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 | 87.2% | 21 | $20 345.66 | 0.68% | 4.63% | $390 038 684 495 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 65.6% | 78 | $1 374.40 | 1.37% | 2.72% | $168 598 361 729 |  |
|
| 3 |  USDT |
Tether predictions | 94% | 1 | $1.000121 | -0.01% | 0.01% | $68 220 841 049 |  |
|
| 4 |  BNB |
Binance Coin predictions | 82.8% | 21 | $296.73 | 0.69% | 4.71% | $47 874 262 742 |  |
|
| 5 |  USDC |
USD Coin predictions | 92.8% | 1 | $0.999979 | 0% | 0% | $46 433 140 192 |  |
|
| 6 |  XRP |
XRP predictions | 61.6% | 85 | $0.495963 | 4.48% | 12.27% | $24 728 013 610 |  |
|
| 7 |  BUSD |
Binance USD predictions | 91.2% | 1 | $1.000423 | 0.08% | 0.06% | $21 051 132 248 |  |
|
| 8 |  ADA |
Cardano predictions | 74.8% | 42 | $0.435548 | 0.53% | 0.07% | $14 921 259 274 |  |
|
| 9 |  SOL |
Solana predictions | 86.8% | 21 | $34.35 | 0.55% | 2.13% | $12 202 401 025 |  |
|
| 10 |  STETH |
Lido stETH predictions | 94.8% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 11 |  DOGE |
Dogecoin predictions | 83.2% | 21 | $0.065040 | 0.21% | 7.22% | $8 628 855 287 |  |
|
| 12 |  MATIC |
Polygon predictions | 72% | 56 | $0.849285 | 1.08% | 13.76% | $7 417 926 072 |  |
|
| 13 |  DOT |
Polkadot predictions | 70% | 59 | $6.51 | 0.99% | 1.37% | $7 310 822 407 |  |
|
| 14 |  DAI |
Dai predictions | 94.4% | 1 | $1.000258 | 0.05% | 0.05% | $6 791 926 054 |  |
|
| 15 |  WTRX |
Wrapped TRON predictions | 91.2% | 5 | $0.062654 | 0.54% | 4.96% | $6 370 364 994 |  |
