XRP price surges 500% since November, showing bullish divergence against Bitcoin.
From Investing.com
January 20, 2025 3:00:24 pm:
XRP cryptocurrency gains attention due to recent price action, showing bullish divergence against Bitcoin on Relative Strength Indicator. Signal indicates potential upward move or trend strengthening. XRP has surged nearly 500% since November, climbing 260% against BTC. Also, strong against USD and stablecoins, with more than 10% surge in one day.
Despite recent growth, XRP has yet to reach peak value against Bitcoin from May 2017, sitting 700% higher. Market confidence in XRP’s trajectory evident through bounce back and continued growth. Traders interpret bullish signals as part of larger narrative, showcasing strength compared to other cryptocurrencies.
Read more at Investing.com: XRP Price Soars Amid Bullish Divergence Versus Bitcoin (BTC) By U.Today
