{"id":344910,"date":"2023-09-20T14:00:09","date_gmt":"2023-09-20T08:30:09","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=344910"},"modified":"2024-05-15T11:09:33","modified_gmt":"2024-05-15T05:39:33","slug":"xrps-market-depth-rises-despite-uncertainty","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/xrps-market-depth-rises-despite-uncertainty\/","title":{"rendered":"XRP\u2019s market depth rises despite uncertainty"},"content":{"rendered":"<ul>\n<li><em>Within three months, XRP&#8217;s liquidity increased from $8 million to $12 million.<\/em><\/li>\n<li><em>XRP daily transactions dropped as optimism turned the other way round.<\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">According to Kaiko, <\/span><span style=\"font-weight: 400;\">Ripple\u2019s [XRP]<\/span><span style=\"font-weight: 400;\"> liquidity went up by another $4 million between its partial victory in July and the beginning of September. From the post shared by the digital asset data provider, XRP\u2019s market depth in July was around $8 million.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$XRP<\/a> liquidity has improved significantly after July\u2019s court ruling in the Ripple\/SEC case. Market depth rose from an average of $8mn in June to $12mn in early September, even as XRP&#39;s price and volume has declined. <a href=\"https:\/\/t.co\/WtWqcVhKb5\">pic.twitter.com\/WtWqcVhKb5<\/a><\/p>\n<p>&mdash; Kaiko (@KaikoData) <a href=\"https:\/\/twitter.com\/KaikoData\/status\/1703819178619154619?ref_src=twsrc%5Etfw\">September 18, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">How much are <\/span><span style=\"font-weight: 400;\">1,10,100, XRPs worth today<\/span><span style=\"font-weight: 400;\">?<\/span><\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">However, in early September, it had increased to $12 million.<\/span><\/p>\n<h4><b>High liquidity has not saved the day<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Usually, cryptocurrencies with solid market depth have strong volumes. This allows traders to place large orders without significantly affecting the market price. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Interestingly, the increase happened despite a notable decline in XRP trading and on-chain volume. Also, XRP experienced a subsequent fall in its price.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One reason XRP has been unable to repeat its tremendous performance is the uncertainty <\/span><a href=\"http:\/\/ambcrypto.com\/ripple-president-says-no-going-back-on-battle-with-sec\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">surrounding<\/span><\/a><span style=\"font-weight: 400;\"> its court case with the U.S. SEC. Although it is no news that the SEC has decided to appeal the decision, the <\/span><a href=\"http:\/\/ambcrypto.com\/xrp-reverses-july-gains-when-will-prices-stabilize\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">ripple effect<\/span><\/a><span style=\"font-weight: 400;\"> has been a massive slowdown in the XRP Army&#8217;s enthusiasm.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The decrease in the buzz surrounding the token was evident in XRP\u2019s social dominance. As a metric built on top of social data, social dominance measures the discussion about an asset compared to other top 100 assets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As of 15 July, XRP\u2019s social dominance was a whopping 13.48%. However, the same metric <\/span><a href=\"https:\/\/app.santiment.net\/charts\/83Ht85A6__sCl\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">fell<\/span><\/a><span style=\"font-weight: 400;\"> to a mere 2.05% at press time, meaning that the initial hype around the token was almost non-existent.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Like social dominance, sentiment around XRP remained in the negative zone as well. Weighted sentiment considers the unique social volume as per the positive\/negative commentary linked to a cryptocurrency.<\/span><\/p>\n<figure id=\"attachment_344913\" aria-describedby=\"caption-attachment-344913\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/XRP-Ledger-XRP-12.59.39-19-Sep-2023.png\"><img decoding=\"async\" class=\"size-full wp-image-344913\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/XRP-Ledger-XRP-12.59.39-19-Sep-2023.png\" alt=\"XRP social dominance and weighted sentiment\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/XRP-Ledger-XRP-12.59.39-19-Sep-2023.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/XRP-Ledger-XRP-12.59.39-19-Sep-2023-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/XRP-Ledger-XRP-12.59.39-19-Sep-2023-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/XRP-Ledger-XRP-12.59.39-19-Sep-2023-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/XRP-Ledger-XRP-12.59.39-19-Sep-2023-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/XRP-Ledger-XRP-12.59.39-19-Sep-2023-2048x693.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-344913\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">At the time of writing, XRP\u2019s weighted sentiment was -0.144. This suggested that a large part of the crypto community was not excited about the token&#8217;s short-term price action.