The crypto market has shown short-term bullish signs after days of price dips. XRP, one of the leading altcoins, saw a significant 5.34% increase over the last 24 hours.
Recent XRP Growth
XRP reemerged to the $2.55 level utilizing the current surge. On the afternoon of January 13, it was trading at $2.41, then fell to $2.3. However, it later gained momentum to reach current levels.
Current XRP Metrics
At the time of writing, XRP was trading at $2.5708. Recently, XRP recorded a 10% surge, putting it in the spotlight. The weekly chart suggests a 5.37% increase overall, although significant price fluctuations over the last 7 days have not propelled the price further upwards.
XRP Outlook for Coming Days
An analysis of XRP's price actions shows an ascending channel, indicating positive trends. The MACD line recently crossed its signal line, suggesting a possible positive trend. The bull power indicator value stands at 8.21, and bear power at -2.17, confirming the bulls' dominance.
If XRP sustains its current trend, it could reach $3. Other altcoins like Solana and Ethereum showed positive results over the past day.
