XRP exceeds 92% altcoin, show analysis-evo why – Tradingview News
The KSRP stood a firm while the crypto market was beaten on Tuesday. Most coins have fell hard, but the KSRP avoided hitting new arrays. Market observers are now wondering if Altcoin could recover faster than other cryptos.
XRP has land on the hard market
The collision on Tuesday sent the most CRIPTO price to collapse. XRP fell to $ 2.23, dropping by 4% in just one day. This denotes a coarse week for a coin, which lost 17% in the weekly frame, but the decline was not as bad as before this month. During one of her greatest decreases this year, February 4, the coin sank to $ 1.70 – much lower than the bottom of Tuesday.
On the other hand, Bitcoin fell under $ 86,000. This was his lowest price from November 2024. The difference is clear: Bitcoin hit new recent vines while XRP is not.
Analysts see promising signs
Numerous crypto experts have noticed that the KSRP performs better. The home, crypto analyst, said Altcoin had only “faking” under an important price of $ 2.25. The Chamber stated that things would remain on numerists, the KSRP must close above this price.
$ XRP update
I still look good here while we have faking under important level ($ 2.25)
Vital to close the diary above and do not accept below
XRP holds better than 90% of ALTS, the graph is not broken
I will soon split more thinking, but I need to see BTC reacts the following … https://t.co/m5cooco88z pic.twitter.com/edverkfvkg
The home also noticed that Bitcoin could face more problems if it falls below $ 85,000. Despite these problems, he thinks that crypto works better than most coins in the market. His view: XRP’s chart still looks solid compared to others.
Numbers tell a story
XRP power clearly appears in market data. According to CoyonCodeks, the coins during this fall with thunder passed better than 92% of the best 100 crypto coins.
While XRP avoided new vines, other popular coins were not so lucky. Both Solana (Sol) and Dogecoin (Doge) fell on their lowest points 2024. Year during the fall on Tuesday. Is the price recovery during the price?
The KSRP has already bounced with 8% win, bringing its price to $ 2.31. This speedy recovery decreased its weekly losses at about 9%.
The ability of coins to avoid deeper drops could give investors. While the entire market of the face of insecurity, the performance of the KSRP suggests that this could pass the storm better than its competitors.
What happens partly depends on the movement of bitcoin. Many traders store a close eye at the next movement of price bitcoin, because often sets the tone for the entire crypto market. If Bitcoin stabilizes, the KSRP can continue on the work path.
For now, the KSRP stands out in the sea of red. Its faster recovery and stronger levels of support could be given to watching the wider digital currency space trying to find its feet after falling on Tuesday.
Featured image from Gemini Imagena, Chart from Tradingview
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2025-02-27 23:00:00
