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XRP Surges 12% To Highest Level Since Mid-November

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XRP Surges 12% To Highest Level Since Mid-November | 3verseTV
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XRP rallied sharply on Monday, jumping over 12% to reach its highest level since mid-November, as the broader crypto market showed signs of recovery. According to market data, the token rose to around $2.40, supported by strong trading volumes and key technical breakouts.

Analysts said XRP broke out of a falling wedge pattern and held above its 50-day moving average. The rally was further fueled by aggressive short liquidations and rising inflows into spot XRP exchange-traded funds, boosting investor risk appetite.

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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