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XRP Could Lose Crucial $0.17 Support with a sub $9k Bitcoin

en.ethereumworldnews.com

A quick glance of the top five digital assets on Coinmarketcap reveals that Tether (USDT) has firmly taken the number three spot from XRP. This, in turn, means that any drastic drop by Bitcoin will have a ripple effect on XRP.

All analysis points to a dip by Bitcoin and such a move could cause XRP to lose the crucial support zone of $0.17. Conclusion The fate of XRP in the crypto markets looks bleak as the fate of digital asset is tied at the hip with Bitcoin.

Bitcoin BTC
$ 64314.62
Bitcoin XRP
$ 0.5257

Timeline of Bitcoin, Tether, Xrp

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Bitcoin Bitcoin
64369.2000 0.52%
Ethereum Ethereum
3142.87000 -0.05%
BNB BNB
609.974000 0.21%
Solana Solana
144.264000 -1.99%
XRP XRP
0.52657300 0.40%