The XRP price has recovered a little in the past hour after falling by 0.5% in a day, with its current level of $0.711867 marking an 8% loss in the last seven days. Despite the correction it has suffered in the past week or so, XRP remains up by 50% in a month and by more than 100% since the beginning of the year. And with XRP's 24-hour trading volume remaining above $1 billion, there's still plenty of scope for the altcoin to launch more rallies in the coming days and weeks. While XRP hasn't had a great time over the past week, its chart suggests it's now in a position where it could see some rebound rallies in the next few days.
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