XRP Surges 30% Higher—and Analysts Think There’s Upside to Come

XRP Surges 30% Higher—and Analysts Think There’s Upside to Come

News

XRP has surged dramatically higher in the past day. The Coin

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that has almost continually been bleeding out since the 2018 highs, has gained 30% in a single day.

As of this article’s writing, the Coin

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’s favor.

Related Reading: Here’s Why Ethereum’s DeFi Market May Be Near A Bottom

XRP Has Room to Move Higher

Analysts think the cryptocurrency could move even higher in the hours and days ahead.

Joe McCann, an engineer at Microsoft and a prominent crypto-asset analyst, recently shared to his Telegram channel that XRP just confirmed a bullish MACD crossover. The MACD, or Moving Average Convergence Divergence, is a popular technical indicator that attempts to show an asset’s trend.

He thinks this is a sign the