{"id":555122,"date":"2023-10-12T14:00:09","date_gmt":"2023-10-12T14:00:09","guid":{"rendered":"https:\/\/wncen.com\/?p=555122"},"modified":"2024-06-11T08:00:43","modified_gmt":"2024-06-11T08:00:43","slug":"xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/","title":{"rendered":"XRP Price Could Get A Boost, Dip In This Bitcoin Metric Suggests New Rally"},"content":{"rendered":"

The XRP price continues to trade sideways on low timeframes as the crypto market faces a spike in selling pressure. While major cryptocurrencies will likely bleed into critical support, one analyst believes there is hope for the XRP Ledger native token. <\/strong><\/p>\n

Related Reading: ADA Price Hints At Potential Correction, Buy The Dip?<\/a><\/div>\n

As of this writing, the XRP price trades below the critical psychological level of around $0.5 and stands at $0.47 with a 2% loss in the last 24 hours. Over the previous week, XRP was one of the worst performers, recording a 9% loss.<\/p>\n

\"XRPUSDT
XRP’s price trends to the downside on the daily chart. Source: XRPUSDT on Tradingview<\/strong><\/a><\/figcaption><\/figure>\n

Bitcoin Dominance Declines, XRP Price Will Come Out On Top?<\/h2>\n

A pseudonym analyst on social media platform X recently shared a chart showing a decline in Bitcoin Dominance (BTC.D). This metric measures the amount of the total crypto market capitalization represented by BTC.<\/p>\n

When the Bitcoin Dominance declines, the altcoin sector benefits as the metric suggests investors could move away from the number one crypto into other assets. The analyst indicated that the BTC.D stands at a critical level, facing substantial resistance.<\/p>\n

In that sense, the metric could return below 50% of the total crypto market cap. The last time the BTC.D stood at current levels, the XRP price rallied above two major obstacles at $0.60 and then at $0.70. The analyst stated<\/a>:<\/p>\n

$BTC.D Got to the level where the $XRP Lawsuit win news came out. This caused a big altcoin rally at the time and also marked the 2023 top so far for $BTC and many other coins.<\/p><\/blockquote>\n

\"XRP
BTC.D declining, a positive sign for XRP and other altcoins? Source: XRPUSDT on Tradingview<\/figcaption><\/figure>\n

Altcoin Season Looming? But Something Needs To Get Out Of The Way<\/h2>\n

According to this analysis, an altcoin season might be on the horizon for the XRP price and other similar cryptocurrencies. However, the analyst believes the US Securities and Exchange Commission (SEC) needs to decide on the spot Bitcoin Exchange Traded Fund (ETF).<\/p>\n

The narrative around this financial product has been gaining influence on the nascent sector, and if the SEC approves it, there will be much less uncertainty around the nascent sector. In the last 24 hours, some movement has been around the spot Bitcoin ETF applications.<\/p>\n

Related Reading: Cardano Founder Addresses ETHGate Rumors: Did Ethereum Bribe The SEC To Go After XRP?<\/a><\/div>\n

This movement coincides with a spike in volatility across the board and could set the stage for fresh news<\/a> that will trigger the altcoin season or push the XRP price back to critical levels. On the possibility of the SEC approving the ETF, the best scenario for XRP and other token, expert Eric Balchunas said<\/a>:<\/p>\n

(\u2026) very poss there will be a few back and forths with SEC on these small but imp details. So I would not say approval imminent but I would say the fact that issuers are in a “back and forth” w SEC on this is hugely positive IMO.<\/p><\/blockquote>\n

Cover image from Unsplash, chart from Tradingview<\/p>\n","protected":false},"excerpt":{"rendered":"

