XRP exceeds USDT. It becomes the third largest encrypted currency

XRP has recently witnessed an impressive height, stirring Altcoin Usdt to demand the third largest encrypted coin in the world. With the maximum Altcoin market reached $ 154 billion, XRP is now in half of Ethereum.

However, despite the bullish feelings, the upward trend lacks sufficient power, and altcoin is now approaching the excessive circumstances in its arrest. If the momentum rises, XRP can repeat the strong price that was seen again in 2024.

The XRP market signals have not yet gained strength

XRP relativity index (RsiHe currently sits at 69.23, slightly less than the critical 70.0 threshold that indicates excessive conditions. Historically, when the assets enter the peak area, the price is often seen as the momentum. However, in November 2024, XRP model mode By continuing her upscale gathering despite reaching similar conditions in peak.

This puts a scenario where XRP can repeat the date if the momentum continues to build. The price did not test a reflection in November 2024, instead, it has a sharp way despite reaching peak lands.

to XRP to repeat Its performance 2024, the current upward trend must combine more strength. The average trend index (ADX) currently sits a little less than the 25.0 threshold, which is very important to confirm the strength of the upward trend. If ADX from XRP crosses this threshold, it will indicate that the bullish momentum acquires strength and can maintain the current assembly.

In the past, when XRP saw a similar position in November 2024, ADX also showed that the momentum was getting more. This XRP force allowed the penetration of resistance and pushing up, even when the original was considered to be arrested. Therefore, ADX can play a major role in determining whether XRP can repeat its previous success.

The price of XRP can reach $ 3

XRP is currently Trading at $ 2.58, after increasing 21 % during the past week. Altcoin managed to violate the resistance level of $ 2.56, but it has not yet been valued as support. If this level continues, XRP can continue to climb.

With $ 3.00 now on hand, XRP aims to break the next barrier at $ 2.95. If XRP is able to violate this level, the payment will be about $ 3.00, which repeats the history of the strong price movements that were previously seen. However, without enough strength in the upward trend, XRP can return to the peak purchase conditions, which leads to a price reflection.

In the event of a contraction, XRP can face Less than $ 2.56, which led to a possible decrease to $ 2.27. In the event of this, it will nullify the current upscale thesis, indicating a possible end to the assembly. The market’s ability to maintain strength in the short term will be very important in determining the XRP price track.