XRP price continues to show strength versus the wider crypto market. Cointelegraph explains why.
XRP price registered a bullish break of structure on the daily chart on Jan. 11 after the altcoin reached a high of $2.60. Since then, the price has dipped as low as $2.33 on Jan. 13 but swiftly recovered a position above $2.45 within the trading day.
XRP is currently the third largest cryptocurrency asset, including stablecoins, with a market cap of $141 billion.
