Ripple (XRP) price continues its upward trajectory, trading at $2.40 on Monday, fuelled by a widespread bullish surge spearheaded by Bitcoin (BTC) breaking past the $100,000 mark last week. Multiple buy signals suggest that XRP can potentially extend the rally, targeting $3.00 in the coming days.
Bitcoin (BTC) price is stabilizing at around $104,000 on Monday after rallying by 10.44% last week. Ethereum (ETH) and Ripple (XRP) followed BTC’s lead and soared 39% and nearly 10% in the previous week.
Ethereum (ETH) is up 6% on Friday, extending its weekly gains to 29% after nearly two weeks of consolidation near $1,800. The recent rally stems from increased buying pressure from investors on the spot market following a sharp plunge in ETH’s exchange reserve.