XRP is trading at $1.04, down 1.38% over the past 24 hours, with price action remaining flat as the market waits for the US stock market to reopen. On the weekly timeframe, the longer-term trend remains technically bearish. No confirmed bottom or reversal signal has emerged yet from the larger bearish structure.
Led by Dogecoin, meme coins currently account for 1.25% of the total value of the crypto market. Performance data for meme coins can be deceiving, given how they often launch at prices close to zero.