The crypto market has experienced multiple ups and downs lately. However, it has been only ups off late. XRP, Ethereum [ETH], Polkadot [DOT], and a few other assets weren’t making the most of the ongoing bull cycle. Nevertheless, the above-mentioned altcoins were seen recovering from the recent crash.

Bitcoin [BTC] had finally broken major lines of resistance and hit $45K. While several speculate that the asset might be making its way onto $50K, a few others suggest that this was nothing but a temporary surge. Yet, the king coin sprung up by over 18.49% over the last seven days.

Similar to all the other coins, XRP went on to bag a few gains over the last couple of days. The altcoin, during the time of writing, was trading for $0.855 with a 4.47% surge over the last 24-hours. Just like Bitcoin, XRP went on to make profits worth 19.35% throughout the previous few days.

Dogecoin [DOGE] was well settled in the sixth position. However, XRP seems to have kicked the meme coin out and occupied this rank. At press time, the altcoin’s market cap was at $38.82 billion. The altcoin still had a long way to go before taking over Cardano [ADA] in the fifth position.

The one-day price chart of the altcoin noted that the chances of it hitting $1 were radiant. The Chaikin Money Flow [CMF] indicator remained in the bullish arena over the zero median. The CMF marker was so high up the zero median which further indicated a strong bullish notion. The MACD indicator followed suit and went on to form a bullish crossover. The MACD line had taken over the signal line back in July itself and the trend seemed to have persisted.

Additionally, the Relative Strength Index [RSI] indicator suggested that XRP was being overbought. Since the RSI marker was way over the 75 median, it was concluded that the buying activity in the market was extremely high.