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The XRP price surged 17% in the last 24 hours to trade at $3.58 as of 10:43 p.m. EST as investors rush to buy the crypto.
In the last 24 hours, XRP was also able to set a new all-time high (ATH) at $3.84. It has since retraced around 6% to trade at its current price.
This is the first new price record for the altcoin since the 2018 ICO boom that saw it rise to the previous ATH at $3.40.
XRP Price Breaches Resistance, Eyes Another

Daily chart for XRP/USD (Source: GeckoTerminal)
The XRP price broke through the resistance level at $3.2562 in the last 24 hours, according to data from GeckoTerminal. It then went on to establish a new barrier at $3.6910. Should the altcoin breach this second resistance, it could enter into a price discovery phase towards the upside and go on to set a new ATH.
However, a rejection from the $3.6910 barrier within the next 24 hours could result in a more bearish scenario playing out. In this alternative case, the XRP price might end up retesting the $3.2562 mark as support. A drop below this point due to extreme sell pressure could then lead to a correction all the way down to $2.8648.
Technicals Suggest The XRP Price Might Keep Climbing
From a technical perspective, indicators on the daily chart, such as the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI), point to a continuation of XRP’s bullish trend.
That’s as the MACD line continues to break away above the MACD Signal line. Traders usually see the current orientation of these two technical indicators and the growing gap between them as an indication of strengthening bullish momentum.
Meanwhile, RSI readings are in the high 80s. Although this warns the XRP price is overbought, it also shows there is a lot of buyer strength. It’s also not unusual for RSI values to remain high for sustained periods of time when a crypto is pumping. Given the recent ATH, this might be the case in this instance.
Overall, technicals on the XRP chart lean bullish. Traders will just want to keep an eye on the overextended conditions shown by the RSI. Some sell pressure has also entered the crypto’s charts, as evident by the wicks above the last two daily candles. This could result in a pullback if bulls are overwhelmed.
As the XRP price looks to enter into a price discovery phase, investors are piling into the presale for Best Wallet (BEST). Popular YouTuber and analyst Crypto Boy, who has over 61.5K subscribers, says the new altcoin is one of the best cryptos to buy now.
A Wallet That Offers Users A Range Of Features
Best Wallet entered the crypto market late last year, and is already making a name for itself given its range of features.
Through the app, users are able to manage and grow their holdings in thousands of cryptos across over 60 blockchains all from one app. Features include a native decentralized exchange (DEX), an in-app staking solution and much more.
Users can also import their wallets from across the Web3 ecosystem into the app, making portfolio management a breeze.
Security is top-notch as well. Not only is Best Wallet non-custodial, meaning users’ private keys aren’t stored on a centralized server, the app also comes with advanced biometrics scanning and 2 factor authentication.

A standout feature of Best Wallet is its “Upcoming Tokens” section that flags high potential cryptos that are still in their early stages. The app already flagged Catslap (SLAP) and Pepe Unchained (PEPU), cryptos that went on to print massive returns for early investors.
BEST token holders also unlock additional perks, such as lower transaction fees, higher staking rewards, early access to new projects, and the ability to participate in Best Wallet’s governance.
Best Wallet Presale Closes On $14 Million
Best Wallet has raised over $13.97 million in its ongoing presale so far, as investors bet big on the project’s future.
Interested investors can acquire BEST via the simple buy widget embedded on the project’s website. Selling for only $0.025345, the crypto can be purchased with either crypto or bank card. Alternatively, BEST can also be purchased directly through the Best Wallet app.
Once bought, the tokens can then be staked for a 98% APY.
Investors looking to secure the best presale deal will want to hurry, because BEST’s price increases as its ICO progresses. The next presale price hike is scheduled to take place in around 17 hours.
Visit the official Best Wallet website to learn more.
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