#BTCvsMarkets XRP's 50% Rally Outperformed the Crypto Market in January: Will a $4 Price be the Next Stop?

XRP decoupled from the cryptocurrency market after positive regulatory advancements for Ripple Labs bolstered bullish investor sentiment in the altcoin.

The XRP token recorded an impressive 50% rally throughout January, outperforming the overall cryptocurrency market. 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 last month, surpassing Bitcoin's 13% rally

BTC €100.825 and Ether's nearly 4% drop

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.