The XRP price continues to trade sideways on low timeframes as the crypto market faces a spike in selling pressure. While major cryptocurrencies will likely bleed into critical support, one analyst believes there is hope for the XRP Ledger native token. Related Reading: ADA Price Hints At Potential Correction, Buy The Dip? As of this writing, the XRP price trades below the critical psychological level of around $0.5 and stands at $0.47 with a 2% loss in the last 24 hours. Over the previous week, XRP was one of the worst performers, recording a 9% loss. Bitcoin Dominance Declines, XRP Price Will Come Out On Top? A pseudonym analyst on social media platform X recently shared a chart showing a decline in Bitcoin Dominance (BTC.D). This metric measures the amount of the total crypto market capitalization represented by BTC. When the Bitcoin Dominance declines, the altcoin sector benefits as the metric suggests investors could move away from the number one crypto into other assets. The analyst indicated that the BTC.D stands at a critical level, facing substantial resistance. In that sense, the metric could return below 50% of the total crypto market cap. The last time the BTC.D stood at current levels, the XRP price rallied above two major obstacles at $0.60 and then at $0.70. The analyst stated: $BTC.D Got to the level where the $XRP Lawsuit win news came out. This caused a big altcoin rally at the time and also marked the 2023 top so far for $BTC and many other coins. Altcoin Season Looming? But Something Needs To Get Out Of The Way According to this analysis, an altcoin season might be on the horizon for the XRP price and other similar cryptocurrencies. However, the analyst believes the US Securities and Exchange Commission (SEC) needs to decide on the spot Bitcoin Exchange Traded Fund (ETF). The narrative around this financial product has been gaining influence on the nascent sector, and if the SEC approves it, there will be much less uncertainty around the nascent sector. In the last 24 hours, some movement has been around the spot Bitcoin ETF applications. Related Reading: Cardano Founder Addresses ETHGate Rumors: Did Ethereum Bribe The SEC To Go After XRP? This movement coincides with a spike in volatility across the board and could set the stage for fresh news that will trigger the altcoin season or push the XRP price back to critical levels. On the possibility of the SEC approving the ETF, the best scenario for XRP and other token, expert Eric Balchunas said: (\u2026) very poss there will be a few back and forths with SEC on these small but imp details. So I would not say approval imminent but I would say the fact that issuers are in a “back and forth” w SEC on this is hugely positive IMO. Cover image from Unsplash, chart from Tradingview<\/p>\n","protected":false},"author":535,"featured_media":555126,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[4531,13172,15883,15621,89423,78763],"class_list":["post-555122","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-xrp","tag-xrp-price","tag-xrp-price-analysis","tag-xrp-price-chart","tag-xrp-price-news","tag-xrpusdt"],"acf":[],"yoast_head":"\nXRP Price Could Get A Boost, Dip In Bitcoin Metric Suggests Rally<\/title>\n<meta name=\"description\" content=\"The XRP price continues to trade sideways on low timeframes as crypto faces a spike in selling pressure, but something is on the horizon.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XRP Price Could Get A Boost, Dip In Bitcoin Metric Suggests Rally\" \/>\n<meta property=\"og:description\" content=\"The XRP price continues to trade sideways on low timeframes as crypto faces a spike in selling pressure, but something is on the horizon.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-12T14:00:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T08:00:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/XRP-Price-XRP-XRPUSDT.jpg?fit=640%2C427\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"427\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Reynaldo Marquez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@rl_m\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Reynaldo Marquez\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/\"},\"author\":{\"name\":\"Reynaldo Marquez\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/6b25e0bbb04d6129ebb4d\"},\"headline\":\"XRP Price Could Get A Boost, Dip In This Bitcoin Metric Suggests New Rally\",\"datePublished\":\"2023-10-12T14:00:09+00:00\",\"dateModified\":\"2024-06-11T08:00:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/\"},\"wordCount\":531,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/XRP-Price-XRP-XRPUSDT.jpg?fit=640%2C427\",\"keywords\":[\"xrp\",\"XRP Price\",\"XRP Price Analysis\",\"XRP Price Chart\",\"XRP price news\",\"xrpusdt\"],\"articleSection\":[\"Ripple\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/\",\"url\":\"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/\",\"name\":\"XRP Price Could Get A Boost, Dip In Bitcoin Metric Suggests Rally\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/XRP-Price-XRP-XRPUSDT.jpg?fit=640%2C427\",\"datePublished\":\"2023-10-12T14:00:09+00:00\",\"dateModified\":\"2024-06-11T08:00:43+00:00\",\"description\":\"The XRP price continues to trade sideways on low timeframes as crypto faces a spike in selling pressure, but something is on the horizon.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/XRP-Price-XRP-XRPUSDT.jpg?fit=640%2C427\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/XRP-Price-XRP-XRPUSDT.jpg?fit=640%2C427\",\"width\":640,\"height\":427,\"caption\":\"Image By: Peter Boccia - Unsplash\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"XRP Price Could Get A Boost, Dip In This Bitcoin Metric Suggests New Rally\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/6b25e0bbb04d6129ebb4d\",\"name\":\"Reynaldo Marquez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/036a3927a22f63e491c08a08c3641ece?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/036a3927a22f63e491c08a08c3641ece?s=96&d=mm&r=g\",\"caption\":\"Reynaldo Marquez\"},\"description\":\"A literature major, Reynaldo M\u00e1rquez has been deeply immersed in the crypto industry since 2017. His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide. In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride. He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times. In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson\u2019s \u2018Neuromancer.\u2019 The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau\u2019s \u2018Civil Disobedience.