Posted 3/13/2024, 12:00:56 AM
XRP Faces Uphill Battle to Reverse 6-Year Downtrend Against Bitcoin
- XRP has underperformed for the last 6 years, with mostly negative returns since 2018
- Trader highlights sustained downtrend for XRP/BTC ratio, danger of breaking pre-SEC lawsuit lows
- Even with pumps this cycle, XRP needs over 2,600% gain to reach 2017 peak value against Bitcoin
- Risk of XRP/BTC breaking below 0.00000982 BTC, just 30% above SEC lawsuit lows
- Influencer price projections for XRP have not materialized, pure data shows downtrend and risk for buyers