<\/span><\/p>\n<h4><b>Not yet time to go long<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">For traders who are on the lookout for XRP\u2019s next <\/span><a href=\"http:\/\/ambcrypto.com\/ripples-latest-move-may-do-little-for-xrps-price-action-and-heres-why\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">direction<\/span><\/a><span style=\"font-weight: 400;\">, it might not be a great time to long the token. This was because of the sentiment shown by the funding rate. At the time of writing, the funding rate was -0.004%.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Typically, positive values of the funding rate imply that traders are bullish. But when the funding rate is negative, it means traders are opening contracts targeting a price decrease, and that was the case with XRP.<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Is your portfolio green? Check out the <\/span><a href=\"http:\/\/ambcrypto.com\/calculator\/ripple-profit-calculator\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">XRP Profit Calculator<\/span><\/a><\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">In the active addresses corner, Santiment <\/span><a href=\"https:\/\/app.santiment.net\/charts\/bqz0oeli__sCl\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">showed<\/span><\/a><span style=\"font-weight: 400;\"> that the number had decreased to 60,600 at press time. Active addresses indicate the daily level of interaction or speculation around a token. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Therefore, the decrease meant that the number of unique addresses involved in XRP transactions daily had been reduced.\u00a0<\/span><\/p>\n<figure id=\"attachment_344912\" aria-describedby=\"caption-attachment-344912\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/XRP-Ledger-XRP-13.11.51-19-Sep-2023.png\"><img decoding=\"async\" class=\"size-full wp-image-344912\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/XRP-Ledger-XRP-13.11.51-19-Sep-2023.png\" alt=\"XRP funding rate and active addresses\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/XRP-Ledger-XRP-13.11.51-19-Sep-2023.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/XRP-Ledger-XRP-13.11.51-19-Sep-2023-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/XRP-Ledger-XRP-13.11.51-19-Sep-2023-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/XRP-Ledger-XRP-13.11.51-19-Sep-2023-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/XRP-Ledger-XRP-13.11.51-19-Sep-2023-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/XRP-Ledger-XRP-13.11.51-19-Sep-2023-2048x693.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-344912\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The buzz surrounding XRP has evidently reduced. But traders have been placing large orders for the token. Has this affected the price?<\/p>\n","protected":false},"author":72,"featured_media":344911,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,55,4,20],"tags":[],"class_list":["post-344910","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-xrp-ripple-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>XRP\u2019s market depth rises despite uncertainty - AMBCrypto<\/title>\n<meta name=\"description\" content=\"According to Kaiko data, Ripple\u2019s [XRP] liquidity went up by another $4 million between its July partial victory and the beginning\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/xrps-market-depth-rises-despite-uncertainty\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XRP\u2019s market depth rises despite uncertainty - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"The buzz surrounding XRP has evidently reduced. But traders have been placing large orders for the token. Has this affected the price?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/xrps-market-depth-rises-despite-uncertainty\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-20T08:30:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-15T05:39:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/XRP_depth_1200x900.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Victor Olanrewaju\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/vic_olanrewaju\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Victor Olanrewaju\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"AnalysisNewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/xrps-market-depth-rises-despite-uncertainty\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/xrps-market-depth-rises-despite-uncertainty\\\/\"},\"author\":{\"name\":\"Victor Olanrewaju\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/adb85c1ce0574a1ee41039ff452315e5\"},\"headline\":\"XRP\u2019s market depth rises despite uncertainty\",\"datePublished\":\"2023-09-20T08:30:09+00:00\",\"dateModified\":\"2024-05-15T05:39:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/xrps-market-depth-rises-despite-uncertainty\\\/\"},\"wordCount\":489,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/xrps-market-depth-rises-despite-uncertainty\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/XRP_depth_1200x900.png\",\"articleSection\":[\"Altcoin\",\"News\",\"News 