XRP Gains 2%: What Is Going On?

XRP (CRYPTO: XRP) rose 2% as fresh developments across the Ripple ecosystem fueled optimism, with traders eyeing a potential breakout.

Cryptocurrency Price    Market Cap 24-Hour Trend 7-Day Trend
XRP (CRYPTO: XRP) $2.31 $136 billion +0.3% +2.7%
Bitcoin (CRYPTO: BTC) $109,214.48 $2.17 trillion -0.6% +3.7%
Ethereum (CRYPTO: ETH) $2,768.92 $333.7 billion -0.7% +5%

Trader Notes: Crypto analyst Dark Defender says XRP is on the verge of a daily timeframe breakout, citing a bullish Relative Strength Index (RSI), aligned Exponential Moving Averages (EMAs), and a likely flip in Ichimoku Cloud indicators.

According to the trader, a close above $2.33 could trigger an explosive upward move.

Full story available on Benzinga.com