XRP climbs to $0.53 in market’s best weekly performance

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Ripple has seen its highest daily increase in months, and this has parked reactions from some other key metrics.

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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