XRP declined toward $1.50 on September 24, pulling back from recent highs despite retaining a nearly 16% weekly advance. The token fell 6.91% over the preceding 24 hours, according to CoinMarketCap, which recorded a seven-day increase of 15.96%.
XRP traded within a seven-day range of $1.29 to $1.66, placing its price approximately 9.6% below the weekly high. Within its daily range, XRP sat near the lower end, with a 24-hour low of $1.48 and high of $1.63. The token's daily trading volume reached $6.46 billion, while its market capitalization stood at $94.6 billion, maintaining its position as the fifth-largest cryptocurrency.
Technical Indicators
XRP's daily relative strength index (RSI) registered 59, placing the momentum indicator above its neutral midpoint of 50 but below the conventional overbought threshold of 70. The token's price traded approximately 16% above its 50-day moving average.
The volume profile's point of control—the price level at which the highest trading volume occurred—stood at $1.37. At $1.50, XRP remained above this level but positioned between that point and its seven-day low of $1.29.
Broader Market Context
XRP's daily losses occurred during a weaker session for digital assets. The total cryptocurrency market capitalization fell 2.96% over 24 hours to approximately $2.86 trillion, with XRP's decline exceeding that percentage. Over seven days, however, XRP outperformed the broader market, which recorded a 9.6% gain compared with the token's 15.9% advance.
