Saad Ullah
While the broader crypto market is flashing red, one altcoin is defying the trend. XRP (XRP) is making an independent move upward, grabbing trader attention as it outpaces top tokens like Bitcoin (BTC) and Ethereum (ETH). This divergence could be signaling renewed investor confidence in XRP's fundamentals and its near-term trajectory.
XRP Defies Market Trend with Green Momentum
Ripple’s native token is showing bullish divergence from the broader market. While major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) registered declines over the past 24 hours, XRP (XRP) gained 2.11%, trading at $2.268.
Bitcoin (BTC) dipped slightly by 0.17%, holding near $107,971.02, while Ethereum (ETH) fell 0.49% to $2,508.72. Solana (SOL) also dropped by 0.72%, now at $146.97. In contrast, XRP's rally has pushed its market cap to $133.74 billion, securing the fourth spot among the top cryptos by valuation.
Traders Watch XRP’s Decoupling from Broader Market
XRP’s recent breakout comes as a surprise to many traders amid a sluggish market environment.
Whether this move marks the beginning of a longer-term uptrend or is just a temporary spike remains to be seen. However, with XRP showing resilience above the $2.20 level, investors are watching closely for continued strength or a potential pullback.
Saad Ullah
