XRP Price Explodes 30% in Sudden Altcoin Rally With Cardano and Stellar Among Biggest Gainers

XRP, Cardano (ADA) and Stellar (XLM) are shaking the crypto markets and leading a sudden altcoin rally.

In the past 24 hours, XRP has increased 30%. At the time of writing, the digital asset is valued at $ 0.39, according to CoinMarketCap.

Cardano’s price is up 14% to $ 0.12. Stellar is also up 14% and is currently valued at $ 0.09.

Analyst Scott Melker believes Cardano has more room to run and seems to be on its way to $ 0.15.

“The 10-fold leverage (since today’s newsletter) has currently increased by 74%. Just really break out and look for a retest of the ascending triangle to improve the position. What a day.”

Source: Scott Melker / Twitter

The pseudonymous analyst Credible Crypto says XRP also has more upside, but Precautions That could change if Bitcoin (BTC) reverses course.

Bitcoin is still in the middle of a historic bull run, up 2.68% to $ 18,669 in the past 24 hours.

Selected image: Shutterstock / Kunstofen