XRP (CRYPTO: XRP) is once again capturing attention as technical signals and fundamental developments point toward a potential bullish breakout.
With rising institutional involvement and the latest upgrades to the XRP Ledger, traders are closely watching for confirmation of a trend shift.
Cryptocurrency | Ticker | Price | Market Cap | 7-Day Trend |
XRP | (CRYPTO: XRP) | $2.16 | $2.6 billion | +0.4% |
Bitcoin | (CRYPTO: BTC) | $107,265.47 | $2.13 trillion | +2.3% |
Ethereum | (CRYPTO: ETH) | $2,450.40 | $295.9 billion | -3% |
Trader Notes: Crypto analyst Cryptoinsightuk highlighted strong bullish signals on XRP’s weekly chart.
If XRP closes the week at or above current levels, it will mark the first bullish engulfing candle at a higher low since its local top in January, often a precursor to a major move.
Both the RSI and Stochastic RSI are close to forming a bullish cross, indicating …