XRP Rises while other Cryptocurrencies Fall

September 23, 2022

One side where Crypto markets are slowing, for the most part, Ripple (XRP) seems to be an exception as it has seen significant price gains recently.

Reason for this could be because of the final verdict and closure of the SEC Vs Ripple case in the coming days.

In support of this theory, key technical indicators point to a bullish pattern, hence another upside potential.

There was a lot of buying activity in XRP last week, with the price up 63% over the period.

Over the past week, XRP's trading volume has increased by $7 billion, adding to last week’s level of $20 billion.

David Gokhshtein, a host of a cryptocurrency-related podcast, said people seem to believe that the case will end in Ripple's favour because of the surge in transactions.

Crypto Vinco, who claims to be a crypto whale on Twitter, said Ripple (XRP) is occupying the market strength from Bitcoin and Ethereum.