XRP Or Bitcoin? Only The Top Indicators Reveal The Truth On The Chart

As the cycle nears its end, the noise often narrows down to two names: Bitcoin, the long-favored currency, and XRP, the currency that keeps making a comeback. Those wondering if it's too late to buy in are really asking which currency still has better trading opportunities. The chart between these two currencies will provide a clearer answer than just looking at their dollar prices. On the XRP/BTC pair, the Bollinger bands — simple lines but highly indicative to the point that they have a place in the financial market — are gradually narrowing. Such conditions usually do not last long. The last time this happened, at the end of last year, XRP surged against Bitcoin, doubling in value before dropping back. Currently, it seems that XRP is at a level close to 0.000026 BTC. This is a setup that often leads to quick decisions.

Take a step back and look at the weekly picture. For most of the past five years, Bitcoin has maintained its leading position, while XRP has either decreased or remained flat. Two Coins, One FOMO The major resistance level at 0.000055 BTC has not been reached since 2018, but the price increase of XRP earlier this year — from below 0.000010 BTC to around 0.000020 BTC — indicates that this coin still has the potential to break through when the market opens. That is why XRP is attractive to those seeking percentage profits, even in the late stages of the cycle. This option is simple in form, but more difficult to execute. Bitcoin may not be as attractive, but it is perhaps a safer choice for holding in the later stages. XRP is riskier, but it also has the potential for a strong price increase if the sell-off pressure continues to rise. These bands will not stay tightly for long, and once they expand, one of these two coins will show which side of the trade is worth FOMO.