XRP vs Bitcoin: XRP Battles Key Resistance Again

XRP is again under the spotlight as the XRP/BTC chart presses against a critical resistance level — one that traders have marked for weeks. With this being the fifth test of the same ceiling in just a month, the community is eager to see if XRP can finally break through and gain ground against Bitcoin.

Crypto analyst CrediBULL Crypto recently highlighted the ongoing saga in a detailed analysis published on X. According to his evaluation, XRP/BTC is again facing stiff resistance at 0.00002162 BTC — a level it has attempted to surpass four times since early June. Each effort has been met with rejection, keeping XRP stuck beneath this barrier through multiple cycles.

A Pivotal Fifth Attempt
The 0.00002162 BTC level stands out because of its reliability in halting bullish runs. So far, the XRP/BTC pair has knocked on this resistance door repeatedly, only to get turned away. As it approaches this level for the fifth time, traders are preparing for a possible breakout that could finally turn the tide in XRP’s favor.

CrediBULL’s technical chart positions the resistance precisely on the 100% Fibonacci retracement level. This may be significant, as any successful daily close above the threshold could signify a confirmation of bullish momentum. If such a breakout occurs, the target shifts upwards to 0.00002646 BTC — a price tier that hasn’t been touched since April.

However, the flip side is just as possible. A failure to break through could send XRP sliding back down to its previous support at 0.00001938 BTC. This support zone has proved reliable twice in recent weeks, where price action rebounded shortly after hitting it. For now, this level remains a key line of defense for bullish traders.

Bitcoin’s Dominance Leaves XRP Behind

Amid this battle around a tight resistance band, the broader picture still shows Bitcoin commanding dominance across the crypto market. XRP, on the other hand, has had difficulty keeping pace. While Bitcoin repeatedly challenges its all-time highs, XRP has seen more muted movement, hovering around the $2 range. This disparity in momentum highlights the struggle for XRP to assert strength against the king of cryptocurrencies.

Still, if the XRP/BTC pair does manage to ascend to 0.00002646 BTC as projected, XRP could translate to a market value near $2.86. That would mark a significant leap from current levels, bringing it within striking distance of the long-anticipated $3 mark. From there, the resistance at 0.00003411 BTC sits as the next goalpost, potentially pushing XRP toward $3.70 — and setting the stage for revisiting its all-time high territory.

Long-Term XRP Projection Looks Bullish

While the immediate focus remains on breaking through this weekly resistance level, CrediBULL’s broader vision extends much farther. He envisions a future bull cycle where XRP dramatically increases its value relative to both Bitcoin and Ethereum. Drawing upon historical all-time highs and macro trends, he suggests that XRP holds the potential to climb back to $22 or even $30 if certain market conditions align.

In his projections, a $100,000 Bitcoin could be accompanied by a $22 XRP, while Ethereum scaling to $5,000 may afford XRP a valuation of around $18. These longer-term forecasts come with the caveat of assumed market synergies and aren’t standalone predictions, but they place XRP’s potential sky-high should crypto markets rally together.

More importantly, CrediBULL called these targets “conservative,” especially considering Bitcoin has already breached one of the key thresholds mentioned in his earlier outlooks. This enhances the narrative that XRP regaining strength against BTC or ETH could bring not just price appreciation, but a resurgence of interest and dominance within the crypto sphere.

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

All eyes now remain fixed on XRP’s fifth engagement with resistance. Whether this test ends like the earlier four — with loss of momentum and rejection — or ends in a breakout that flips market sentiment in its favor, the coming days are expected to provide crucial direction.