Shows $XRP
Signs of real strength against #Bitcoin , with a technical shift on the daily chart indicating a potential breakout. For the first time in several days, the #XRPBTC pair has returned above the middle Bollinger range - a level used by many traders as a rough dividing line between bearish and bullish conditions.
Currently, $XRP is trading at 0.00002091 BTC, just above the middle range at 0.00002082 BTC. It may seem like a small move, but regaining control of the midpoint can completely change how traders read the chart.
If the price holds and starts to move towards the upper range which, in this case, is at 0.00002142 BTC, it could indicate the beginning of an upward trend. Meanwhile, the lower range is at 0.00002023 BTC.
In the last 48 hours, the price of XRP has risen by about 1.7% against Bitcoin. It’s not a big move in itself, but what is really interesting is the shift in momentum: XRP has started to recover from its recent lows and stabilize within its usual volatility range.
In context, the all-time high for XRP against Bitcoin is still very far away at 0.00024 BTC - this was the level during the 2017 cycle. So, while this current move does not put that historical peak anywhere near reach, it represents a subtle yet notable shift in short-term dynamics.
Currently, Bitcoin is trading at $104,743, while XRP is priced at $2.19. The cryptocurrency market is on hold right now, but the relative performance of XRP against $BTC
It may be interesting for traders looking to switch between major currencies as the market changes.