You might not have noticed but the price of XRP, the third biggest cryptocurrency, is now up by more than 10 percent. Crypto trader Luke Martin says that he's long on XRP even after this price spike.
A treat for XRP holders
XRP had been trailing behind other top cryptocurrencies, including Bitcoin (BTC), before it eventually witnessed a surprise pump at 17:00 UTC. This allowed the token to reclaim the $0.244 level. This is the highest point XRP has managed to reach since the end of November.
Is $0.30 on the cards?
Earlier today, Crypto Rand predicted that XRP could soon touch $0.30 if it managed to break above the downtrend resistance.
Now, it appears that XRP is starting the journey to the much-coveted level. It remains to be seen whether XRP will manage to keep its momentum going.