XRP Price Prediction as Popular Trader Says XRP is About to Outperform Bitcoin – Time to Buy?

cryptonews.com:

The price of XRP has risen by 2% in the past 24 hours, with its ascent to $0.536380 coming as the cryptocurrency market as a whole dips by 1%.

XRP has now gained by 11% in the past week, while it has also jumped by 15.5% in the last 30 days, as anticipation mounts regarding Ripple's legal tussle with the SEC.

And with the altcoin already having increased in price by 57% since the beginning of the year, analysts are increasingly coming to suggest that it could end up outperforming Bitcoin (BTC) and other major cryptocurrencies this year.

This will of course depend on Ripple securing a positive judgment in the aforementioned case, but if it does, there's little doubt that XRP will go on to have one of the best rallies of any top-100 cryptocurrency in 2023.

Unsurprisingly, XRP's chart reflects a coin with plenty of strength and momentum right now, with the coin's tradiing volume rising beyond $1.4 billion today (up from $600 million as recently as yesterday).

XRP's relative strength index (purple) remains above 50, despite dipping from 80 yesterday, indicating that it continues to retain buying demand.

Likewise, the altcoin's 30-day moving average (yellow) also continues to rise above its 200-day average (blue), which also indicates sustained momentum.

In other words, XRP's current rally could still continue for a while yet, with its support level (green) also revealing that it continues to consolidate around ever-higher floors.

But it's not only the short-term that XRP has to look forward to, with Ripple expecting an end to its case with the SEC in the next few months.

In fact, Ripple CEO Brad Garlinghouse has said in a recent interview that he suspects the case could conclude in a matter of weeks, a prediction which possibly