Cardano, Polkadot Enter the Top 5 Driving XRP to 7th Place

Cardano, Polkadot Enter the Top 5 Driving XRP to 7th Place

February 18, 2021

ADA, DOT Flipped XRP

Coinpedia earlier reported that the XRP’s 5th position then was under threat as Litecoin and Chainlink were on the verge to flip Cardano’s position. However, LTC and LINK were not fortunate and hence ADA and DOT served the purpose.

XRP ranked down

Cardano(ADA) price rallied high since the early trading hours gaining nearly 17% and on the verge to break the much-awaited $1 levels shortly. On the other hand, Polkadot (DOT) price also rallied nearly 4.17% surpassing $31 levels and secured an entry in the top 5. 

Ripple’s native token, XRP has slipped to the 7th position of the cryptocurrency ranking list first time ever since mid of 2014. XRP price had slipped a couple of ranks due to immense surge with DOGE price, yet regained very soon. 

Will XRP Price Spike Bring Back the lost Position?

The XRP price is experiencing more highs and lows in the present trading day as it has a more or less equal number of red and green candles. It seems that the XRP community is vague regarding the price movements.

The prime region of the price is currently $0.63 region, as whenever XRP hits these regions, immense selling pulls back the price around $0.55. Therefore breaking these levels would be mandatory for yet another bull run as predicted by an analyst Altcoin Sherpa.

If the XRP price yet again gets rejected from the levels mentioned above, then the probability of gaining the lost positions might be a little difficult. Until a major boost for the price which is required for a major bull rally is received, XRP may not enter the top 5 cryptocurrency list.

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