XRP's price movement today is largely influenced by the announcement from crypto exchange OKX to delist XRP and Litecoin (LTC) USDT-margined and crypto-margined expiry futures. This decision, which aligns with current market trends, has led to increased volatility in XRP's price as traders react to the news. The delisting is scheduled to be completed by today, December 27, and has sparked concerns about potential price fluctuations. Analysts, however, remain optimistic about XRP's potential for a rally in the next bull market wave.
Despite the delisting news, XRP has shown resilience, with its price experiencing fluctuations throughout the day. The trading volume has seen a decline, indicating reduced interest among traders, yet the price has managed to stay within a relatively stable range. This stability is partly attributed to the market's anticipation of a positive outcome from Ripple's ongoing legal battle with the U.S. SEC, which could further influence XRP's trajectory.
XRP is currently trading at $2.144906, reflecting a 0.44% decrease today. The price reached a high of $2.230391 and a low of $2.137039.