Although still below its previous peak, XRP has shown remarkable resilience following the recent market recovery. The altcoin has significantly outperformed Bitcoin, indicating its growing strength in the cryptocurrency landscape. This comes as analysts within the crypto sector are forecasting price increases, with expectations that XRP will continue to shine against major cryptocurrencies.
XRP Outshines Bitcoin and Ethereum
XRP advocate and lawyer Bill Morgan recently shared an insightful update regarding XRP’s price trajectory on social media. A screenshot posted demonstrated XRP’s exceptional performance compared to both Bitcoin and Ethereum.
The XRPUSDT trading pair showed a weekly increase of 9.96% at the time of the update. In contrast, the XRP/BTC trading pair only saw a modest rise of 1.18% over the same week, with merely a 1.50% gain in 24 hours. When evaluated against Ethereum, the situation was even less favorable, as the XRP/ETH pair experienced a significant decline of 20.73% over the week and a 5.18% drop within the last day.
Mysterious Indicators Suggest an Upsurge
Crypto analyst MasterAnanda has identified an unusual signal on the XRP price chart that suggests a potential breakout. This signal is characterized by rapidly changing candlestick formations during both bullish and bearish market cycles, demonstrating the price volatility associated with the altcoin.
One notable observation from the analyst recalls that back in December 2024, XRP produced large candles peaking at the start of the month, a trend that persisted even as the price began to decline.
Similarly, in January 2025, the formation of larger candles recurred as prices peaked once more, continuing this pattern into April amid high volatility and significant price fluctuations.
However, a notable shift in the candlestick pattern began in mid-April, with diminishing volatility and smaller candles appearing while prices continued to rise. The analyst views this as a positive sign, with XRP experiencing slight dips without setting new lower lows, indicating a bullish trend.
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“During bearish market conditions, prices were actively declining,” MasterAnanda shared. “Currently, the market is showing bullish characteristics; when encountering resistance, the absence of bearish pressure indicates a phase of consolidation before further growth.”
If this bullish indicator materializes, the analyst suggests that XRP could plan a rally toward $3.6. This would represent an increase of over 50% from its current standing, potentially leading it to new all-time highs.
