Why is XRP price up today?
XRP’s rally today could be short-lived, as a bearish reversal pattern hints at a potential 20%-plus correction ahead.
XRP (XRP) price is up today, with its gains coinciding with Ripple’s donation to US president-elect Donald Trump’s inaugural committee and amongst other events.
XRP’s price jumped by over 20% in the last 24 hours to reach $2.36 on Dec. 21. The price rally came after crypto exchanges Coinbase and Kraken reportedly donated $1 million to Trump’s inaugural committee.
XRP/USD four-hour price chart. Source: TradingView
