Ripple is roaring, some 16% on the day and above $1.25. XRP/USD is now above the previous all-time high that was seen on Friday, just before the big crypto-crash. The high so far has been 1.2699, just under 1.27. The next line of resistance could await at $1.32.

Ripple/USD stands out amid mixed movements in other digital currencies. For example, XRP is up some 30% against bitcoin.

Here is the chart, with more details and levels below: 

After its peers stabilized and XRP/USD hugged parity,  this coin was already moving to a higher range during the day, challenging the highs. We noted that XRP was playing to its own tune.

On the way, XRP/USD climbed above the previous cap of the range at 1.0350, moved above 1.10 and stalled at 1.15. All can serve as cushions if we get a big correction from here.

And then, Ripple/USD created a double-top at 1.18, The technical behavior it showed was quite impressive given the high volatility. Yet after topping the technical barrier of 1.18, it did not take long to rip to new highs.

What’s next for this popular Asian cryptocurrency? It traded in a range between 1.18 and 1.25, so we can extrapolate this 7 cent range and expect the next level of resistance to wait some 7 cents higher, at 1.32.

However, the high levels of volatility amid digital coins in general and in this specific cryptocurrency today, moves could be wild.

Ripple received a boost from Japan: a group of banks plans to test the technology in the first quarter of 2018, which is just around the corner.