Why Is Ripple’s (XRP) Price Up Today?

Ripple’s native token has taken the recent market revival phase by storm, gaining over 10% in the past week. It helped it reclaim two crucial resistance-turned-support levels, and even surpassed Binance Coin in terms of market cap.

Perhaps the most notable reason behind this impressive increase, including a 5% jump since yesterday to $2.07, is the overall market gains seen by numerous altcoins and bitcoin, even after the US attacked Venezuela and captured its leader.