1\",\"Ripple\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/xrps-market-depth-rises-despite-uncertainty\\\/#respond\"]}],\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/xrps-market-depth-rises-despite-uncertainty\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/xrps-market-depth-rises-despite-uncertainty\\\/\",\"name\":\"XRP\u2019s market depth rises despite uncertainty - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/xrps-market-depth-rises-despite-uncertainty\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/xrps-market-depth-rises-despite-uncertainty\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/XRP_depth_1200x900.png\",\"datePublished\":\"2023-09-20T08:30:09+00:00\",\"dateModified\":\"2024-05-15T05:39:33+00:00\",\"description\":\"According to Kaiko data, Ripple\u2019s [XRP] liquidity went up by another $4 million between its July partial victory and the beginning\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/xrps-market-depth-rises-despite-uncertainty\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/xrps-market-depth-rises-despite-uncertainty\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/XRP_depth_1200x900.png\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/XRP_depth_1200x900.png\",\"width\":1200,\"height\":900,\"caption\":\"XRP\u2019s market depth rises despite uncertainty\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"name\":\"AMBCrypto\",\"description\":\"Stay Ahead!\",\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"alternateName\":\"AMBCrypto News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ambcrypto.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\",\"name\":\"AMBCrypto\",\"alternateName\":\"AMBCrypto News\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/amb-wide.jpg\",\"width\":600,\"height\":60,\"caption\":\"AMBCrypto\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/cryptoamb\",\"https:\\\/\\\/x.com\\\/CryptoAmb\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/13629485\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/adb85c1ce0574a1ee41039ff452315e5\",\"name\":\"Victor Olanrewaju\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/IMG-9126-scaled-e1677641698928-150x150.jpg\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/IMG-9126-scaled-e1677641698928-150x150.jpg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/IMG-9126-scaled-e1677641698928-150x150.jpg\",\"caption\":\"Victor Olanrewaju\"},\"description\":\"Victor Olanrewaju is a full-time journalist at AMBCrypto. Settled in Lagos, his fascination with blockchain technology and the cryptocurrency market arose out of his love of freedom and everything free. As a Nigerian, Victor understands the impact unfounded financial restrictions have on a population. He sees Bitcoin and cryptos as a way to circumvent these obstacles, as a tool for value creation despite all the setbacks. A graduate in Physics, Victor previously worked as a Senior Marketer at Melange Technologies. Before that, he dealt with crypto-marketers on a regular basis in his capacity as Copywriter at Ventrix Media. At AMBCrypto, Victor\u2019s focus is on assessing the real effectiveness of both on-chain and off-chain developments on a project and its community sentiment.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/victor-olanrewaju\\\/\",\"https:\\\/\\\/x.com\\\/https:\\\/\\\/twitter.com\\\/vic_olanrewaju\"],\"knowsAbout\":[\"Technical Analysis\",\"Crypto Market Trends\",\"Crypto Market Analysis\"],\"jobTitle\":\"Journalist\",\"worksFor\":\"AMBCrypto\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/author\\\/victor-olanrewaju\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"XRP\u2019s market depth rises despite uncertainty - AMBCrypto","description":"According to Kaiko data, Ripple\u2019s [XRP] liquidity went up by another $4 million between its July partial victory and the beginning","robots":{"index":"index","follow":"follow","max-image-preview":"max-image-preview:large"},"canonical":"https:\/\/ambcrypto.com\/xrps-market-depth-rises-despite-uncertainty\/","og_locale":"en_US","og_type":"article","og_title":"XRP\u2019s market depth rises despite uncertainty - AMBCrypto","og_description":"The buzz surrounding XRP has evidently reduced. But traders have been placing large orders for the token. Has this affected the price?","og_url":"https:\/\/ambcrypto.com\/xrps-market-depth-rises-despite-uncertainty\/","og_site_name":"AMBCrypto","article_publisher":"https:\/\/www.facebook.com\/cryptoamb","article_published_time":"2023-09-20T08:30:09+00:00","article_modified_time":"2024-05-15T05:39:33+00:00","og_image":[{"width":1200,"height":900,"url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/XRP_depth_1200x900.png","type":"image\/png"}],"author":"Victor Olanrewaju","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/vic_olanrewaju","twitter_site":"@CryptoAmb","twitter_misc":{"Written by":"Victor Olanrewaju","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"AnalysisNewsArticle","@id":"https:\/\/ambcrypto.com\/xrps-market-depth-rises-despite-uncertainty\/#article","isPartOf":{"@id":"https:\/\/ambcrypto.com\/xrps-market-depth-rises-despite-uncertainty\/"},"author":{"name":"Victor