XRP Price Recovery Linked to Bitcoin’s Performance, Analyst Warns

The price of XRP is seeing a notable rebound as the broader crypto market recovers from a prolonged downtrend. Despite being over 43% below its all-time high, an analyst notes that XRP's future rally depends on Bitcoin's recovery.

XRP's Dependency on Bitcoin

  • Market expert ‘Guy on Earth’ warns that XRP is maintaining a critical support level and its rally relies on Bitcoin's behavior.
  • The altcoin market has experienced stress and requires Bitcoin to recover for altcoins like XRP to regain momentum.
  • Recently, BTC rose by roughly 7%, trading above $93,000, while XRP increased by more than 9% to $2.19, showing a correlation between their movements.
  • Despite the recovery, caution is advised as XRP faces resistance at higher levels with a declining Relative Strength Index (RSI).

XRP

Potential XRP Bullish Outlook

  • Analyst Amonyx predicts a significant crypto supercycle in 2026, potentially boosting XRP's price.
  • Past altcoin cycles show massive surges followed by cooldowns; the upcoming cycle could be stronger, possibly increasing XRP's price 10x to approximately $22.

XRP