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XRP leads majors with 8% weekly outperformance, what next after breakout

CoinDesk
XRP has outperformed major cryptocurrencies with an 8% weekly gain, though traders remain cautious as it struggles to break key resistance levels.

Summary

XRP is currently showing signs of strength, posting an 8% weekly gain and outpacing Bitcoin and Ether. While technical indicators like higher lows and a move above the 200-day EMA are encouraging, the asset is struggling to clear the $1.44 resistance level. Analysts note that while the current price action suggests early accumulation or a potential long-term breakout, the lack of significant volume indicates that the asset may remain within a consolidation range for the time being.

(Source:CoinDesk)