XRP Jumps 16% In 7 Days: What Is Going On?

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.

Full story available on Benzinga.com