XRP/BTC Retests Six-Year Breakout Trendline, Analyst Calls For A Decoupling

An analyst, X Finance Bull (XFB), predicts XRP will soon outperform Bitcoin based on the XRP/BTC monthly chart. This chart has broken a long diagonal resistance line that capped XRP since 2018. The price tested the trendline as support after breaking out, signaling the start of a new momentum phase. The mid-October flash crash briefly dipped below the trendline but quickly recovered. XRP has since recovered against Bitcoin, closing above the diagonal resistance. This confirms the end of XRP’s multi-year underperformance against Bitcoin. The analyst expects a significant rally for XRP, outlining target zones at 0.00014688 and 0.00023009 BTC. Reaching these targets would mean a 6x to 10x gain compared to Bitcoin. The analyst attributes the bullish outlook to Ripple's growing institutional ecosystem and its real-world utility. These partnerships position XRP for potential outperformance in the coming months. The decoupling of XRP/BTC could be a major event for XRP if current trends continue. XRP is trading at $3.63, reflecting a 3.5% increase in the last 24 hours.