Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.

• XRP rallied over 10% between Tuesday (16 May) and Friday (19 May).
• CVD flattened over the weekend; it rose slightly at press time. 

Ripple [XRP] bulls remained steadfast and cashed gains despite the overall bearish sentiment last week. Amongst the top 20 crypto assets, XRP was an outlier, posting over 8% gains on the weekly front, according to CoinMarketCap. The weekly performance was only closely followed by Litecoin [LTC] at 7%. 

Is your portfolio green? Check out the XRP Profit Calculator 

However, Bitcoin [BTC] was stuck in the $26k price zone as of press time and could constrain strong upside movement, even for XRP. 

Despite the ongoing legal proceedings, the Ripple team unveiled plans to be a go-to-platform for CBDC development for countries, governments, and financial institutions. Could this fuel further bullish momentum, or will BTC’s fluctuations curtail it?

What’s next for XRP?

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Author: Suzuki Shillsalot

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