$XRP
XRP price closed above the key psychological level of $3 on Wednesday and rallied 14.60% the next day. At the time of writing on Friday, it continues to trade higher, reaching a new all-time high of $3.66.
If XRP continues its upward trend, it could extend the rally toward its 141.40% Fibonacci extension level at $4.13, drawn from the January high of $3.40 to the April low of $1.61.
However, the RSI indicator on the daily chart reads 89, indicating an extreme overbought condition, which traders should be cautious of. Meanwhile, like Ethereum, the MACD indicator suggests further gains for XRP ahead.
