Cryptocurrencies that often move with the rise of Ripple ($XRP )
When observing a strong increase in the XRP currency, some other currencies tend to move with it due to the proximity of projects or interaction with the same institutional liquidity. Here are the most prominent of these currencies:
1️⃣ $XLM (Stellar)
▫️ The project closest to XRP in terms of functionality (cross-border payments).
▫️ Often rises directly after XRP.
2️⃣ $HBAR (Hedera Hashgraph)
▫️ An institutional-oriented project that sees movement with Ripple news.
3️⃣ $ALGO (Algorand)
▫️ Focuses on financial solutions and is positively affected when XRP rises.
4️⃣ $QNT (Quant)
▫️ A financial infrastructure project that benefits from the momentum of currencies linked to banking systems.
5️⃣ $FLR (Flare)
▫️ Built for integration with networks like XRP, often moves in the same direction.
📈 When monitoring XRP, do not overlook these projects as they may offer excellent trading opportunities with market momentum.
#XRP #Stellar #HBAR #ALGO #Flare #Technical_Analysis #Cryptocurrencies #Darar_Alhadri