Olanrewaju","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/adb85c1ce0574a1ee41039ff452315e5"},"headline":"XRP\u2019s market depth rises despite uncertainty","datePublished":"2023-09-20T08:30:09+00:00","dateModified":"2024-05-15T05:39:33+00:00","mainEntityOfPage":{"@id":"https:\/\/ambcrypto.com\/xrps-market-depth-rises-despite-uncertainty\/"},"wordCount":489,"commentCount":0,"publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"image":{"@id":"https:\/\/ambcrypto.com\/xrps-market-depth-rises-despite-uncertainty\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/XRP_depth_1200x900.png","articleSection":["Altcoin","News","News 1","Ripple","Social","Trading View"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ambcrypto.com\/xrps-market-depth-rises-despite-uncertainty\/#respond"]}],"copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/ambcrypto.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ambcrypto.com\/xrps-market-depth-rises-despite-uncertainty\/","url":"https:\/\/ambcrypto.com\/xrps-market-depth-rises-despite-uncertainty\/","name":"XRP\u2019s market depth rises despite uncertainty - AMBCrypto","isPartOf":{"@id":"https:\/\/ambcrypto.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ambcrypto.com\/xrps-market-depth-rises-despite-uncertainty\/#primaryimage"},"image":{"@id":"https:\/\/ambcrypto.com\/xrps-market-depth-rises-despite-uncertainty\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/XRP_depth_1200x900.png","datePublished":"2023-09-20T08:30:09+00:00","dateModified":"2024-05-15T05:39:33+00:00","description":"According to Kaiko data, Ripple\u2019s [XRP] liquidity went up by another $4 million between its July partial victory and the beginning","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ambcrypto.com\/xrps-market-depth-rises-despite-uncertainty\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/xrps-market-depth-rises-despite-uncertainty\/#primaryimage","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/XRP_depth_1200x900.png","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/XRP_depth_1200x900.png","width":1200,"height":900,"caption":"XRP\u2019s market depth rises despite uncertainty"},{"@type":"WebSite","@id":"https:\/\/ambcrypto.com\/#website","url":"https:\/\/ambcrypto.com\/","name":"AMBCrypto","description":"Stay Ahead!","publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"alternateName":"AMBCrypto News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ambcrypto.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ambcrypto.com\/#organization","name":"AMBCrypto","alternateName":"AMBCrypto News","url":"https:\/\/ambcrypto.com\/","logo":{"@type":"ImageObject","@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/04\/amb-wide.jpg","width":600,"height":60,"caption":"AMBCrypto"},"image":{"@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/cryptoamb","https:\/\/x.com\/CryptoAmb","https:\/\/www.linkedin.com\/company\/13629485\/"]},{"@type":"Person","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/adb85c1ce0574a1ee41039ff452315e5","name":"Victor Olanrewaju","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/IMG-9126-scaled-e1677641698928-150x150.jpg","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/IMG-9126-scaled-e1677641698928-150x150.jpg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/IMG-9126-scaled-e1677641698928-150x150.jpg","caption":"Victor Olanrewaju"},"description":"Victor Olanrewaju is a full-time journalist at AMBCrypto. Settled in Lagos, his fascination with blockchain technology and the cryptocurrency market arose out of his love of freedom and everything free. As a Nigerian, Victor understands the impact unfounded financial restrictions have on a population. He sees Bitcoin and cryptos as a way to circumvent these obstacles, as a tool for value creation despite all the setbacks. A graduate in Physics, Victor previously worked as a Senior Marketer at Melange Technologies. Before that, he dealt with crypto-marketers on a regular basis in his capacity as Copywriter at Ventrix Media. At AMBCrypto, Victor\u2019s focus is on assessing the real effectiveness of both on-chain and off-chain developments on a project and its community sentiment.","sameAs":["https:\/\/www.linkedin.com\/in\/victor-olanrewaju\/","https:\/\/x.com\/https:\/\/twitter.com\/vic_olanrewaju"],"knowsAbout":["Technical Analysis","Crypto Market Trends","Crypto Market Analysis"],"jobTitle":"Journalist","worksFor":"AMBCrypto","url":"https:\/\/ambcrypto.com\/author\/victor-olanrewaju\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/344910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/users\/72"}],"replies":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/comments?post=344910"}],"version-history":[{"count":0,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/344910\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media\/344911"}],"wp:attachment":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media?parent=344910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/categories?post=344910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/tags?post=344910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}