HomeCrypto NewsMarketXRP against BTC Nears Critical Resistance for the Fifth Time in 30 Days: Will XRP Finally Outpace Bitcoin?

XRP against BTC Nears Critical Resistance for the Fifth Time in 30 Days: Will XRP Finally Outpace Bitcoin?

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The XRP-to-Bitcoin pair is again testing a major resistance level, and all eyes are on whether this latest push will finally break through.

Analyst CrediBULL Crypto highlighted the XRP/BTC pair’s price action in his latest post on X. According to his analysis, XRP/BTC is now making its fifth attempt at a breakout at a level that has faced strong rejection multiple times in recent weeks.

XRP’s Fifth Attempt at 0.00002162 BTC

Notably, the resistance zone is around 0.00002162 BTC. It has acted as a ceiling for XRP/BTC since early June. Each time the pair approached this level, it was rejected, resulting in four failed breakout attempts marked on the chart.

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The current move marks the fifth retest, and market watchers are speculating whether XRP can finally close above this stubborn level.

Image
XRP/BTC 4H chart by CrediBULL

Rejection or Breakout?

CrediBULL’s chart shows a horizontal barrier at the 100% Fibonacci level, which has capped every bullish rally for the past month. He suggested that a successful breakout and daily close above this zone could trigger a bullish continuation.

In that scenario, the next major target for XRP is around 0.00002646 BTC, a level not seen since April.

However, if history repeats itself, another rejection could pull XRP/BTC back toward the 0.00001938 BTC support level. This has served as the last line of defense for bulls. In particular, XRP has tested this support twice in recent weeks, rebounding shortly after each time.

Broader Context: XRP Lagging Behind BTC

While Bitcoin continues to maintain strong dominance, XRP has struggled to gain relative strength. The coin has found it difficult to keep pace with Bitcoin’s momentum in recent months. 

XRP’s price has remained largely around $2 for several weeks, while Bitcoin has been retesting its all-time high.

However, the anticipated breakout from the current move could mark a turning point. Should XRP/BTC rally to 0.00002646 BTC, as CrediBULL’s chart suggests, it would translate to a unit price of approximately $2.86. This puts XRP on track to challenge the $3 level.

Overcoming the 0.00002646 BTC resistance would set XRP up to challenge the next barrier at 0.00003411 BTC, equivalent to around $3.70. This paints a promising path for XRP to potentially break its all-time high.

XRP Could Still Reach $20–$30 Against Bitcoin

While these are short-term outlooks, CrediBULL has projected an even more promising future for XRP this cycle. Specifically, he believes XRP could reach new all-time highs against both BTC and ETH.

Based on previous ATHs in the XRP/BTC and XRP/ETH pairings, he suggested that with Bitcoin at $100K, XRP could reach $22 or more. Similarly, with Ethereum at $5K, XRP could climb to $18.

Interestingly, CrediBULL emphasized that these are conservative end-of-cycle targets, and BTC has already surpassed one of them. In parallel, he sees a $20–$30 XRP as a realistic and even conservative projection if XRP regains its prior strength relative to BTC or ETH.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Abdulkarim Abdulwahab
Abdulkarim Abdulwahabhttps://thecryptobasic.com
Abdulkarim Abdulwahab is a seasoned crypto journalist who has established himself as a trusted voice in the world of blockchain and Web3. His extensive knowledge of the crypto space enables him to break down complex concepts into accessible language.

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