Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only.
XRP’s price saw a sudden 10% jump, surpassing the top 10 cryptocurrencies by market capitalization. XRP outperformed Bitcoin and Ethereum in daily gains, with the latter up 2.87% and the former up 0.62%. At present, XRP has surged 11% in the last 24 hours, currently trading at $0.424, with an additional 8% gain in the past few hours.
This rebound coincides with XRP’s BTC chart bottoming out, after weeks of underperformance. Following a low of $0.0000134 on March 20, XRP has gained strength in its Bitcoin pairing, currently up 13%. The RSI indicator suggests that the XRP/BTC recovery trend may continue in the short term, indicating that XRP could potentially continue to outperform Bitcoin in the days ahead.
