Green was the color of the crypto market. Bitcoin [BTC], XRP, Ethereum [ETH], Solana [SOL], and every other asset had the bulls in its market. However, Binance Coin [BNB] and Dogecoin [DOGE] were still sulking with the bear.
Bitcoin [BTC] was extremely close to its all-time high. BTC, at press time, was trading for $63,866. The asset grew by 16.45% over the previous seven days. The market cap of the world’s largest cryptocurrency continues to surge beyond $1.1 trillion. The overall market cap was at $2.53 trillion.
XRP has been in the news almost all the time following the ongoing Ripple vs. SEC case. While this previously impacted the price of the altcoin, it didn’t seem to be much of a problem now. XRP continues to thrive after moving over $1. At the time of writing, the altcoin was trading for $1.11 with a 1.65% surge over the last 24-hours. The previous seven days brought no big changes to the asset’s market.
The market cap of altcoin was at $51.8 billion. Despite enduring all the trouble put forth by the SEC, the altcoin managed to stay in the top 10. Solana [SOL] would clearly take much longer to overpower XRP.
XRP one-hour price chart on Binance
The altcoin’s one-hour price chart on Binance had the bulls taking a nap in its market. The Bollinger Bands indicator suggested that volatility could be on the higher side in the XRP market. The Awesome Oscillator indicator witnessed no bearish signs as only green bars were noted on the chart.
All of these signs could suggest that XRP could transcend to a higher level.
Additionally, the Relative Strength Index [RSI] indicator revealed that the altcoin was being excessively bought. The RSI marker remained over the 50 median and the marker even surged to the overbought zone.