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 | 84% | 21 | $54 370.47 | 1.05% | -7.09% | $1 073 882 590 093 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 80.8% | 33 | $2 283.51 | 2.03% | -8.24% | $274 755 248 142 |  |
|
| 3 |  USDT |
Tether predictions | 91.6% | 1 | $0.999762 | 0% | -0.01% | $118 167 200 918 |  |
|
| 4 |  BNB |
Binance Coin predictions | 79.2% | 35 | $495.91 | 2.03% | -5.84% | $72 370 988 937 |  |
|
| 5 |  SOL |
Solana predictions | 76.4% | 47 | $128.12 | 2.33% | -4.46% | $59 897 419 238 |  |
|
| 6 |  USDC |
USD Coin predictions | 96% | 1 | $0.999886 | -0.02% | -0.01% | $34 951 567 854 |  |
|
| 7 |  XRP |
XRP predictions | 81.6% | 31 | $0.528018 | 1.13% | -5.85% | $29 742 905 756 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 85.2% | 29 | $0.096112 | 4.39% | -4.24% | $14 019 443 426 |  |
|
| 9 |  TRX |
TRON predictions | 68.4% | 68 | $0.152433 | 2.27% | -2.31% | $13 220 631 188 |  |
|
| 10 |  TON |
Toncoin predictions | 60.4% | 84 | $4.69 | 1.39% | -13.11% | $11 883 334 971 |  |
|
| 11 |  ADA |
Cardano predictions | 81.6% | 37 | $0.329995 | 3.54% | -4.19% | $11 866 845 127 |  |
|
| 12 |  STETH |
Lido stETH predictions | 90.8% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 13 |  WTRX |
Wrapped TRON predictions | 94.8% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 |  |
|
| 14 |  WBTC |
Wrapped Bitcoin predictions | 93.2% | 1 | $65 806.83 | 0.78% | -2.68% | $10 083 957 608 |  |
|
| 15 |  AVAX |
Avalanche predictions | 76% | 52 | $22.33 | 5.12% | -0.63% | $9 049 999 262 |  |
