Furthermore, institutional investors have rallied around Ripple’s XRP this past week, with the assets under management (AUM) or XRP investment products nearly doubling. This week, roughly $33 million flowed into XRP products that pushed the sector’s AUM up to $83 million. Ripple moved nearly 300% in April alone and reached a new all-time high. The cryptocurrency has catapulted into the top five coins by market cap once again as its price moved above the mark of $1. Despite being banned from several exchanges, XRP gained upward momentum as positive news on the case against SEC began to reach media outlets.
Daily Technical Levels
Pivot point; 1.36711