The price of XRP
XRP
tickers down
€2.50
recorded a bullish breakout of the structure on the daily chart on January 13 after the altcoin reached a high of $2.60. Since then, the price has fallen as low as $2.33 on January 13, but quickly regained a position above $2.45 today.
4-hour candlestick chart of the XRP pair. Source: Cointelegraph/TradingView
XRP is currently the third largest crypto asset, including stablecoins, with a market capitalization of $141 billion.
XRP/BTC seeks a bullish close above a 4-year resistance
Although XRP lagged behind Bitcoin during the bull cycle of 2021, the altcoin has established a strong position in 2024/2025. With a weekly close above $2.50 last week, XRP/BTC recorded its highest weekly closing candle since October 2022, as illustrated in the chart.