XRP/BTC Preparing for Final Step: Rise 164% Before Plummeting 90% - According to Analyst

The recent performance of XRP has been quite strong compared to Bitcoin over the past month. In the past few weeks, the XRP/BTC pair has quietly risen above the level of 0.00002100 and is challenging long-standing horizontal resistance levels. In the context of this development, a new technical analysis from cryptocurrency analyst JayDee has sparked controversy on social media, suggesting that XRP may soon rise sharply against Bitcoin before experiencing a catastrophic decline of 90%. The Last Biblical Move Will Cause XRP/BTC to Rise According to JayDee, XRP is entering the final stage of a multi-year structure compared to Bitcoin, and a spectacular breakout may be imminent. "$XRP is on the verge of making the FINAL MOVE compared to $BTC in the coming months," he wrote. As shown in the monthly candlestick chart of the XRP/BTC pair, shared by the analyst on the social media platform X, XRP/BTC is currently hovering around the resistance area after breaking out of the long-term descending triangle in December 2024. A thick green box displayed in the chart below indicates that the next move could be a rapid price increase, potentially allowing the XRP/BTC pair to reach a high of 0.00007. At the time of writing, XRP/BTC is trading at 0.00002649. Therefore, a rise to 0.00007 would represent a 164% increase from the current level and bring this currency pair to trading levels not seen since mid-2019. The green target area may appear when the resistance level of 0.00002700 is surpassed with sufficient trading volume for XRP. An important factor that could help XRP significantly outperform Bitcoin is if the XRP spot ETF funds are eventually deployed in the United States.

Supporting this point of view is a bullish crossover signal formed on the Stochastic RSI indicator, circled on the chart. The momentum indicator is currently sitting just above the 60 line, another sign that this currency pair may soon experience a strong rally. Once this bullish crossover signal is confirmed, the momentum will be very strong and follow the trend that many traders expect to see a significant price rise in a short period. However, the outstanding price performance of XRP compared to Bitcoin comes with a twist; this phase of excitement will not last. Prediction About the 90% Collapse of XRP/BTC Analyst JayDee warns that what happens after this final XRP/BTC move could spell disaster for most XRP holders. "Right before the HISTORICAL 90% crash, it will wipe out most investors," he added. The predicted collapse is illustrated in the chart image above with a large blue arrow pointing down to the pink area between $0.000009 and $0.000007. According to the structure, this decline will bring XRP/BTC back to test the long-term upward support trend line, which has been maintained since 2017. The XRP/BTC pair could drop 90% if the price of XRP falls sharply below 3 dollars and 2 dollars. Conversely, XRP could underperform and pull this ratio down lower even if the price of XRP does not fall sharply if Bitcoin regains its dominance and starts setting multiple new all-time highs.