The leader in the Ripple XRP mirror market is Bitcoin [BTC]

Ripple's XRP followed the market over the weekend from $ 0.35 to $ 0.375 on Saturday. He has since returned to around $ 0.36 with key support at $ 0.35. This was similar to the movements of the Bitcoin market leader, which represents about 54% of the entire cryptocurrency market.

During the past week, Ripple's XRP fluctuated between $ 0.30 and $ 0.40. An increase last week met strong resistance at $ 0.40 and support support at $ 0.35. A decline during market downturns approached $ 0.30 but managed to rebound.

Although the XRP is the largest alt-market by market capitalization, its recent price movements indicate that it is following the general market movements. Whatever the way prices are moving from here, it is likely to depend on market movements in general.

The price of XRP is currently approaching the key support level around $ 0.35. A significant increase is expected to again reach the resistance at $ 0.40. A sharp drop below should probably satisfy support around $ 0.30. Bitcoin has also been traded at a key level around $ 4000 and could easily break above or below from here. Whatever the way Bitcoin is interrupted from here will probably be reflected in the same way with XRP.

Key Takeaways:

• XRP followed market movements over the weekend, increasing on Saturday and after tracing.
• The XRP was traded in a key range between $ 0.3 and $ 0.4 in the last week.
• Both XRP and Bitcoin exchange near key levels at the moment. Whatever the way Bitcoin is interrupted from here will probably be mirrored by XRP.

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