XRP rally to $4 possible after XRP/BTC pair clears 30-day resistance level
XRP price continues to show strength versus the wider crypto market. Cointelegraph explains why.
XRP (XRP) price registered a bullish break of structure on the daily chart on Jan. 11 after the altcoin reached a high of $2.60. Since then, the price has dipped as low as $2.33 on Jan. 13 but swiftly recovered a position above $2.45 within the trading day.
XRP 4-hour chart. Source: Cointelegraph/TradingView
XRP is currently the third largest cryptocurrency asset, including stablecoins, with a market cap of $141 billion.
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Author: Biraajmaan Tamuly
