XRP Hits 13-Month High Against Bitcoin With 35% Daily Rise – But Is a Correction Inevitable? Via Cointelegraph

XRP Hits 13-Month High Against Bitcoin With 35% Daily Rise – But Is a Correction Inevitable?

XRP Price rallied strongly against (Bitcoin) on the continued optimism about a possible settlement between Ripple, a San Francisco-based blockchain payments company, and the US Securities and Exchange Commission.

On September 23, the pair surged from 0.00002132 to 0.00002877 – its best level in 13 months – a 35 percent price rally against bitcoin in one day. Meanwhile, XRP surged up to 42% over the same period against the US dollar.

XRP/BTC and daily chart. Source: TradingViewActive XRP Shark and Whale Addresses. Source: SantimentXRP/BTC daily chart. Source: TradingViewXRP/USD three-day price chart. Source: TradingView

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