XRP hasn’t been excluded from the recent rally in the cryptocurrency market. From its lows in March of $0.11, the second-largest altcoin has gained over 100% from the lows. As Bitcoin topped $9,400 last week, the altcoin topped $0.23, showing strength after a macro downtrend.

This recovery aside, top analysts believe that the cryptocurrency is currently in a bearish macro position. One prominent trader went as far as to say that it is the “last stand” for XRP holders.”

Find more in the article https://bitcoinist.com/its-the-last-stand-for-bag-holders-of-xrp-top-analyst-peter-brandt/