As the cryptocurrency industry momentum trucks along, it remains to be seen what will happen to some of the top markets. Whereas Bitcoin is still on wobbly legs, it seems the XRP price isn’t making any move to break out either. Its minor losses in BTC value put a lot of pressure on the market right now, which is why the USD ratio remains virtually the same. For the time being, it seems as if this uneasy momentum will continue for a little while longer.

XRP Price Shows no Signs of Rebounding

When Bitcoin remains in a bit of an awkward state, it is only normal to assume the alternative markets will go through similar momentum. That is not uncommon in this industry, and it will seemingly continue to happen for some time to come. Unfortunately for some of the top markets, this uneasy momentum doesn’t allow these other projects to move in a decisive direction either. XRP is a great example in this regard, as it simply cannot move up or down right now.

While some XRP price stability will certainly be appreciated, it also makes for…

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Source: https://thebitcoinnews.com/xrp-price-direction-remains-uncertain-as-8000-satoshi-level-comes-under-pressure/