Despite XRP’s (CRYPTO: XRP) recent price cooldown, market commentators remain optimistic about XRP, boosted by growth in Ripple’s ecosystem.
Cryptocurrency | Ticker | Price | Market Cap | 7-Day Trend |
XRP | (CRYPTO: XRP) | $3.12 | $185 billion | -10.2% |
Bitcoin | (CRYPTO: BTC) | $116,064.67 | $2.3 trillion | -2.3% |
Ethereum | (CRYPTO: ETH) | $3,709.94 | $447.8 billion | +2.6% |
Trader Notes: Crypto analyst Defi Edward sees XRP building strong bullish momentum even after hitting multi-year highs.
A breakout from a symmetrical triangle pattern on the daily chart targets a move toward $6, but price must hold above $3.66 to validate the breakout.
On the 4-hour chart, Edward spots a bull pennant, …