XRP/USD is trading at $0.9219, 0.07% up since previous day close. Like Bitcoin & other Altcoins, the Ripple followed the momentum of bullishness amid global cures. The suppressive equity market as FOMC seems to be more hawkish than expected made the crypto assets liquid & volatile. Last month, the XRP/USD slid down till $0.6600 after India showed indecisive outcome over passage of crypto bill & its regulation. This created a massive crackdown in crypto-currencies since China adopted the same move in the month of September. As seen in the chart, the XRP/USD reversed up from lower trend-line of channel pattern & also, surpasses the MA (10) & MA (20). Further buying bias may be recommended for the day in XRP/USD.

BTC/USD is trading at $51024.3 higher than previous day close. The selling pressure in equity markets amid Christmas & New Year Eve made the other asset class like cryptos more attractive. Last week, the Bitcoin slid down to $40K levels on account of indecisive decision over crypto-currencies trading & its regulation India, one of the major countries with heavy trading volumes. As seen in the chart, the BTC/USD slumped till lower levels of previous lows which acted as a major support level & also, reversed up from MA (200). Now, the BTC/USD is showing a pullback rally & the momentum may be continued till MA (100) which may prove as a next resistance level. Slight buying may be seen for the day in BTC/USD.