The crypto markets have been able to maintain their upwards momentum today as they head towards the weekend, and many major cryptocurrencies have surged 2% or more. Ripple (XRP) has led the way today, surging nearly 10%.<\/p>\n
Today\u2019s surge came about after Ripple<\/a> (XRP) hit its weekly support level, and analysts expect the crypto to see further gains in the near future as the markets continue to climb.<\/p>\n At the time of writing, Ripple is trading up just under 10% at its current price<\/a> of $0.364. Over the past 24-hours, XRP recovered from lows of $0.33, which now appears to have become a support level.<\/p>\n While looking at the cryptocurrency over a one-week trading period, it has climbed significantly, surging from lows of $0.30 towards its current price levels. During the recent market surge that was sparked by Bitcoin\u2019s climb to above $5,000, XRP lagged behind its peers, but it was able to make up for this by climbing today.<\/p>\n Mati Greenspan, the senior market analyst at eToro, spoke about XRP\u2019s price action in a recent email, noting that today\u2019s surge was first sparked as the Asian trading session began to kick into gear.<\/p>\n \u201cSince altseason began, many clients have been asking me about the lack of participation from XRP. Indeed, even though many altcoins had a turn to pump over the last few weeks, Ripple had been feeling kind of left out. Well, that seems to have changed this morning as XRP (blue line) has outperformed during the morning’s Asian session ramp,\u201d Greenspan explained.<\/p><\/blockquote>\n XRP\u2019s price jump today may be partially due to it finding buying pressure at its weekly support level.<\/p>\n The Cryptomist, a popular cryptocurrency analyst on Twitter, shared her thoughts on XRP in a recent tweet, explaining that she expects the crypto to continue holding above its ascending weekly support level, so long as Bitcoin remains stable.<\/p>\n \u201c$XRP Respecting the strongly weekly support, as we currently bounced back within support! Added some upon the wick below. I do expect this to hold, unless btc does something drastic,\u201d she explained.<\/p><\/blockquote>\n $Xrp<\/a> <\/p>\n Respecting the strongly weekly support, as we currently bounced back within support! — The Cryptomist (@Thecryptomist) April 5, 2019<\/a><\/p><\/blockquote>\nRipple (XRP) Finds Support Around $0.33<\/strong><\/h2>\n
XRP Likely to Continue Surging After Holding Above Support<\/strong><\/h2>\n
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Added some upon the wick below. I do expect this to hold, unless btc does something drastic pic.twitter.com\/G4FcOm4ZRY<\/a><\/p>\n