ChrisCryptoBear

XRP/BTC Bullish Case

Long
BINANCE:XRPBTC   XRP / Bitcoin
I don't need XRP, but a lot of financial entities are using it, or building their own blockchain. JPM just ditched it's coin in favor of XRP so I've heard.


My last XRP to Bitcoin chart presented a bearish "slow bleed" to lower price while Bitcoin went up in USD value. This happens often with alts because when the dominant Bitcoin is valued more, you can buy more altcoins with it. When we can buy more alts with BTC then the price of the alt is less. Not as often, an alt will go up with BTC when it's in high demand. Try for yourself to see when an alt will 'turn around' during a continuous move of BTC.
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