XRP/USD jumps 5.4% in 24 hours to post the best returns among the top 10 coins, even as traders eye a revisit to $0.35
XRP has gained momentum, rising more than 6% over the past 24 hours to reach a high of $0.313 after spending much of the last few weeks stuck between $0.29 and $0.30.
The recent spike in the XRP/USD price coincides with a broader crypto market uptick that lifted total market capitalization to about $380 billion—the highest level since June 2019.
XRP has quietly moved above the $0.30 resistance level and is now testing a zone that could become the next major support base before the price attempts a new multi-month high.
If XRP establishes a new local high alongside gains across the broader market, bulls will likely target a stronger weekly close and build momentum toward the $0.35–$0.50 range.
Ethereum and Litecoin also gain
Ethereum, Litecoin and Bitcoin Cash are trading marginally higher today. Ethereum, which has seen network fees spike amid heightened activity in decentralized finance (DeFi), followed Bitcoin’s recent rally and cleared resistance around $430 yesterday.
Since the intraday highs near $440, selling pressure has nudged Ethereum lower, with the price trading around $428 at the time of writing.
Despite short-term volatility, investor sentiment around Ethereum remains bullish due to the expanding DeFi ecosystem. More than $6 billion is currently locked in decentralized finance protocols, up from roughly $4.3 billion a month earlier.
Litecoin led the top-10 altcoins yesterday and continues to print higher intraday lows today as new support above $65 confirms a bullish flip.
Litecoin’s momentum could receive an additional lift from planned privacy-focused features currently in development. Litecoin’s creator, Charlie Lee, has also highlighted that SegWit usage now accounts for over 80% of network transactions, underscoring improved protocol adoption and capacity.