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The article discusses potential reasons why the price of XRP could surge by 70% against Bitcoin following the upcoming Bitcoin halving on April 19. Despite XRP's underperformance compared to Bitcoin so far in 2024, historical data suggests that XRP has a tendency to outperform Bitcoin during halving events. The analysis suggests that a reduction in Bitcoin's dominance post-halving leads to traders moving their investments from Bitcoin to altcoins like XRP, signaling a potential 'altseason' and short-term gains for altcoins. Additionally, technical analysis points to a bullish reversal setup for XRP/BTC, with a projected target of 0.00001022 BTC in April/May and a significant 70% increase by June, supported by XRP whales accumulating XRP tokens. #bitcoinhalving #bitcoin #cryptonews #bullrunnews #xrpvsbitcoin #bullrun #xrpcommunity #xrparmy #xrpripple #xrpholders #getreadyGetReady #GETREADY #XRP
Duration: 14 sPosted : Thu, 11 Apr 2024 20:28:55Views
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