As we have seen in the past, the rise in the price of Bitcoin usually results in the rise in the prices of other major cryptos like ethereum, ripple, litecoin, Bitcoin cash and so on, but the recent rise in the price of Bitcoin turns the other way for Ripple (XRP) as the latest rise in the price of Bitcoin in the last 24 hours has seen the XRP's falling like no prise rise season is on.
What could XRP be doing wrong to make its price suffer the falls while it should be rising?
Perhaps the hype has died down on XRP after the fork and the free airdrop, so investors are dumping XRP and then move to BTC that's why we have seen some spike recently, currently getting in the resistance level of $19,500.
Technically, XRP is doing nothing wrong, but this is how the market behaves, people immediately take profits and move. their funds around to safety or to make more money again.