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As we speak, there is a brewing storm in the cryptocurrency market, and it appears to be centered around Ripple’s native asset, XRP. Not so long ago, our team was hinting at a potential breakout for XRP against Bitcoin (BTC), which would have been a massive milestone. And now, fresh data has emerged that supports this thesis.
Just yesterday, we brought you the news of XRP starting to show signs of a significant move upward, which had us believing that a historic breakout against BTC could be in the cards. Fast forward to today, and it seems like our initial assessment was spot on.
The recent performance of XRP against Bitcoin has been nothing short of astonishing, with the asset showing a remarkable surge against its peer.
And here’s where things get really interesting: As you can see from the chart above, we are witnessing an unmistakable upward momentum in the XRP/BTC pair.
Source: u.today
