$ETH 50% Surge of XRP Outperformed the Crypto Market in January: Will a $4 Price Be the Next Stop?

XRP decoupled from the cryptocurrency market after positive regulatory advances for Ripple Labs reinforced investors' bullish conviction in the altcoin.

The XRP token recorded an impressive 50% surge throughout January, outperforming the cryptocurrency market as a whole. Technical patterns on the charts now point to a long-term breakout above $4 in the future.

What Makes XRP Gain Another 50%?

XRP €2.97 rose more than 50% over the past month, surpassing Bitcoin's 13% surge

BTC €100.825 and the nearly 4% drop of Ether

ETH €3181, according to data from Cointelegraph Markets Pro.

The XRP token decoupled from the rest of the market due to positive regulatory developments for Ripple Labs, which received approval for its stablecoin RLUSD from the New York Department of Financial Services (NYDFS) on December 10.