XRP Price Watch: Surges 27% in a Week, Market Cap Overtakes Tether
2025-07-12 13:13:04
Main Idea
XRP's price surged 27.9% in a week, reaching $2.84 and overtaking Tether as the third-largest cryptocurrency by market cap, with technical indicators showing both bullish signals and potential overbought conditions.
Key Points
1. XRP's price surged to $2.84, a 27.9% weekly gain, with a market cap of $167 billion, surpassing Tether.
2. Trading volume in the past 24 hours was $14.24 billion, with an intraday price range of $2.61 to $2.91.
3. Technical indicators show bullish signals from moving averages but caution from overbought RSI (80.83) and other oscillators.
4. A breakout above $2.90 with volume could target $3.20-$3.40, while failure to hold $2.75 may lead to a pullback toward $2.50 or $2.20.
5. The 10-period EMA ($2.47572) and SMA ($2.40660) are below current prices, reinforcing the uptrend.
Description
XRP surged to $2.84, marking a 27.9% gain over the week, with its market capitalization climbing to $167 billion—placing it above Tether as the third-largest cryptocurrency. In the past 24 hours, XRP recorded a trading volume of $14.24 billion, with an intraday price range between $2.61 and $2.91. XRP In the 1-hour chart, XRP’s recent
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