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XRP Price Spikes as Ripple’s Token Remains the Only Top Cryptocurrency in the Green
As they say, where Bitcoin goes, altcoins follow. However, it doesn’t seem to be the case with XRP – Ripple’s token recorded a sizeable 4.41 percent spike even while other altcoins remain in the red, CoinMarketCap data shows.
Alex DovbnyaXRP defies the bearish trend
At press time, the third biggest currency by market capitalization is trading at $0.35, according to CMC, thus almost matching its most recent peak of $0.36.
In a sea of red there was one green...we've seen this before ?#xrp #xrpthestandard #ripple #0doubt pic.twitter.com/HU5UzhHllA
— xrp_news ⚡ (@xrp_news) April 5, 2019
Up#LetsMoon pic.twitter.com/7Whfu5YpNB
— ?PandaRippleXRP? (@RipplePandaXRP) April 5, 2019
Fri, 03/29/2019 - 14:20Ripple (XRP) Trades Sideways but Price Predictions for Next Move Point to a Bullish Move
Jack ThomasThe broader market slumps
As reported by U.Today, Bitcoin suddenly spiked by more than 20 percent on Apr. 2 that allowed its price to break above the important resistance level of $5,000. Unfortunately for crypto bulls, this rally didn’t have legs, and Bitcoin currently trading at $4,950.
Some other altcoins witnessed an even more brutal fall. Case in point: Bitcoin Cash. Roger Ver’s favorite coin plunged 12 percent following the astronomic growth of its price since Monday.
card
The road to $3.70
There is no clear indicator of that might be pumping the XRP price. On Sept. 21, XRP became the forerunner of the cryptocurrency market with its price registering a 75 percent spike, which allowed Ripple to surpass Ethereum. Back then, XRP peaked at $0.783, but it’s still a far cry from its ATH of $3.70 that everyone’s favorite remittance token recorded in January 2018.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
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