XRP has been performing worse than many other top altcoins and especially compared to Bitcoin. A crypto analysis company called Santiment made a bold statement that there’s a possibility for XRP to eventually decouple from Bitcoin price action. Unlike ETH and some other top Alts, XRP is believed to have a different future from the Bitcoin trend.
Santiment claimed the reason behind this decoupling is because there are massive social volume spikes for XRP. They assume that the upside movement of XRP price may be influenced by natural demand and not just from usual crypto speculators.
Nevertheless, not everybody believes in the same prediction. Other analysts on Twitter assume that XRP/BTC pair might keep going bearish for quite some time. Their analysis is much more “technical” compared to Santiment as they believe XRP/BTC has been setting up a decent bearish pattern.
Since the beginning of crypto winter in early 2018 until today, XRP has not been doing well. While BTC has been making a decent comeback to ~$9,700 level, XRP is still struggling to keep its price above $0.2. Recently, XRP has been replaced by the popular stablecoin Tether (USDT) in the third spot of cryptocurrency rankings by market cap.
Source: dailyhodl
