Bitcoin ( BTC) sudden drop shook altcoins, Ripple ( XRP) has risen and challenged the crypto market.
of bitcoin Its easing to $26,400 led its investor to withdraw from altcoins. While many altcoins have lost more than 10 percent, of XRP The 8% gain stunned the market. The port of investors who take the opportunity to test the lower levels of BTC seems to be XRP. against the market of XRPhow about the chart?
Ripple (XRP) Chart Analysis
Bitcoin ( BTC ), the rise of XRP, one of the altcoins that fell even more with the loss of power, attracted great attention. XRP, which instantly slackened from $ 0.433 to $ 0.411, caused great concern in the Ripple ecosystem. But XRP was able to recover in a short time and take itself to higher levels. Priced below the 0.4328 support level, XRP must surpass the $0.4822 – 0.5015 – 0.5261 resistances, respectively, in order to continue its rise.
Fud news from the Ripple ecosystem or the continuation of the selling dominance in BTC can reduce XRP to 0.4022 – 0.3897 and 0.3733 dollars. Volatile days seem to continue in Ripple, which is traded below the support level and the litigation process is carefully followed.
