experienced one of its most stable periods over the past few weeks, culminating in a strong performance that positioned it among the top gainers for the week.
As of this writing, XRP holds the position of the seventh-largest cryptocurrency with a market capitalization of over $29 billion, which has increased by over 3% in the last 24 hours. However, the cryptocurrency quickly rebounded, registering a 2.7% increase the following day and continuing on an upward trajectory after that.
The RSI nearing 70 also suggests that XRP might be entering an oversold zone, typically a cautionary signal for potential buyers.
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