XRP Reclaims 3-Month Peak Above $1.4 Amid Broader Crypto Market Rally

The cryptocurrency market has seen a significant surge in recent days, and XRP is among the top gainers. Over the past seven days, its price has spiked by 39%, reclaiming a 3-month peak above $1.4.

This rally has helped XRP secure a spot among the top 5 gainers over the past week, according to data from CoinMarketCap. Ethena (ENA) tops this list with nearly 64% gains on the weekly timeframe, followed by SPX6900 ($SPX) with 41% gains.

XRP's price has also reclaimed its 20-week exponential moving average (EMA), a key indicator that could dictate its next price direction. However, the crypto asset faces strict resistance at the Pivot Point's R3 area on the daily chart, which stands around $1.4895.