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Crypto

XRP Poised for 100% Breakout Against Bitcoin, Analyst Says

Guavy AI Editorial Team
Instruments
BTC XRP
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Crypto analyst CryptoBull is calling for a significant price move in XRP against Bitcoin. According to CryptoBull, XRP is approaching an important level against BTC after spending more than a year inside a large falling wedge pattern.

The weekly XRP/BTC chart shows two declining trendlines that gradually converge, with the price moving lower within this structure since late 2024. The latest candles sit close to the wedge's lower boundary, which gives the current price action particular significance as it tests the area where buyers could begin pushing the pair higher.

A breakout above the upper resistance line would move the pair beyond the structure that has contained it for over 18 months, and one analyst recently stated that XRP needs just one candle to erase 18 months of pain. The current price is 0.00001713 BTC, and a 100% breakout would send it to 0.00003426 BTC, which currently translates to $2.15.

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