XRP Skyrockets 10%: What Is Going On?

XRP (CRYPTO: XRP) is up 10%, supported by surging trading volumes and sustained whale accumulation. Analysts and traders say the setup suggests more gains may be on the horizon.

Cryptocurrency Price    Market Cap 24-Hour Trend 7-Day Trend
XRP (CRYPTO: XRP)  $2.59 $151.9 billion +10.2%  +21.7% 
Bitcoin (CRYPTO: BTC) $104,198.9 $2.07 trillion +0.2%  +10.3% 
Ethereum (CRYPTO: ETH)  $2,558.22 $308.8 billion +3.6%  +41.5% 

Trader Notes: Crypto chart analyst Ali Martinez pointed out that XRP may be forming a symmetrical triangle pattern, a classic continuation structure. If the pattern plays out fully, he estimates a price target of $15.

Full story available on Benzinga.com