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BNB vs XRP: Here’s How Traders Are Playing These Markets - news.adtechsolutions BNB vs XRP: Here’s How Traders Are Playing These Markets - news.adtechsolutions

BNB vs XRP: Here’s How Traders Are Playing These Markets


In short

  • BNB and XRP are currently lagging behind, with only $500 million separating them in market cap.
  • Traders on the Myriad prediction market are split, giving BNB a slight edge over XRP at 55%.
  • Here’s what the charts say.

After weeks of parallel trading, the space for the fourth largest cryptocurrency by market capitalization has closed. Currently, BNB surpasses XRP by half a billion dollars. In the volatile world of crypto, that distance could evaporate in hours.

Hon Myriada prediction market built by DecryptDastan on the BNB chain, traders are essentially calling this a coin flip at 55% favoring BNB to maintain its ranking until November 2, with the odds changing several times in the last 48 hours.

Bitcoin is currently trading at around $107,000, falling a long way since it hit a new all-time high above $125,000 in early October, while traditional markets are pushing to new highs. It is creating a complex risk environment where altcoins (cryptocurrencies other than Bitcoin) are expressed. Now more than 90% of all altcoins in the top 100 coins by market capitalization are in the red zone.

But who will be more valuable in the short term? Here’s what the charts say: Below is a chart showing the market capitalizations of BNB and XRP over time.

BNB and XRP market caps over time. Image: Tradingview
BNB and XRP market caps over time. Image: Tradingview

Overall, both currencies are bearish at the moment. The comparative market chart shows XRP (blue) testing a downward trend line from above, and while it is still above key horizontal support, the trajectory is clearly negative. Volume is reduced during the decline – often a precursor to a rebound or capitulation.

On the other hand, BNB (yellow) is also correcting, but the trend is weaker. This is important in shorter timeframes because both FUD and FOMO episodes have more influence than longer timeframes, which offer time for corrections that take prices back on a normal course.

XRP Price: Strong bearish momentum moving

XRP opened today at $2.55 and traded at $2.45, down 4% from a low of $2.42. That’s a sharper drop than BNB’s 3.4% drop – and this relative weakness matters when you’re trying to defend a tight market lead.

XRP price data. Image: Tradingview
XRP price data. Image: Tradingview

The Relative Strength Index, or RSI, for XRP stands at 42.96. RSI measures whether an asset is overbought (above 70) or oversold (below 30). At close to 43, this neutral to weak reading suggests that traders are a little nervous about XRP, but not enough to dump their coins without thinking about it twice.

At 36.83, XRP’s Average Directional Index, or ADX, is more difficult to interpret. ADX measures trend strength regardless of direction – and readings above 25 confirm a strong trend is in place. Traders typically interpret ADX above 35 as strong action, but in this case, after a major spike, the readings are falling and returning to normal. However, it would be difficult for traders to ignore the fact that the current direction is negative and the ADX is very high, which is not ideal for bulls.

BNB Price: Weak but potentially stabilizing

The BNB card tells a different story. It’s basically bullish in the long term, bearish in the short term. Opening at $1,107.76, the token is currently trading at $1,063, up more than 3% with a low of $1,062. The smaller percentage decline versus XRP is notable, especially given BNB’s recent technical setup.

BNB price data. Image: Tradingview
BNB price data. Image: Tradingview

BNB’s RSI stands at 46.17, almost identical to XRP’s neutral position. But the critical difference emerges in the ADX reading: It is only 17.86, well below the limit of 25 that confirms a real trend exists. Traders see ADX below 20 as “weak action” – the market lacks commitment from major players. It’s like a car engine idling in neutral: There’s some movement, but there’s no power behind it in any direction.

This weak ADX actually works in BNB’s favor for this specific scenario. While XRP is trending with conviction, BNB is just… drifting. No strong sellers, but also no strong buyers. In a market where both assets are under pressure, one that moves aimlessly might hold up better than one with strong bearish momentum.

BNB broke below the $147 billion market support level and managed to bounce back a bit above that line. The token appears trapped in a compression phase with decreasing volume from the second half of the month.

BNB is testing key support near $1,050 where buyers entered earlier. If this support holds, BNB could stabilize while XRP continues its stronger trend.

BNB vs XRP: The race is closer than you might think

Both altcoins are under pressure, and considering the short timeframe in the Myriad market, the question seems to be: Who will fall less in the next three days?

BNB and XRP market caps over time. Image: Tradingview
BNB and XRP market caps over time. Image: Tradingview

Technical evidence suggests that XRP’s decline could be stronger, giving BNB a slight edge over the next 72 hours.

That ADX gap—36.83 versus 17.86—is a 19-point difference in trend strength. The downward trend of XRP has conviction behind it, shown by the fact that it has already fallen more strongly (3.65% vs 2.51%). BNB’s weak ADX suggests it could move sideways, or slowly decline rather than break through.

As always, unforeseen events, bullish or bearish catalysts, could change the picture dramatically – and quickly. But for now, the charts say what the charts say.

Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment or other advice.

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