XRP, the native token of the Ripple ecosystem, continues to hold gains despite the market downturn. The token saw an inter-week surge of up to 14.2% from $0.345 to $0.394. While it has dropped from that high, it still holds up to 2.08%. However, it trades dangerously close to its floor price for this week and might lose all its gains soon.
Its daily chart is already trending in the red zone. As of writing, XRP is down over 5% but looks on a rebounding path. The entire crypto market has faced a challenging time this week. Almost every token in the top ten market cap list was trading in the red zone. Only XRP managed to keep its gains from last week. However, its trading volume has increased in the last 24 hours, meaning traders have been active.