XRP is showing signs that it may soon outperform Ethereum (ETH), as its current consolidation phase approaches a potential breakout, according to expert market analysis.

XRP Builds Momentum While Ethereum Slows

Market analyst CrediBULL Crypto shared insights on X, citing that XRP’s price has maintained levels above its highest monthly closing mark for nine consecutive months. This prolonged sideways trading mirrors past patterns from both Bitcoin (BTC) and XRP before major bull runs began.

Furthermore, XRP’s trading pair against ETH has reversed to a crucial support range, following an earlier 700% surge and three months of correction. Known as a mid-range level, this support zone has historically triggered renewed growth after similar corrections.

On the other hand, Ethereum seems to be entering a pause. Having completed a five-wave upward pattern — rising from near $2,100 to approach its all-time high — ETH appears poised for a cooldown. According to CrediBULL, this moment of consolidation gives XRP the edge to potentially surpass ETH in performance over the coming weeks.

“When you put all this together, it suggests we are getting closer to the next period of outperformance on $XRP against $ETH,” the analyst wrote.

Current XRP Market Trends and Potential Risks

As of now, XRP is valued at around $3.01, inching up 0.1% over the last 24 hours but reflecting a 4.6% decline over the past week. Based on figures from CoinGecko, XRP has moved within a tight range of $2.95 to $3.10 over the last day, and within $2.96 to $3.34 for the week. Despite this pullback, XRP remains resilient with an over 430% gain compared to the same period last year.

Technical analyst Ali Martinez previously emphasized the importance of the $2.80 price level for XRP. With more than 1.7 million tokens — worth over $5 billion — acquired by large investors around that price, it’s viewed as a key support threshold. Earlier this month, XRP tested this region during wider crypto market volatility, only to bounce back toward a resistance area near $3.30. Many traders believe that clearing the $3.26 resistance mark could open the door for a run toward its recent high of approximately $3.65.

However, analysts at CryptoPotato recently warned that if XRP fails to hold the $2.80 support level, it might slide as far as $2.10. Nevertheless, XRP appears to be showing strength when gauged against Bitcoin. It recently broke out of a long-term downtrend against BTC, crossing above both the 100-day and 200-day moving averages — typically a bullish sign suggesting stronger relative performance.

Related: XRP Price: $12M Max Pain for Bears

Analysts suggest XRP’s consolidation phase could lead to a significant move upward against ETH.