Cryptocurrency
Underdog Story: Why XRP Could Soon Outperform Bitcoin And Ethereum
As reported on NewsBTC, “XRP has become among the more somber stories of the crypto market since the bubble burst. The once third-ranked asset has fallen down the list of top crypto assets, due to nearly three years of underperformance compared to the rest of the market. “However, that underperformance could turn into an underdog story, […]
As reported on NewsBTC, “XRP has become among the more somber stories of the crypto market since the bubble burst. The once third-ranked asset has fallen down the list of top crypto assets, due to nearly three years of underperformance compared to the rest of the market.
“However, that underperformance could turn into an underdog story, where Ripple roars past Bitcoin and Ethereum and beats the rest of the crypto space. Here’s what technicals are possibly saying about a powerful new XRP uptrend.
XRP Led Last Crypto Rally To All-Time Highs
“Back in late 2017 and early 2018, Bitcoin peaked at $20,000, Ethereum at over $1,400, and Ripple at over $3.80 per token. Then they call came toppling down and spent ever since in a bear market.
“But did you know that it was XRP that led the initial charge in early 2017, and helped carry both Ethereum and Bitcoin higher?
“Looking back to March 2017, its quite clear that XRP rallied first and by the furthest, before Ethereum followed and later Bitcoin caught up to the altcoins pumping. The altcoin known as Ripple then began trading sideways for months, and eventually, Ethereum and Bitcoin stole the show and have been outperforming XRP since.
“But all that could soon change, and just like last time, Ripple could soon surge and send the crypto market into a tailspin and lead the charge into the next bull market…”