XRP’s 50% rally outperforms crypto market in January — Is $4 the next stop?
XRP decoupled from the crypto market after positive regulatory developments for Ripple Labs reinforced investors’ bullish conviction in the altcoin.
The XRP token staged an impressive 50% rally throughout January, outperforming the wider cryptocurrency market. Technical chart patterns are now targeting a longer-term breakout above $4 in the future.
XRP (XRP) rose over 50% during the past month, outperforming Bitcoin’s (BTC) 13% rally and Ether’s (ETH) near 4% decline, Cointelegraph Markets Pro data shows.
XRP, BTC, ETH, 1-month chart. Source: Cointelegraph
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Author: Zoltan Vardai
