XRP Jumps 4%: What Is Going On?

XRP (CRYPTO: XRP) has kicked off the week with a 4% gain, following the strong start of other major cryptocurrencies.

Traders and analysts say the recent sideways action could soon give way to a significant bullish breakout.

Cryptocurrency Price    Market Cap 24-Hour Trend 7-Day Trend
XRP (CRYPTO: XRP)  $2.12 $123.9 billion +3.7%   -1.5%
Bitcoin (CRYPTO: BTC)  $86,903.25 $1.72 trillion +3.3%  +2.5% 
Ethereum (CRYPTO: ETH)  $1,625.29 $196.3 billion +3.2%  -3.5% 

Trader Notes: Crypto chart analyst Ali Martinez flagged a volatility squeeze on XRP’s 4-hour Bollinger Bands, indicating that a major price move is imminent.

Full story available on Benzinga.com