XRP Hits Two-Month Price High in Wake of Ether Rally
XRP, the cryptocurrency used in Ripple Labs’ payments network, is rallying on the coattails of altcoin leader ether (ETH, +1.15%)‘s recent move to record highs. XRP rose to $0.72 early Monday to hit the highest level since Feb. 2 and was last seen changing hands near $0.70. The third-largest cryptocurrency by market value has gained 18% in the past 24 hours, according to CoinDesk 20 data.
The price rise comes three days after the Ethereum blockchain’s ether token set new lifetime highs near $2,100. Since then, the second-largest coin has established a foothold above $2,000, helping XRP and few other alternative cryptocurrencies such as tron (TRX, +20.47%), stellar (XLM, +17.28%), orchid (OXT, +23.37%), bitcoin cash (BCH, +9.99%), and eos (+12.06%) score gains amid the dull action in bitcoin (BTC, +1.17%) – the crypto market leader.
“We’re not seeing anything specific to XRP and the move feels more like an altcoin season type move given outperformance in other tokens as well,” Joel Kruger, currency strategist at LMAX Digital, told CoinDesk. Names like TRON and siacoin (SC, +18.11%) “are performing even better than XRP on this more thinly traded Easter holiday Monday.”
With a move to two-month highs, XRP has now completely reversed losses suffered in December after the U.S. Securities and Exchange Commission (SEC) filed a case against Ripple for raising $1.3 billion by selling XRP in unregistered securities offerings. Ripple executives’ attorney James K Filan tweeted on Saturday that Ripple and the SEC have reached an agreement to keep the payment company’s two of the four private email correspondences from being scrutinized under the ongoing lawsuit. So far, analysts are not sure if that’s powering XRP higher.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 57.6% | 84 | $29 815.26 | 1.01% | -0.39% | $567 877 135 044 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 56.8% | 88 | $2 000.88 | 1.06% | -2.66% | $241 865 980 181 |  |
|
| 3 |  USDT |
Tether predictions | 91.2% | 1 | $0.998909 | 0.01% | -0.01% | $73 195 168 297 |  |
|
| 4 |  USDC |
USD Coin predictions | 92.4% | 1 | $1.000209 | -0.03% | 0.01% | $53 074 379 147 |  |
|
| 5 |  BNB |
Binance Coin predictions | 59.6% | 88 | $316.28 | 1.60% | 6.46% | $51 641 959 049 |  |
|
| 6 |  XRP |
XRP predictions | 60.4% | 89 | $0.416706 | 0.37% | -1.83% | $20 144 872 785 |  |
|
| 7 |  BUSD |
Binance USD predictions | 96% | 1 | $1.000981 | 0.08% | 0.01% | $18 535 892 542 |  |
|
| 8 |  ADA |
Cardano predictions | 59.2% | 91 | $0.534887 | -0.11% | -1.96% | $18 046 551 403 |  |
|
| 9 |  SOL |
Solana predictions | 58.8% | 88 | $51.78 | 2.12% | -1.78% | $17 567 814 140 |  |
|
| 10 |  DOGE |
Dogecoin predictions | 56.8% | 92 | $0.085246 | 0.16% | -3.86% | $11 309 686 383 |  |
|
| 11 |  DOT |
Polkadot predictions | 56.4% | 87 | $10.07 | 1.95% | -6.03% | $9 947 461 943 |  |
|
| 12 |  AVAX |
Avalanche predictions | 59.6% | 90 | $31.50 | 5.22% | -8.25% | $8 476 885 368 |  |
|
| 13 |  WBTC |
Wrapped Bitcoin predictions | 57.6% | 84 | $29 803.20 | 1.19% | -0.35% | $8 243 652 197 |  |
|
| 14 |  TRX |
TRON predictions | 70.8% | 53 | $0.076135 | 1.95% | 11.63% | $7 366 247 062 |  |
|
| 15 |  DAI |
Dai predictions | 94% | 1 | $0.999947 | -0.11% | -0.03% | $6 528 397 233 |  |
