Positive news from the SEC lawsuit had turned Ripple’s (XRP) course up, but Bitcoin’s (BTC) steep fall changed things.
The sales claims of Bitcoin, which fell like a bomb on the agenda yesterday evening, brought a sales wave in XRP, which was on the rise. In the past weeks, the positive name of the SEC-XRP tension has been XRP. Both the rise of BTC and XRP-based developments made XRP almost double its price. But the news about MtGox and the USA, which Arkham made last night, dragged all altcoins down.
Ripple (XRP) Chart Analysis
The allegations of MtGox and the US’s sale of BTC have deeply shaken XRP, which is moving forward with buyers. BTC seems to have blocked the upward momentum of XRP, which came to $ 0.48 within hours from the $0.44 support. Upward pricing of the market or positive news from the SEC war could push XRP to the levels of $0.4710 – $0.5016 and $0.5269 respectively. In the opposite case, the levels of $ 0.4400 and $ 0.4223 for XRP can be followed as support levels. XRP, which is a serious investor mass in the crypto market, is closely followed by most people.