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As per data revealed by popular blockchain analytics platform Santiment, on 8 October, Ripple [XRP] clinched the highest daily count of new addresses created on the network since its last high in July. According to Santiment, new addresses created on the XRP network on 6 October stood at a total of 2,773, the highest the network has […]
, XRP traded above the $0.52 price region as of this writing. Its price, at the press time, was $0.525, with a 7% growth in the past 24 hours. Also, trading volume for the asset rallied by 60% within the same period.The sixth-largest cryptocurrency was spotted making significant strides on the daily chart. XRP’s price has been on a steady growth since 3 October.
However, the recent rally in buying pressure has once again forced these indicators to embark on an uptrend. Likewise, the MFI stood at 61.55 at press time. Still, above the center zero line, the dynamic line of XRP’s Chaikin Money Flow rested at 0.11. This indicated that buyers had control of the market, at press time.
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