Home / Ethereum / The XRP maintains position 2 amid a bullish rebound in the market

The XRP maintains position 2 amid a bullish rebound in the market



Cryptographic space seems to be growing rapidly and XRP as one of the best cryptos is gaining traction in terms of popularity and adoption. This does not mean that this market has not seen its crazy and beautiful days. The events of November 15th are still fresh in the memories of most market players. This is the day when bears have done real damage to the market.

About two weeks after the fateful civil war of the BCH took the cryptic market by surprise and launched it from a cliff, things are finally starting to look and XRP is leading the bullish charge.

Market Cap

An interesting fact about the recent bearish trend is that it seemed almost to favor XRP. While some cryptos like Ethereum have lost more than 50% of their previous value and sizable pieces of their market capitalization, XRP has held on, even though it has lost something. He also fought to maintain a significant market cap that eventually surpassed that of Ethereum.

Just a few days after the market crash, XRP was more than $ 4 billion ahead of Ethereum in the market capitalization. That's how the crypt ended up ripping Ethereum number two. Since then, Ethereum has been pushing behind XRP, and although the market has finally become bullish, the crypt still has to show no sign of recovering its position.

XRP price

Like most other cryptos, XRP has taken hold and joined the apparent race to the bull that marks the end of the war of happ BCH between BCH SV of Craig Wright and BCH ABC of Roger Ver and Jihan Wu. This last won the war and took the original BCH designation. The end of this incident means that the encryption prices are finally increasing.

Being a crypto top, XRP has already earned 14% to claim the $ 0.398 one-step $ 0.4 threshold. If the bulls persist in the charge, the crypt could return to $ 0.5 + in the next few hours or days. That is the course that had entered just before things went south on November 15thth.

Crypto Market Outlook

Overall, it seems that the market is doing well by gaining some strength after the recent attack by a vicious bear. At the time of writing this article, total market capitalization returned to $ 141 billion and continues to rise as some cryptos like XRP, Bitcoin, Ethereum, among others in the higher chart with double-digit percentages in price gains. Now that the bulls seem to gain ground, it is not known where the trend will end. Things could even heat up and turn into a big bull that runs in December.


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