XRP continues a seven day positive streak and is up $0.004 to $0.465

After closing at $0.46 today, Ripple began today at $0.46 with significant bullish sentiment driving Ripple's price action higher. So far today, price action has drawn out a distinct $0.459 to $0.474 range.

Bollinger Band® analysis indicates that current price action is approaching the upper band at $0.479, thereby suggesting that Ripple is becoming overvalued. Despite this, XRP broke through the $0.472 resistance and climbed above it 1 cents; next resistance level is at $0.485.

Despite basking in an uptrend and bullish intraday sentiment, chart analysis indicates Ripple is set for a reversal in the coming days.

Other markets are also showing gains as FTX Token is up 9.54%. Having closed the previous session at $90.44, Litecoin is up 1.59% today to currently trade at around $91.88.

At the same time, UNICORN Token USD closed at $6.43 (down 2.98%).

Ripple reached a significant high of $0.543 around a month ago but has lost 15.18% since then. XRP has a market cap of 24 billion with an average daily volume of 881.74 million.