XRP Breaks Free With Double-Digit Gains — Flips USDT in Market Shake-Up
2025-07-11 16:58:06
Main Idea
XRP's price surged by 20% in a day, breaking out of a stagnant range and becoming the third-largest cryptocurrency by market cap.
Key Points
1. XRP's price was stagnant for about a month, fluctuating between $2.2 and $2.6.
2. Analysts warned that traders might miss the breakout, which recently occurred with a 20% surge in a day.
3. XRP's price approached $3 but settled just under $2.8, still up over 12% from the previous day.
4. XRP's market cap exceeded $160 billion, making it the third-largest cryptocurrency.
5. The XRP community celebrated the price surge, with some making bullish predictions.
Description
TL;DR The consolidation phase for many altcoins, including XRP, seems to be over, and Ripple’s native token is on the run again toward $3. On its way up, it managed to surpass USDT in terms of market cap and is now back in the third spot after months of hiatus. XRPUSD. Source: TradingView The graph above clearly demonstrates the price stagnation XRP had to endure for the past month or so. Its upper boundary was at around $2.6, while it also tested the lower one at $1.9 during the darkest hours o...
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