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?
isn't Ripple also one of the altcoins that feel the impact of the recent increase in bitcoin price?
Try to imagine from 0.2 $ up to 0.5 $. how do you think ripple is not taking part in the bull trend this time. just because the price stops rising you think it has no impact.
Don't be narrow-minded, keep in mind that currently Ripple is also experiencing selling pressure after the spark snapshot was done. so it is normal for the current ripple price to undergo a slight correction. after all, bitcoin prices haven't had any new movements this week. for the other altcoins, I think it's the same. as long as the coin has hope then sooner or later it will definitely go up.