XRP Dominates Korean Market with 11.68% of Upbit’s $3.875 Billion Trading Volume

XRP

XRP/USDT

$1.6118

-2.78%

$1.6118

-2.78%

(24s)

24h Volume

$2,621,098,798.27

24h H/L

$1.6805 / $1.5526

Change: $0.1279 (8.24%)

Long/Short

75.8%

Long: 75.8%Short: 24.1%

Funding Rate

+0.0003%

Longs pay

Data provided by COINOTAG DATALive data

Ripple

Daily

$1.6102

▲ 1.22%

Volume (24h): -

Resistance Levels

Resistance 3$1.8479

Resistance 2$1.7585

Resistance 1$1.6409

Price$1.6102

Support 1$1.593

Support 2$1.5028

Support 3$1.1778

Pivot (PP):$1.6025

Trend:Downtrend

RSI (14):28.3

According to COINOTAG on May 10th, recent data from CoinGecko reveals that Upbit has achieved an impressive trading volume of $3.875 billion within the last 24 hours. Notably, the XRP/KRW trading pair dominates this figure, contributing a substantial 11.68%, placing it at the forefront of the Korean won market. Following XRP, the remaining top five trading pairs by volume include ETH, LAYER, TRUMP, and DOGE. This surge exemplifies the growing interest in cryptocurrency trading in the region, highlighting Upbit’s pivotal role in fostering market liquidity and engagement. Monitoring these trends is essential for investors seeking to navigate the evolving landscape of digital assets.