What to Expect From The XRP Price Heading Into The New Week

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XRP is trading hands at $0.3808 after a 2.69% increase in price.
Currently, XRP is trading above the support zone between $0.3520 and $0.3686.
If XRP’s price is unable to close today above the two EMA lines the token’s price will likely drop to $0.3686.

As the market is once again showing signs of recovery, most of the top 10 cryptocurrencies are trading in the green for today. The same can be said for the altcoin XRP. CoinMarketCap indicates that XRP is trading hands at $0.3808 after a 2.69% increase in price over the last day. The crypto is also in the green by more than 4% over the last seven days.

At the moment, XRP’s 24 hour trading volume is in the green zone and stands at $1,123,704,079 after a more than 50% increase since yesterday. With its market cap of $19,324,115,366, XRP is currently ranked as the 6th biggest crypto in terms of market capitalization. This places it right behind USD Coin (USDC) in the 5th position and in front of Cardano (ADA) which is ranked 7th on the list of the biggest cryptos.