Will XRP Flip BNB To Regain 5th Position in Crypto Rankings?

XRP Price Striving Hard to Overcome Current Bearish Momentum
  • Many traders believe XRP will flip BNB to regain the 5th position in the rankings.
  • XRP shows constant growth throughout the stormy market in Q2 2022.
  • XRP sustained within the top 10 in the crypto market.

Crypto enthusiasts wondering whether XRP will flip BNB to regain 5th position in the crypto rankings. Moreover, XRP shows constant growth throughout the stormy market in Q2 2022, besides the ongoing Ripple vs. SEC lawsuit. To note, XRP sustained within the top 10 in the crypto market.

Crypto Market Ranking (CoinMarketCap)

Recently, $18 million XRP was withdrawn from Binance and transferred to an unknown wallet. Added to this, 143M XRP was transferred from an unknown wallet to an anonymous wallet. Whale activity has increased as well in recent times.

Many traders believe that in case of Ripple wins the lawsuit, the XRP price might reach $2. On the other hand, the price might drop to an all-time low.

XRP/USDT Price Chart (Source: TradingView)

According to CoinMarketCap, the XRP price is moving at $0.36 with a 24-hour trading volume of $886,736,188, at the time of writing. 

On November 28, BNB’s price started moving towards a bearish pennant (Grey Lines). More so, the price of BNB’s action was reduced up until last Sunday. However, after BNB it fell from $285 to $249.91.

The price of BNB currently stands at $249.91. BNB’s 24-hour trading volume increased by more than 15% over the last day to now stand at $920,302,219. With its market cap of $$39,967,958,194, BNB is currently the 5th biggest crypto.

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