XRP Becomes the Best Performing Cryptocurrency in the Top 100 List, Surpassing $0.63

Ripple's XRP is currently the best-performing cryptocurrency in the top 100 list, witnessing a 5% hourly price increase and surpassing $0.63.

Ripple’s XRP is currently the best-performing cryptocurrency in the top 100 list, witnessing a 5% hourly price increase and surpassing $0.63.

The XRP token has shown remarkable resilience during the recent crypto market downturn, which began with Bitcoin (BTC) dropping from almost $70,000 on July 29 to approximately $66,500 as of the moment of writing these lines, whereas Solana and other well-known altcoins have performed even worse.

Bollinger Bands are used to assess the volatility of a token’s price movements. When the bands are tight, it hints that the token has experienced low volatility for a prolonged time and might be gearing up for a massive swing in any direction.

XRP’s price uptick coincides with the asset’s rising trading volume. The figure has reached almost $1.7 billion in the past 24 hours, outperforming Binance Coin (BNB), whose daily trading volume is below $1 billion, and Dogecoin (DOGE), which has recorded approximately $790 million.

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