XRP Dominates Korean Cryptocurrency Market with 28.46% Trading Volume on Upbit

XRP

XRP/USDT

$1.455

+3.23%

$1.455

+3.23%

(24s)

24h Volume

$2,431,226,288.85

24h H/L

$1.4703 / $1.4052

Change: $0.0651 (4.63%)

Long/Short

70.2%

Long: 70.2%Short: 29.8%

Funding Rate

-0.0145%

Shorts pay

Data provided by COINOTAG DATALive data

Ripple

Daily

$1.4639

▲ 2.87%

Volume (24h): -

Resistance Levels

Resistance 3$1.8487

Resistance 2$1.6763

Resistance 1$1.487

Price$1.4639

Support 1$1.3865

Support 2$1.2841

Support 3$1.1172

Pivot (PP):$1.448

Trend:Downtrend

RSI (14):36.8

On February 20th, data from CoinGecko revealed that Upbit, a prominent South Korean cryptocurrency exchange, experienced a significant trading volume of $2.014 billion within a 24-hour period. Notably, the XRP/KRW trading pair dominated this volume, representing 28.46%, thus securing its position as the leading pair in the Korean won market. Following XRP, the top five trading pairs included ARK, USDT, BTC, and GLM. This data points to the growing popularity of trading cryptocurrency in Korea, highlighting the importance of liquidity and market dynamics in the region.