XRP Reaches 13-Month High Against Bitcoin with 35% Daily Increase – But Is Correction Inevitable? by Cointelegraph

XRP Reaches 13-Month High Against Bitcoin with 35% Daily Increase – But Is Correction Inevitable?  by Cointelegraph



XRP Reaches 13-Month High Against Bitcoin with 35% Daily Increase – But Is Correction Inevitable?

XRP The price has risen sharply against (BTC) on continued optimism about a possible settlement between Ripple, a San Francisco-based blockchain payment company, and the US Securities and Exchange Commission (SEC).

On September 23, the pair rose to 0.00002877 – its best level in 13 months – from 0.00002132, a 35% price rally against Bitcoin in a single day. Meanwhile, the same timeframe saw XRP surge 42%. against the US dollar.

XRP/BTC and daily price chart. Source: TradingView
Active XRP sharks and whales addresses. Source: Santiment
XRP/BTC daily price chart. Source: TradingView
XRP/USD 3-Day Price Chart. Source: TradingView