XRP Price Explodes 30% in Sudden Altcoin Rally With Cardano and Stellar Among Biggest Gainers

By Daily Hodl Staff

XRP, Cardano (ADA) and Stellar (XLM) are shaking up the crypto markets and leading a sudden altcoin rally.

In the last 24 hours, XRP has surged 30%. At time of writing, the digital asset is worth $0.39, according to CoinMarketCap.

The price of Cardano is up 14% at $0.12. Stellar is also up 14% and is currently valued at $0.09.

Analyst Scott Melker believes Cardano has more room to run and appears to be en route to $0.15.

“10x leverage long (from newsletter today) presently up 74%. Just truly breaking out, looking for a retest of the ascending triangle to add more to the position. What a day.”

Source: Scott Melker/Twitter

The pseudonymous analyst Credible Crypto says XRP also has more room to the upside, but cautions this could change if Bitcoin (BTC) reverses course.

Bitcoin remains in the midst of a historic bull run and is up 2.68% in the last 24 hours at $18,669.

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