(*1*)Source: Commercial view

XRP price is virtually unchanged today, with its current level of €0.378725 representing a very modest 0.4% gain over the last 24 hours. The altcoin is up 14% in the last fortnight but is still down 16% in the last 30 days as the fallout from the FTX bankruptcy continues to weigh on prices.(*3*)

The XRP price is also influenced by the ins and outs of Ripple's longstanding case with the SEC, with the coin falling a few weeks ago after LBRY lost a similar case. However, with Ripple successfully filing 14 amicus briefs on his behalf over the past week, the particular outlook on him remains positive.(*3*)

XRP Price Prediction as €1 Billion Trading Volume Hits: XRP to €3 by 2023?

As of this writing, XRP's 24-hour trading volume is down to €1 billion, having hit €3.5 billion earlier in the month when the FTX crisis broke. This indicates a decrease in volatility, which can be either positive or negative, depending on your perspective and the current state of the market.(*3*)

In terms of indicators, the XRP price chart paints a mixed picture. Its Relative Strength Index (purple) has risen from below 30 at the start of the month to around 45 now, signaling a slight pick-up in buyer momentum and interest.(*3*)

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