XRP price soars 50% in one week to new yearly high — Watch these levels next By Cointelegraph

XRP price soars 50% in one week to new yearly high — Watch these levels next

Cryptocurrency Nov 21, 2020 01:00PM ET

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XRP price soars 50% in one week to new yearly high — Watch these levels next

Bitcoin (BTC) has been taking the spotlight in recent months, but altcoins have started to finally follow the number one cryptocurrency. Several large caps have been making double digits runs in the previous days, resulting in a mini altseason.

Not only has Ether (ETH) soared above $500, but Litecoin (LTC) also gained 40% in the previous week. However, XRP (XRP) is currently taking the spotlight with a daily rally of more than 20% and a new yearly high after gaining more than 50% in the past week.

XRP/USD 5-day chart. Source: TradingView

XRP/USDT 1-day chart. Source: TradingView

Bitcoin dominance 4-day chart. Source: TradingView

XRP/BTC 4-day chart. Source: TradingView

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XRP price soars 50% in one week to new yearly high — Watch these levels next

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