Analyst Says XRP Season Starts Now. Here’s why
2025-07-12 06:30:05
Main Idea
Analyst Alex Cobb declares the start of 'XRP season' as XRP breaks a critical resistance level against Bitcoin, signaling potential bullish momentum and renewed investor interest.
Key Points
1. XRP recently moved above a critical resistance level against Bitcoin (BTC), drawing attention in the crypto market.
2. Crypto analyst Alex Cobb stated, 'XRP season starts now,' indicating expectations of relative strength and a positive trajectory for XRP.
3. The breakout suggests accumulation has occurred, potentially weakening Bitcoin's dominance and paving the way for an altcoin season.
4. The price behavior and breakout could signal a new all-time high for XRP if the momentum is sustained.
5. The article mentions the SEC case and XRP's prolonged stagnation at $0.50, highlighting the significance of the current breakout.
Description
XRP has recently moved above a critical resistance level against Bitcoin (BTC), a development that is now drawing serious attention among crypto traders. On the 4-hour timeframe, crypto analyst Alex Cobb (@Cobb_XRPL) showed that XRP/BTC closed a strong candle above the longstanding horizontal resistance, marking what appears to be a confirmed breakout after weeks of coiling underneath the threshold. The resistance line had repeatedly rejected price advances, capping XRP’s relative strength again...
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