$XRP Le XRP is more performant than Bitcoin and Ethereum

It is true that Bitcoin and Ethereum have recently accelerated, but XRP is not lagging behind. The price of XRP has increased by nearly 10% in 24 hours, over 30% in a week, 45% in a month, and 55% in three months:

BTC

XRP/BTC

-0.35%

9.21%

23.77%

30.72%

10.69%

-10.98%

ETH

XRP/ETH

0.33%

1.85%

7.40%

9.51%

-27.85%

-1.64%

USDT

XRP/USDT

0.19%

9.29%

32.20%

46.44%

54.68%

1.66%

USD

XRP/USD

0.19%

9.27%

32.17%

46.44%

54.78%

1.72%

Performance of XRP against various pairs. Source: Coincheckup

Moreover, it has outperformed Bitcoin and Ethereum for several weeks. Will the price of the third-largest cryptocurrency accelerate further in the coming days? Technical analysis will provide more insight on this matter.

The third-largest cryptocurrency may continue its ascent

At the end of 2024, the price exploded, and the increase continued into January. The price recorded a rise of 580% in just a few months. And a new rally could come if the price continues to be controlled by buyers:

XRP is accelerating and could soon mark a new ATH.

XRP price against the dollar (3D) – Sign up for Trading View using our affiliate link.

The price is in a bullish dynamic, and it has just broken the bearish trendline. If the price stays above the support at $2, it could soar above the last ATH at $3.4. Meanwhile, the RSI has been developing upwards for several months. As a result, the price is benefiting from bullish momentum. Currently, all indicators are green for this asset. However, if the price were to lose the support at $2, sellers could regain control.

The third-largest cryptocurrency is strong against the dollar, and it even records better performance than Bitcoin or Ethereum. The trend could continue for XRP.