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Will XRP Outshine BTC Again?

Wed, 26 Feb 2025, 02:50 am UTC

Bitcoin’s Uncertain Path: Will XRP Outshine BTC Again?. Source: EconoTimes

Bitcoin (BTC) is facing a critical moment, fluctuating between $85,000 and $95,000. A break below $90,000 could trigger a sharp decline, but with little resistance above $95,000, a bullish breakout could be just as swift. This volatility keeps traders on edge, watching for the next major move.

Meanwhile, XRP, the third-largest cryptocurrency, has mirrored Bitcoin’s struggles, dropping 14% in the past three days. Against the dollar, XRP's decline follows a similar pattern, but its performance against BTC tells a different story. On the 12-hour chart, XRP has found strong support at the 200-day moving average, a crucial level it hasn’t touched since November. Back then, XRP surged 500% from $0.55 to $3.40.

Currently, XRP is priced at $2.22 (0.000025 BTC), and its RSI against Bitcoin has reset to lower levels, indicating it may be undervalued. If history repeats itself, XRP could be on the verge of another rally. While uncertainty looms over the market, traders are watching closely to see if XRP can once again outshine Bitcoin.

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Great article. Requesting a follow-up. Excellent analysis.

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Great article. Requesting a follow-up. Excellent analysis.
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