Once again it is Ripple that grabs the limelight

Whilst many will doubtless be focusing on the record currently being set for Bitcoin and Ethereum, let us not forget the one coin that has been the star of the show over the past week or so, with gains far outstripping its two major peers. That is XRPUSD, which has gained more than 200% since April 4. The price was already charging significantly higher yesterday, when it rose above $1.50. It later extended that stellar gains into the wider US market close as it pushed above $1.85. It has risen even more today, reaching 1.9650 not that long ago. The update sent out here yesterday reminded readers that this one still has a lot left in the tank, bearing in mind it is still some way below its all time highs at $3.40. However, it is also worth noting that following that meteoric rise over the past 10 days the RSI (relative strength index) is now critically overbought. The 14 Day RSI is right now close to 92. So, whilst the trend is clear, the coin is at risk of a technical reversal too. XRPUSD is currently trading at $1.9160