#XRPBackInTop3 XRP Looks Set to Surge to a Fresh All-Time High
The XRP chart looks promising after this 3-day winning streak as market participants once again showed up to buy the token once it hit the $1.95 support.
This third touch of a price level affirms its importance and constitutes a powerful buy signal as a clear floor has been set for the asset.
Meanwhile, the Relative Strength Index (RSI) has moved above the signal line, which is also typically interpreted as a buy signal. Trading volumes are spiking today following a huge day for XRP that ended with gains of 12%.
These positive developments are all pointing to what could be the beginning of a new bullish cycle that may end up propelling the price of this cryptocurrency to and above the $3 mark shortly.
XRP has already gained 10.7% in the past 10 days and has produced a positive 15.8% return since the start of the year.
As legislative changes, rotation toward alt-coins, and other positive catalysts continue to unfold, XRP looks set to break through its latest all-time high in the near term.
This Meme Coin Presale Has Raised Nearly $40M from Investors in Just a Few Weeks
Pepe the Frog meme coins have experienced tremendous upside lately as this popular character has become an important part of internet culture.
Just looking at the performance of the OG crypto Pepe ($PEPE) last year, which has delivered gains of 1,400% to investors in the past year, is enough to understand the huge potential that these meme coins have to produce meaningful returns.
The most important characteristic of meme coin projects is their ability to build loyal fan bases and robust communities that are committed to holding on to the digital asset despite how market conditions change and evolve over time.
In the case of Wall Street Pepe ($PEPE), the developing team is focusing on building a community of traders with which they will share attractive trading opportunities that were previously accessible to deep-pocketed investors only – a.k.a. the whales.