XRP Jumps 16% In 7 Days: What Is Going On?
Posted On March 6, 2025
XRP (CRYPTO: XRP) continues its strong rally, driven by anticipation of the upcoming White House crypto summit and the confirmed attendance of Ripple CEO Brad Garlinghouse.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
XRP (CRYPTO: XRP) | $2.59 | $150.4 billion | +5.2% | +17.8% |
Bitcoin (CRYPTO: BTC) | $89,758.18 | $1.77 trillion | +0.4% | +4.7% |
Ethereum (CRYPTO: ETH) | $2,251.41 | $271.6 billion | +2.7% | -3.3% |
Trader Notes: Trader CrediBULL Crypto is watching whether XRP drops below $2 for a potential re-entry.
He pointed out key market signals of a strong market structure – open interest has fully reset, spot premium is rising, and funding is turning negative. According to the trader, any dips being buying opportunities.