Crypto Market Update: XRP, ZEC, ONDO Prices on May 4

The crypto market has experienced a significant increase in value over the past 24 hours, reaching $2.66 trillion. This surge in value can be attributed to Bitcoin breaking above $80,000, which triggered liquidations and lifted sentiment across the board.

XRP's price is currently trading at $1.41, with a slow and steady climb. The chart shows gradual higher lows, indicating steady demand. However, the move lacks conviction, with momentum indicators leaning slightly bullish but not strong enough to push the price above $1.42.

ZEC's price has extended its rally, with a strong trend backing it. The chart shows clear higher highs and higher lows, with buyers stepping in consistently during dips. The price is trading well above the 30-day SMA line at $367.12, indicating a strong move that may need a pause before continuing higher.

ONDO's price has rallied hard and reached extreme levels, with a sharp breakout and little resistance until now. However, momentum indicators show a stretched setup, with RSI and Stochastic in overbought territory. The trend is still growing, but some caution is needed due to the high readings.