XRP surged by 30% last week, outperforming most significant cryptocurrencies during a volatile market phase.
The rally was fueled by $160 million in exchange net outflows, indicating strong buyer demand.
Analyst RizeSenpai compared XRP’s current price pattern to Bitcoin’s historical breakout from 2015 to 2017.
XRP price surged by 30%, outperforming much of the broader crypto market during a volatile week. However, momentum has begun to slow as fresh inflows to exchanges signal possible short-term profit-taking.