Analyst: XRP Price Will Explode Against Bitcoin Once This Breakout Happens
Main Idea
Analyst CryptoBull predicts a potential explosive price movement for XRP against Bitcoin, based on a seven-year symmetrical triangle pattern nearing its apex.
Key Points
1. The XRP/BTC trading pair has been in a prolonged consolidation phase since early 2018, forming a symmetrical triangle pattern that often precedes significant price movements.
2. XRP is currently trading at 0.00002660 BTC, with a key breakout level identified between 0.00002750 BTC and 0.00002850 BTC.
3. XRP's all-time high against Bitcoin was approximately 0.00023800 BTC in May 2017, but it has since lost over 90% of its value in BTC terms.
4. Technical indicators, such as the 200-day moving average and Relative Strength Index (RSI), suggest a potential bullish breakout for XRP/BTC.
5. If the breakout occurs, XRP could revisit the 0.00005000 BTC level, with past cycles showing rapid price increases following similar patterns.
Description
XRP appears poised for a historic breakout against Bitcoin , according to respected crypto analyst CryptoBull. The seasoned market watcher shared a striking XRP/BTC monthly chart on X, showing a symmetrical triangle pattern that has been forming for over seven years — a technical structure widely known to precede explosive price movements. As the chart tightens toward its apex, CryptoBull predicts that XRP’s price relative to Bitcoin is about to surge, potentially leaving most traders behind as ...
Latest News
- 9 High-Gain Cryptos to Watch – One Whitelist Is Almost Full, and It’s the Top New Coin Launch in 20252025-08-06 00:17:43
- Why Ruvi AI (RUVI) Might Beat Dogecoin (DOGE) to $1? Massive Sales Surge After CMC Listing and Early Bonuses Create Once-in-a-Cycle Opportunity2025-08-05 22:17:32
- Buying Ruvi AI’s (RUVI) Audited Token at $0.015? Analysts Say It’s Like Grabbing Ripple (XRP) at $0.03, Its Daily Sales Reached Millions After CMC Listing2025-08-05 21:05:06
- Latest SBI Japan’s Announcement Excites XRP Army2025-08-05 20:21:18
- This Audited Token Is Mimicking Bitcoin’s (BTC) Early Momentum, Phase 2 Hits 75% in No Time After CoinMarketCap Partnership2025-08-05 19:35:38