XRP (XRP) surged as much as 14.21% to $1.40, closing above two key moving averages for the first time since its August death cross formed.

Key Points:

• XRP gained as much as 14.21% in 24 hours and 40.06% over the past week.
• The daily candle closed above the 50-day and 200-day EMAs, but the death cross itself has not reversed.
• Resistance sits at $1.43 and $1.60, while momentum indicators show a stretched rally.

XRP Breakout

Decrypt reported Aug. 21 that XRP opened Friday at $1.2681, reached $1.43 and traded near $1.40, leaving the daily candle up 10.52%. The broader 24-hour gain made XRP the strongest performer among the 10 largest cryptocurrencies by market value.

The move outpaced Bitcoin (BTC), up 7.44%, and Ethereum (ETH), up…