When looking at the top cryptocurrency markets right now, it quickly becomes apparent the reliance on Bitcoin is still in place right now. While this poses no problems for most markets, it also seems the current gains are not that spectacular by any means. As far as the XRP price is concerned, not much is happening right now. While there is no reason to panic just yet, it seems unlikely the price will go much higher in the very near future.
XRP Price Momentum Might Stall Quickly
Although it would appear the XRP value has only just begun to climb out of its hole again, there is a chance the momentum will stall or turn around pretty quickly. As is usually the case in the cryptocurrency, token, and digital asset world, there is a good chance the uptrend will fall apart pretty quickly. For XRP, the current gains – as small as they are – are still in place, but it seems unlikely the momentum will push the price much higher in the near future.
To put this in perspective, the XRP price has still gained 0.55% in USD value,…