Bollinger Bands Back XRP against Bitcoin

Bollinger Bands Back XRP against Bitcoin
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XRP price action against cryptocurrency leadership Bitcoin (BTC) It has always been one of the main topics of discussion in the crypto market, and as it appears from recent developments it is not going away in the near future.

For example, the recent series of events related to AI Chatbot Deepseek Nasdaq and NVIDIA wiping $500 billion of market cap, created a ripple effect on the XRP/BTC chart.

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As a result, as an altcoin powerhouse, XRP has suffered more painful price declines than BitcoinAt one point, losing 9% to BTC and hitting a decline of 0.000027 BTC for 1 XRP. What is important is what happened next, as that dip was bought in the last few hours, and the popular altcoin recovered more than half of that.

Image of the material
source: TradingView

What's more, XRP managed to rebound above the middle curve of the Bollinger bands on the daily price chart, which could indicate the strength and bias of buyers towards XRP versus BTC. If XRP exceeds 0.00002885 BTC, the path to 0.0000335 can be considered open, which is a 16% move higher.

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The all-time high for this pair still stands at 0.000245 BTC, which is more than 1,000% above the current level. In 2017, it is doubtful that this historic high will be reached again, as, at current prices, that would mean $24.8 for XRP, or a $1.43 trillion market cap for this popular Altcoin.

However, what matters most now is whether the currency will be able to stay above the middle Bollinger band.



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