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  • The XRP daily average trading volume has more than doubled to around $4.2 billion amid the ongoing crypto bullish outlook, thus suggesting more gains ahead.
  • After several years of consolidation, the XRP price is on the verge of a parabolic rally with the SEC vs Ripple case about to end soon.

Amid the ongoing crypto bullish outlook led by the Bitcoin (BTC) spike to around the all-time high (ATH), Ripple-backed XRP is technically in the early stages of the macro bull rally. For the first time since 2021, the large-cap altcoin, with a fully diluted valuation of about $64 billion, closed above the weekly falling logarithmic trend. 

According to the latest market data, XRP price rallied more than 14 percent in the past seven days to trade above 64 cents on Tuesday. {overflow: hidden;background-color: rgb(58,92,245) !important;border-radius: 3px !important;padding: 30px !important;--background-color: rgb(58,92,245)!important;--tve-applied-background-color: rgb(58,92,245)!important;}:not(#tve) [data-css="tve-u-185a09262cd"]{font-family: Lato;font-weight: 400;color: rgb(255,255,255) !important;font-size: 53px !important;text-transform: none !important;}[data-css="tve-u-185a09262d0"]{margin: 40px 0px 0px !important;background-image: none !important;--background-image: none!important;--tve-applied-background-image: none!important;padding-bottom: 0px !important;}:not(#tve) [data-css="tve-u-185a09262d1"] input,:not(#tve) [data-css="tve-u-185a09262d1"] textarea,:not(#tve) [data-css="tve-u-185a09262d1"] ::placeholder{font-size: var(--tve-font-size,33px);text-align: center;}[data-css="tve-u-185a09262d1"]{--tve-font-size: 33px;}[data-css="tve-u-185a09262d2"]{--tcb-local-color-cf6ff: var(--tcb-color-0)!important;--tcb-local-color-73c8d: rgb(225,120,45)!important;min-width: 100%;}:not(#tve) [data-css="tve-u-185a09262d2"]:hover .tcb-button-link{background-color: var(--tcb-local-color-73c8d)!important;}[data-css="tve-u-185a09262d2"] .tcb-button-link{background-color: var(--tcb-local-color-cf6ff)!important;letter-spacing: 2px;border-radius: 5px;padding: 18px 30px;}[data-css="tve-u-185a09262d2"] .tcb-button-link span{color: rgb(255,255,255);--tcb-applied-color: #fff;}:not(#tve) [data-css="tve-u-185a09262d2"] .tcb-button-link{line-height: 1.2em;font-size: 32px;}:not(#tve) [data-css="tve-u-185a09262d4"]{font-size: 21px !important;color: rgb(146,136,136) !important;--tcb-applied-color: rgb(146,136,136)!important;--tve-applied-color: rgb(146,136,136)!important;}[data-css="tve-u-185a09262d5"]{color: rgb(255,255,255) !important;}[data-css="tve-u-185a0960607"]{margin-bottom: -45px !important;}}@media (max-width: 1023px){[data-css="tve-u-185a0960607"]{margin-bottom: -45px !important;padding-bottom: 0px !important;}}@media (max-width: 767px){:not(#tve) [data-css="tve-u-185a09262cd"]{font-size: 30px !important;}[data-css="tve-u-185a09262d0"]{margin-top: 16px !important;}}

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