XRP (CRYPTO: XRP) has gained 9% over the past seven days, buoyed by optimism surrounding the nearing conclusion of the Ripple-SEC lawsuit.

Traders and investors are once again eyeing XRP as a relatively safe altcoin bet, backed by technical patterns and growing market activity.

Cryptocurrency Ticker Price Market Cap 7-Day Trend
XRP (CRYPTO: XRP) $2.17 $128.6 billion +8.8%
Bitcoin (CRYPTO: BTC) $107,742.48 $2.14 trillion +6.4% 
Ethereum (CRYPTO: ETH) $2,462.88 $297.3 billion +9.5%

Trader Notes: Crypto trader Dark Defender pointed out an unusual pattern on XRP’s daily chart – a so-called “Silent Candle,” where price action stagnated just below a key resistance zone. This could be the calm before a breakout.

On the other hand, Crypto Seth backed fellow trader Dorkchicken’s analysis, which highlights that XRP …

Full story available on Benzinga.com