XRP, Synthetix, Decred Price Analysis: 30 January

At the time of writing, Bitcoin was back at square one trading within the $32,000-$34,000 range, after the Elon Musk-inspired hike exhausted itself. What effect did BTC’s short-lived performance have on the rest of the altcoin market? Well, a few alts followed BTC’s lead, while a few others continued to consolidate on the charts. On the contrary, some like XRP were pushed up the charts thanks to the unlikeliest of sources.
Source: XRP/USD on TradingView
XRP, formerly the third-largest cryptocurrency in the market, was overtaken by the likes of Tether and Polkadot in the last few months.