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XRP surpasses $1 for the first time since 2018: What’s behind the new rally? – FXStreet

The price of XRP has surpassed $1 on April 6 for the first time since March 2018, putting its market valuation at around $47 billion. Moreover, the fo

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The price of XRP has surpassed $1 on April 6 for the first time since March 2018, putting its market valuation at around $47 billion.
Moreover, the fourth-largest cryptocurrency in the global market has broken out against the Bitcoin (BTC) pair, causing it to see significant technical momentum. 
XRP/BTC 1-month price chart (Bitstamp). Source: TradingView.com
When XRP was hovering at around $0.75, cryptocurrency traders noted that XRP’s market structure was bullish.
Cantering Clark, a cryptocurrency…

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