Ripple (XRP) exhibits weakness in its technical structure on Monday amid concerns in the broader cryptocurrency market that September is historically a bearish month.
Bitcoin (BTC) recovers above $113,000 at the time of writing on Thursday after finding support around a key level earlier this week. As attention turns to the start of the Bitcoin Asia conference in Hong Kong, this recovery has been boosted slightly.
Ripple (XRP) price surges to an intraday high of $3.08 and corrects to trade at around $3.05 on Thursday. The uptick in XRP upholds a short-term bullish picture, mirroring positive sentiment in the broader cryptocurrency market.