XRP

XRP is at the center of a significant market rally, performing strongly in an ongoing upward trend. Its price has soared 31% over the past week and 271% in November, making it one of the biggest winners from the ongoing post-election rally.

Following its recent recovery, XRP has surpassed Binance Coin (BNB) to become the fifth largest crypto asset. Amid the uptrend, XRP broke the $1.63 pressure and is currently testing $1.95.

The current test of this price is particularly critical. XRP rose by 271% in November this year, which is similar to the 284% increase in March 2017. It was under such data that the bull market of 2017/2018 began. If XRP successfully closes this week Above $1.95, this could open the door for a push towards $2.5 next week.

However, the market is unpredictable and as investors we must remain cautious. In particular, XRP’s weekly RSI surged to 88, indicating overbought conditions.