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Crypto

XRP Close in Green Could Signal End of Bitcoin Dominance

Guavy AI Editorial Team
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BTC XRP
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Analyst Patrick L. Riley has sparked interest in XRP's price movement by sharing a long-term weekly chart that highlights a potential shift in the crypto market.

Riley notes that if XRP closes next week in the green, it could signal the end of Bitcoin's dominance and the start of a new bull run.

The chart shows XRP breaking above its descending trendline in late 2024 after rallying over 500%, hitting an all-time high of $3.65 before pulling back.

Riley believes that if XRP holds its current support level, it could break out decisively and reach triple-digit targets between $440 and $800 on the logarithmic scale.

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