Ripple’s XRP Price Action – XRP Outperforms Top Cryptocurrencies as Doji Candle forms on Weekly

XRP has outperformed the majority of other top cryptocurrencies over the past week.Data from Messari show price depreciating just 3% over the past seven days, outperformed only by litecoin which is recording only a 0.94% decrease.However, it outperformed on its mid-week recovery by overcoming several resistance points before finally meeting resistance at $0.335.Overall market conditions seem bearish with many top cryptocurrencies likely setting up for another bearish drop after the bearish start to the week.This can be seen by cryptocurrencies such as Tron forming lower lows and lower highs and others failing to recover from the losses at the start of the week as prices rose.XRP was one of the few cryptocurrencies which managed to recover from its initial losses.XRP is one of the few cryptocurrencies to recover from the initial losses at the start of the week and is currently forming a Doji on the weekly.


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