XRP/BTC Approaches Major Breakout From 8-Year Resistance
Main Idea
XRP/BTC is approaching a potential major breakout from an 8-year resistance level, which could signal a significant shift in its long-term trend against Bitcoin.
Key Points
1. XRP/BTC has been in a multi-year downtrend against Bitcoin, forming a descending triangle pattern since 2017.
2. A breakout above the resistance level at 0.00003400 BTC could confirm a long-term momentum shift for XRP.
3. Investor Gordon describes this potential breakout as a 'generational wealth opportunity'.
4. Spot XRP ETFs have not yet been approved, which could further amplify price discovery if the breakout occurs.
5. XRP recently reached a new high in 2025, and a clean breakout could lead to double-digit price targets.
Description
A chart posted by investor and self-proclaimed crypto millionaire Gordon (@AltcoinGordon) has caught the attention of market watchers because it shows that XRP/BTC is once again testing a trendline that has capped the pair for nearly eight years. This resistance, drawn from a high point in 2017, has triggered lower highs since then, forming the upper boundary of a long-term descending triangle pattern . Now, that structure appears to be under threat. XRP: Long-Term Resistance Under Pressure The ...
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