{"id":440522,"date":"2020-10-05T20:00:46","date_gmt":"2020-10-05T20:00:46","guid":{"rendered":"https:\/\/ktsl888.com\/?p=440522"},"modified":"2020-10-05T20:00:46","modified_gmt":"2020-10-05T20:00:46","slug":"xrp-up-move-to-leave-bitcoin-and-tether-traders-sidelined","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ripple\/xrp-up-move-to-leave-bitcoin-and-tether-traders-sidelined\/","title":{"rendered":"XRP Up-Move To Leave Bitcoin And Tether Traders \u201cSidelined\u201d"},"content":{"rendered":"
XRP continues to lag behind the rest of the crypto market, including Bitcoin and Ethereum<\/a>. It has resulted in the altcoin losing the third-ranked spot to the stablecoin Tether.<\/p>\n But all that’s soon going to change, according to one crypto analyst, who says Ripple will soon leave the rest of the crypto market sidelined as they look on in awe.<\/p>\n Few altcoins have suffered as badly as XRP. Whether it truly is executives and early pioneers associated with the project’s constant selling keeping prices down, or something else, Ripple has been a clear underperformer for years now<\/a>.<\/p>\n While other crypto assets have experienced at least some ebb and flow, Ripple has mostly been flowing downward, deeper and deeper into a downtrend.<\/p>\n Related Reading | Crypto Analyst Pitches a Case For XRP to Hit $30 By End of 2021<\/a><\/strong><\/em><\/p>\n By definition, a downtrend<\/a> is a series of lower lows and lower highs, something that XRP holders know far too well. But according to a pseudonymous crypto trader<\/a>, the altcoin created by Ripple could soon leave the rest of the crypto market, Bitcoin and Tether included, sidelined.<\/p>\n And it all begins with the first projected higher high, and an attempt at reclaiming 2017 resistance, which also would form a right shoulder on an inverse head and shoulders reversal pattern.<\/p>\n <\/p>\n XRP blasting off while Tether stays sidelined isn’t all that shocking given the stablecoin’s value rarely fluctuates, but Ripple giving Bitcoin a beating is rare<\/a>.<\/p>\n Ripple has spent the last three years in free fall against the first-ever cryptocurrency, but that might all change soon according to the XRPBTC trading pair. This chart looks just as bullish and has reclaimed a key support level according to the chart shared by a crypto analyst<\/a>.<\/p>\n <\/p>\n A similar triple bottom pattern resembling an inverse head and shoulders is also breaking upward suggesting the USD pair could soon follow. If this happens, XRP could trend higher and leave Bitcoin and the rest of the crypto market in its dust<\/a>.<\/p>\nRipple Readies First Higher High Since Crypto Bubble Popped<\/h2>\n
XRPUSDT Daily First Projected Higher High\u00a0| Source: TradingView<\/a><\/pre>\n
Bitcoin Pair Positions XRP For Major Market Overperformance, Targets Tether’s Third-Rank<\/h2>\n
XRPBTC Resistance\/Support Reclaim and Inverse Head And Shoulders Pattern | Source: TradingView<\/a><\/pre>\n