XRP gains positive traction for a 4th successive day

After closing the previous trading day at $0.51, XRP is up to $0.526, which makes for a move of 3.08%/$0.016 today.

Investors are seeking long positions as Ripple price action surged above +100 — a key CCI threshold indicating an imminent bullish trend. Ripple has just crossed its upper Bollinger Band® at $0.45, suggesting further gains could be on the cards.

Overall, looking at the technical analysis landscape, it seems XRP might continue pointing upwards in the short term.

XRP shows positive signs, other assets are also on par: FTX Token leaps up 9.54% to trade around $1.36.

At the same time, Bitcoin Cash is trading around $123.02 (down $3.3). Dogecoin is down to $0.08, losing $0.002, after closing at $0.082 in the preceding trading session.

Ripple is currently trading with a market cap of 27.19 billion with an average daily volume of 1 billion.