Ripple – 3 signals hint XRP could lead altcoins into Q3

Key Takeaways

XRP whales are stepping in. The XRP/ETH ratio has bounced 4% after a steep 20% weekly drop. Might Ripple be gearing as much as lead the following market rebound?

Ripple [XRP] is standing out in a bullish Q3 for altcoins. 

Its latest breakout pushed it near the 2018 cyclical excessive of $3.50, marking the primary check in seven years. Revenue-taking got here in sizzling, with realized good points hitting $1.6 billion, a six-month excessive. 

That triggered an 11% pullback, with XRP dipping under $2.90 and cracking $3 help twice because the peak. The primary breakdown got here when it failed to carry $3.15-$3.20, giving bears the sting.