On May 10, 2025, the cryptocurrency XRP found itself trading at $2.40, showing strength in the market with a total market capitalization of $140.48 billion. The 24-hour trading volume stood at $3.654 billion, indicating active participation and interest from traders and investors.

Despite some fluctuations throughout the day, XRP displayed a relatively stable performance, moving within a daily intraday price range of $2.33 to $2.42. This range showcased a mild level of volatility, suggesting that the cryptocurrency was holding steady amidst a broader bullish trend in the market.

Analyzing the short-term movements of XRP on the one-hour chart, observers noticed a temporary pullback. This pullback could be attributed to various factors, including profit-taking by traders after a period of price appreciation or market sentiment shifting due to external events or news.

The $2.40 price point represented a significant milestone for XRP, as it reflected the confidence and interest of market participants in the digital asset. The $2.40 level also acted as a psychological barrier, with traders closely monitoring whether XRP could maintain its position above this mark or face a potential retracement.

With a market capitalization of $140.48 billion, XRP continued to solidify its position as one of the leading cryptocurrencies in the market. Its strong market capitalization indicated a robust investor base and a widespread adoption of the cryptocurrency for various use cases, including cross-border payments and remittances.

The 24-hour trading volume of $3.654 billion highlighted the liquidity and trading activity surrounding XRP. A high trading volume is often seen as a positive sign for a cryptocurrency, indicating high levels of interest and engagement from traders looking to buy or sell the asset.

As XRP navigated through the daily price fluctuations, market participants closely monitored the developments in the cryptocurrency space, including regulatory updates, technological advancements, and macroeconomic factors that could impact its price trajectory.

Overall, XRP's performance on May 10, 2025, demonstrated its resilience in the face of market dynamics and showcased its potential for further growth and adoption in the evolving landscape of digital assets. Traders and investors continued to keep a close eye on XRP's price movements, looking for opportunities to capitalize on its potential upside in the future.

Source: https://news.bitcoin.com/xrp-price-watch-daily-rsi-neutral-as-price-eyes-higher-highs/