The XRP/BTC pair trade inside a multi-year channel, with price currently testing the midline of this structure — a pivotal level that could define the next macro leg.
If bulls manage to break the midline to the upside and successfully retest it as support, the upper boundary of the channel becomes the next major target.
🔼 Upside Scenario:
A confirmed breakout above the midline would signal structural strength and likely lead to a rally toward the upper channel resistance.
If this move aligns with BTC dominance dropping below the 60% threshold, we could see a full-blown altseason emerge.
Under such conditions, historical XRP/BTC behavior suggests that XRP/USD could reach $12–$24.
🔽 Downside Risk:
Losing the mid-channel from here would weaken the structure and invalidate the breakout thesis.
In that case, XRP/BTC would likely rotate back toward range lows, and a defensive strategy is warranted.
Macro Implication:
The 60% BTC Dominance level remains critical. A clean breakdown below it historically marks the beginning of altseason, where high-beta plays like XRP against BTC have outperformed. XRP’s current posture within the channel reflects this high-stakes moment.
If bulls manage to break the midline to the upside and successfully retest it as support, the upper boundary of the channel becomes the next major target.
🔼 Upside Scenario:
A confirmed breakout above the midline would signal structural strength and likely lead to a rally toward the upper channel resistance.
If this move aligns with BTC dominance dropping below the 60% threshold, we could see a full-blown altseason emerge.
Under such conditions, historical XRP/BTC behavior suggests that XRP/USD could reach $12–$24.
🔽 Downside Risk:
Losing the mid-channel from here would weaken the structure and invalidate the breakout thesis.
In that case, XRP/BTC would likely rotate back toward range lows, and a defensive strategy is warranted.
Macro Implication:
The 60% BTC Dominance level remains critical. A clean breakdown below it historically marks the beginning of altseason, where high-beta plays like XRP against BTC have outperformed. XRP’s current posture within the channel reflects this high-stakes moment.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.