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XRP Explodes 100% to $0.92 on Coinbase Amid Intense Illiquidity

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It appears we’re in the part of the crypto bull run where prices diverge dramatically on top exchanges. XRP has seen intense price volatility over the past 24 hours as the

Chart of XRP's price action from TradingView.com
Related Reading: Here’s Why Ethereum’s DeFi Market May Be Near A Bottom

XRP Back in Vogue?

Extremely volatility aside, analysts are trying to consider whether or not XRP is back in vogue for the medium to long term.

The jury is still out on that question as the market tries to grapple with this immense volatility, which has seemingly had an effect on Bitcoin, Ethereum, and other top cryptocurrencies.

Some are confident that XRP moves higher solely due to the fact that Bitcoin’s dominance has begun to seriously slip over the past few days.

After peaking near 68%, the BTC dominance has begun to crash, resulting in rallies in altcoins like XRP. There are signs that this 3 Bitcoin On-Chain Trends Show a Macro Bull Market Is Brewing

Featured Image from Shutterstock
Price tags: xrpusd, xrpbtc
Charts from TradingView.com
XRP Explodes 100% to $0.92 on Coinbase Amid Intense Illiquidity

Source: https://www.newsbtc.com/analysis/xrp/xrp-explodes-100-to-0-92-on-coinbase-amid-intense-illiquidity/

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