While most of the crypto market is dealing with the implications of yesterday's multibillion bloodbath, $XRP holds its ground against Bitcoin in a way few noticed.
Despite extreme volatility and a brutal 26% single-day drop in its USD pair this week, $XRP/$BTC as presented by TradingView is still trading above the key monthly mid-Bollinger Band — an important line that often separates long-term bull and bear cycles.
This hold signals that the altcoin remains in a bullish phase versus Bitcoin, with current price action showing strong recovery on both daily and weekly time frames. If the setup holds, a move to the 0.00003293 $BTC level — a 51% rally — looks more probable than not.
u.today
