XRP Price Poised for Biggest Move Against Bitcoin in Years, Says Crypto Veteran
XRP has been trading in a range-bound manner for weeks, stuck between $1.07 and little movement in either direction.
Crypto veteran 'Crypto Bull' recently tweeted that XRP's price is about to make its biggest move against Bitcoin in years, claiming it will reach 100% against BTC.
The XRP/BTC chart shows a year-and-a-half of compression, with the token losing value against Bitcoin for over a year before experiencing a breakout spike in late 2024.
Currently, XRP is trading at 0.00001713 BTC, up 0.59% on the week, and sitting at the apex of a descending triangle pattern on the chart.
The measured-move principle suggests that if XRP/BTC breaks above the upper trendline, the target would be roughly 0.000030 BTC, representing a 100% gain against Bitcoin.