Ripple (XRPUSD) stalls after dynamic rise since yesterday

Whilst Bitcoin has of course grabbed the cryptocurrency limelight as usual, it has not actually been the best performer since this time yesterday morning. The Yellow Jersey could easily belong to Ripple. Granted that is because it fell back first, but there is no denying the highly impressive, near 35% rise over the past 24hours. Yesterday, Ripple had extended its downside break below 0.4860 and fallen to as low as 0.4379 during the Asian session. However once levels above 0.4860 were recaptured the leading Alt coin did not look back. That rebound has been really impressive and taken the price to as high as 0.5827 earlier this morning. That is a gain of almost 35% from the low t the high. Perhaps it is therefore no surprise to see it drop back a little now this morning. XRPUSD is currently trading at 0.5590