Ripple’s (CRYPTO: XRP) rally is increasingly gaining momentum amid whale accumulation and increased optimism from traders.
What Happened: XRP surged 22% on Friday, bringing its seven-day gains to 57%. The seventh-biggest cryptocurrency in the world has outperformed the two cryptos over the past week.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| XRP (CRYPTO: XRP) | $0.8786 | $50 billion | 22.2% | +58.9% |
| Bitcoin (CRYPTO: BTC) | $88,310.05 | $1.75 trillion | -0.8% | +15.9% |
| Ethereum (CRYPTO: ETH) | $3,029.91 | $364.9 billion | -2% | +3.4% |
Trader Notes: In a podcast update, vetern crypto trader DonAlt identified XRP as being in a monthly breakout phase.
He highlighted resistance levels at $1.50 (2x the current price) and $3.60 (4x).
While not a fan of XRP …
Full story available on Benzinga.com