\u2019 But that\u2019s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term. In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry. Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. He hopes to retire with his wife, maybe in a quiet place near a beach, but most likely in a city close to a library and a university with his kids and, hopefully, grandkids.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/reynaldo-mrquez-2ab111190\/\",\"https:\/\/x.com\/rl_m\"],\"url\":\"https:\/\/wncen.com\/author\/reynaldomarquez\/\"}]}<\/script>\n","yoast_head_json":{"title":"XRP Price Could Get A Boost, Dip In Bitcoin Metric Suggests Rally","description":"The XRP price continues to trade sideways on low timeframes as crypto faces a spike in selling pressure, but something is on the horizon.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/","og_locale":"en_US","og_type":"article","og_title":"XRP Price Could Get A Boost, Dip In Bitcoin Metric Suggests Rally","og_description":"The XRP price continues to trade sideways on low timeframes as crypto faces a spike in selling pressure, but something is on the horizon.","og_url":"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-10-12T14:00:09+00:00","article_modified_time":"2024-06-11T08:00:43+00:00","og_image":[{"width":640,"height":427,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/XRP-Price-XRP-XRPUSDT.jpg?fit=640%2C427","type":"image\/jpeg"}],"author":"Reynaldo Marquez","twitter_card":"summary_large_image","twitter_creator":"@rl_m","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Reynaldo Marquez","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/"},"author":{"name":"Reynaldo Marquez","@id":"https:\/\/wncen.com\/#\/schema\/person\/6b25e0bbb04d6129ebb4d"},"headline":"XRP Price Could Get A Boost, Dip In This Bitcoin Metric Suggests New Rally","datePublished":"2023-10-12T14:00:09+00:00","dateModified":"2024-06-11T08:00:43+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/"},"wordCount":531,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/XRP-Price-XRP-XRPUSDT.jpg?fit=640%2C427","keywords":["xrp","XRP Price","XRP Price Analysis","XRP Price Chart","XRP price news","xrpusdt"],"articleSection":["Ripple"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/","url":"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/","name":"XRP Price Could Get A Boost, Dip In Bitcoin Metric Suggests Rally","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/XRP-Price-XRP-XRPUSDT.jpg?fit=640%2C427","datePublished":"2023-10-12T14:00:09+00:00","dateModified":"2024-06-11T08:00:43+00:00","description":"The XRP price continues to trade sideways on low timeframes as crypto faces a spike in selling pressure, but something is on the horizon.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/XRP-Price-XRP-XRPUSDT.jpg?fit=640%2C427","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/XRP-Price-XRP-XRPUSDT.jpg?fit=640%2C427","width":640,"height":427,"caption":"Image By: Peter Boccia - Unsplash"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"XRP Price Could Get A Boost, Dip In This Bitcoin Metric Suggests New Rally"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/6b25e0bbb04d6129ebb4d","name":"Reynaldo Marquez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/036a3927a22f63e491c08a08c3641ece?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/036a3927a22f63e491c08a08c3641ece?s=96&d=mm&r=g","caption":"Reynaldo Marquez"},"description":"A literature major, Reynaldo M\u00e1rquez has been deeply immersed in the crypto industry since 2017. His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide. In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride. He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times. In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson\u2019s \u2018Neuromancer.\u2019 The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau\u2019s \u2018Civil Disobedience.\u2019 But that\u2019s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term. In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry. Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. He hopes to retire with his wife, maybe in a quiet place near a beach, but most likely in a city close to a library and a university with his kids and, hopefully, grandkids.","sameAs":["https:\/\/www.linkedin.com\/in\/reynaldo-mrquez-2ab111190\/","https:\/\/x.com\/rl_m"],"url":"https:\/\/wncen.com\/author\/reynaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"XRP Price Could Get A Boost, Dip In This Bitcoin Metric Suggests New Rally","url":"http:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ripple\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/XRP-Price-XRP-XRPUSDT.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/XRP-Price-XRP-XRPUSDT.jpg?fit=640%2C427"},"articleSection":"Ripple","author":[{"@type":"Person","name":"Reynaldo Marquez"}],"creator":["Reynaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["xrp","xrp price","xrp price analysis","xrp price chart","xrp price news","xrpusdt"],"dateCreated":"2023-10-12T14:00:09Z","datePublished":"2023-10-12T14:00:09Z","dateModified":"2024-06-11T08:00:43Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP Price Could Get A Boost, Dip In This Bitcoin Metric Suggests New Rally\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/xrp-price-could-get-a-boost-dip-in-this-bitcoin-metric-suggests-new-rally\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/XRP-Price-XRP-XRPUSDT.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/XRP-Price-XRP-XRPUSDT.jpg?fit=640%2C427\"},\"articleSection\":\"Ripple\",\"author\":[{\"@type\":\"Person\",\"name\":\"Reynaldo Marquez\"}],\"creator\":[\"Reynaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"xrp\",\"xrp price\",\"xrp price analysis\",\"xrp price chart\",\"xrp price news\",\"xrpusdt\"],\"dateCreated\":\"2023-10-12T14:00:09Z\",\"datePublished\":\"2023-10-12T14:00:09Z\",\"dateModified\":\"2024-06-11T08:00:43Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/XRP-Price-XRP-XRPUSDT.jpg?fit=640%2C427","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/555122"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/535"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=555122"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/555122\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/555126"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=555122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=555122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=555122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}