XRP has surged dramatically higher in the past day. The coin is up 30% against the U.S. dollar in the past 24 hours, making it the top-performing crypto asset in the top 100 by market capitalization. That’s no joke, XRP, a coin that has almost continually been bleeding out since the 2018 highs, has gained 30% in a single day.
As of this article’s writing, the coin is trading at $0.45, its highest price in many months. Analysts think the cryptocurrency could move even higher in the days ahead as technical trends align in the coin’s favor.
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Analysts think the cryptocurrency could move even higher in the hours and days ahead.
Joe McCann, an engineer at Microsoft and a prominent crypto-asset analyst, recently shared to his Telegram channel that XRP just confirmed a bullish MACD crossover. The MACD, or Moving Average