- XRP price rose 43% in just a few hours and peaked at $ 0.87730 on Binance.
- XRP was last traded at this level almost three years ago – on May 6, 2018.
- The total cryptocurrency market capitalization at the moment exceeded $ 2 trillion.
Ripple-linked XRP has finally joined the rally in the cryptocurrency market. To the delight of the XRP community, the asset soared more than 43% earlier today, hitting an intraday high of $ 0.87730 on Binance. This is the highest level in the last 35 months – the coin was last traded at this price on May 6, 2018.
For this, XRP had to overcome the long-term resistance level of $ 0.78, and the next level of overcoming for it will be the level of $ 0.90.
XRP has entered the top ten most successful cryptocurrencies today after rising 43% in a day, and today it is the best gaining asset out of the TOP 10 coins with the highest market capitalization. As a result of this growth, it is competing with Cardano for the sixth place in the cryptocurrency ranking by market capitalization, and the total market capitalization at the moment exceeded $ 2 trillion.
XRP is currently up 280% since the beginning of the year, despite being delisted or suspended by major US crypto exchanges for US clients due to a litigation between Ripple and the SEC.
XRP is currently trading at $ 0.83, and after removing major technical hurdles, XRP is now just 14% of the $ 1 touch.