Regarding the medium-term trend of Ripple (XRP), the market is once again showing bullish signals. Cryptocurrency analyst Bird pointed out that the structural changes in Bitcoin market dominance (BTC Dominance) are recreating the historical pattern that has repeatedly driven XRP to surge significantly in the past. XRP may be on the verge of a new strong rally.
Bird reviewed that during 2018, 2021, and 2024, three major upward movements of XRP occurred after Bitcoin market share weakened significantly. In 2018, this trend directly pushed XRP to a new all-time high; similarly, in 2021, after Bitcoin market share retreated from its high, XRP also experienced a parabolic rise.
Entering 2024, Bitcoin market share briefly broke below the long-term trendline, prompting XRP to rapidly surge. However, due to Bitcoin’s subsequent rebound, this rally was short-lived. Nevertheless, even this “unconfirmed” pullback was enough to push XRP to refresh its stage high.
From a longer cycle perspective, between 2023 and 2025, Bitcoin market share continued to rise, and after recently breaking below the upward trendline, it experienced a rebound. Bird believes that the current position closely overlaps with the area before XRP’s main upward wave in history, and the structural strength of this cycle is significantly higher than previous ones.
He further pointed out that if Bitcoin market share breaks below the trendline and confirms a downtrend, the target zone could drop to 40%–44%. Once this scenario materializes, XRP is not only expected to strengthen but may also enter a true price discovery phase, with potential for a breakout into double digits.
From the market perspective, XRP’s current price mainly operates within the $2.12 to $2.14 range, a clear pullback from the December 2025 high of about $3.20, but it still remains above key support levels. Technical indicators show the market is in a consolidation phase, with the 14-week RSI around 44–45, indicating neutral momentum; MACD is in the negative zone but the histogram is flattening, suggesting downward pressure is weakening.
On-chain data from Cryptoquant shows that since mid-December, whale inflows into major liquidity channels like Gate have significantly decreased. Currently, whales account for about 60.3% of total XRP inflows, while retail investors make up 39.7%. As large holder activity declines, no significant retail accumulation has occurred, indicating that short-term selling pressure is naturally easing.
Overall, XRP is entering a re-accumulation phase after a rapid rally and correction. The market direction still depends on further confirmation of Bitcoin market share, but historical signals suggest XRP may be near a critical turning point.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Why the Wealthy Are Doubling Down on Bitcoin-Backed Debt
The Xapo Digital Wealth Report for Q1 2026 highlights a major shift in how high-net-worth individuals manage their bitcoin, moving away from active trading and toward long-term capital preservation.
Key Takeaways:
Xapo members increased active bitcoin-backed loans by 8.9% in Q1 2026 to avoid
Coinpedia2m ago
Fraudsters Posing as Iranian Authorities Demand Bitcoin, USDT Payments from Ships at Strait of Hormuz
Gate News message, April 21 — Scammers impersonating Iranian authorities have targeted shipping companies with vessels stranded west of the Strait of Hormuz, demanding Bitcoin and Tether (USDT) payments in exchange for safe passage, according to maritime risk firm Marisks.
The fraudsters
GateNews59m ago
Bitcoin Spot ETFs Post $1B Net Inflows Last Week, Largest in 3 Months
Abstract: Bitcoin spot ETFs attracted about $1 billion in net inflows last week, led by BlackRock's IBIT with $906.1 million and Morgan Stanley's MSBT with $71.1 million in its first full trading week, following $786.3 million the previous week.
Summary: Bitcoin spot ETF inflows totaled about $1B last week, the largest in three months; IBIT led with $906.1M, while MSBT added $71.1M in its first full week.
GateNews1h ago
Bitcoin Tops $75K as Ceasefire Hopes Drive Rally
Bitcoin rose on ETF demand while miners sold BTC; margins tightened and AI/HPC-focused pivots could turn miners into AI data-center players, potentially boosting valuations as AI demand grows.
Abstract: Bitcoin rose on ETF demand amid miner selling and tight margins. The report highlights a strategic pivot by public miners toward AI/HPC infrastructure, signaling a potential shift from pure bitcoin mining to AI data-center services and higher valuation multiples.
CryptoFrontier2h ago
BlackRock IBIT Adds 3,355 BTC in $256M Institutional Inflow on April 20
IBIT led Bitcoin ETF inflows with $256M (≈3,355 BTC) on Apr 20, pushing total spot-ETF inflows near $58B and assets over $100B, underscoring rising institutional demand and access via regulated ETFs.
Abstract: This report notes that BlackRock's iShares Bitcoin Trust (IBIT) attracted $256 million in net inflows on April 20, about 3,355 BTC, signaling robust institutional interest in Bitcoin spot ETFs. IBIT dominated daily flows, with Bitcoin ETF inflows totaling over $238 million for the day and cumulative spot ETF inflows approaching $58 billion; overall spot Bitcoin ETF assets exceed $100 billion, representing more than 6% of Bitcoin's market cap. The trend suggests growing institutional confidence in Bitcoin as a long-term asset, aided by regulated access and simplified custody; IBIT remains the leading issuer, though Fidelity and ARK Invest are also attracting capital.
GateNews2h ago
Oil Price Surges 5% as Hormuz Goes Dark and US Seizes Iranian Vessel
Oil price news Monday showed Brent crude jumped 4.3% to $94.18 and WTI rose 5.6% to $88.54, reversing Friday's 9% collapse as Iran reimposed Strait of Hormuz restrictions over the weekend, the US Navy seized the Iranian cargo vessel Touska, and Kpler maritime data recorded zero tanker crossings of t
Cryptonews3h ago
