- Will XRP ($2.04) flip Bitcoin? The former’s price surged by over 17% in the last 24 hours.
- It has now registered a six-year high with the current trend.
As the cryptocurrency market continues to heat up, XRP is showing significant strength, with its price surging to $2.31 and on-chain activity reaching new highs.
The conversation around whether XRP could challenge Bitcoin’s [BTC ($86,014.00)] dominance this cycle is gaining momentum, supported by bullish price action and increasing market activity.
But can XRP truly flip Bitcoin, or is this just speculative hype?
Can XRP flip Bitcoin?
The Ripple chart showed a powerful rally in recent weeks, with XRP breaking past multiple resistance levels to trade at $2.31.
The 200-day moving average (MA) at $0.62 and the 50-day MA at $0.87 confirmed a bullish crossover, signaling a sustained upward trend.
The MACD (Moving Average Convergence Divergence) reflected this momentum, with the MACD line sitting significantly above the signal line at 0.36.
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