XRP Continues to Assert Its Position in the Cryptocurrency Market
XRP made headlines by temporarily surpassing Tether to become the 3rd largest cryptocurrency by market value. The price of XRP has risen above $2.61 for the first time since March 6, marking a strong recovery for this digital asset. However, currently, XRP has returned to the 4th position.
Positive Volatility on the Price Chart
Market experts have noticed a positive change in the price chart of XRP. Over the past few months, the price of XRP has been affected by bearish divergence, limiting growth. But recently, this trend seems to have ended. The 3-day relative strength index (RSI) of XRP has surpassed previous levels, indicating that this currency is strengthening and may continue to rise.
XRP Price Analysis: Signs of Bullish Breakout
On the daily chart, XRP is trying to break through an important resistance level around $2.45 to $2.46. To confirm the breakout, a daily candle close above this level is needed. If successful and breaking above $2.58 to $2.59, it could signal a significant bullish trend. The price may encounter some obstacles at levels like $2.77, $2.95, $3.15, and $3.30.
Increase in XRP Adoption by 2025
In addition to price performance, XRP is also becoming increasingly popular among investors. In 2025 alone, the number of XRP holders has increased by over 11%. This cryptocurrency is also being used more widely in practice. XRP is now accepted as a payment method on Travala.com, a travel booking website, making it more attractive to users.
Source: https://tintucbitcoin.com/xrp-vuot-tether-tro-lai-top-3-tien-dien-tu/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news about the cryptocurrency market and not miss any important information!
