If you’ve been deep into crypto for the past few months, you must enjoy days like this since we didn’t have many this year. Bitcoin is now above $93.5k, the highest level in the last almost 2 months.
A lot of altcoins are recovering nicely too from February, March and April crashes. One of those altcoins is XRP, as it gained 8% today, now trading above $2.25.
What you'll learn 👉
XRP’s Recent Breakout Shows Promising Momentum
Looking at the 4-hour chart, XRP has broken out strongly and now trades around $2.25. This represents an 8% gain today, with a powerful bullish candle that pushed through a period of tight consolidation. The price has moved significantly above the 200-day moving average, which sits near $1.96.
The breakout appears decisive, indicating buyers have taken control. While the RSI (14) on the 4-hour timeframe reads 77, suggesting overbought conditions, this often signals continued momentum in a strong trend rather than an immediate reversal.
When we examine the weekly indicators, we get a more nuanced picture. The CCI at -67.10 shows a market that’s just starting to recover from a correction. The Ultimate Oscillator at 60.25 sits in bullish territory, indicating building buying pressure over the medium term.
However, the Rate of Change (ROC) at -30.63 remains very bearish, suggesting recent price momentum is still weak compared to previous weeks. The Bull/Bear Power at -0.1516 is nearly neutral but slightly bearish.
These weekly indicators together suggest XRP is in a transition phase – emerging from bearish territory but not yet fully in bull mode.
Read also: How Much Could $2,000 in Ripple (XRP) Be Worth at the Peak of the Bull Run?
The Race Between XRP and Bitcoin
Bitcoin currently trades at $93,000, its highest point in 50 days and just 7.5% away from the symbolic $100k mark. This creates an interesting race scenario for XRP.
For XRP to reach $3.00 before Bitcoin hits $100k, it would need to rally another 33% from its current level while Bitcoin’s rise stays relatively measured. Is this possible?
The bullish case suggests yes, but the XRP price would need to move quickly. If XRP can reclaim the $2.40-$2.50 resistance zone soon, momentum could accelerate. A scenario where Bitcoin enters a slower consolidation phase near $95k would give XRP and other altcoins more room to play catch-up. Additionally, positive Ripple-related news about lawsuit closure or new banking partnerships could provide the catalyst needed for a stronger rally.
On the bearish side, if Bitcoin rushes toward $100k in a straight line, capital might rotate into Bitcoin, stalling altcoin rallies. The negative weekly ROC suggests XRP hasn’t yet built a solid long-term base for sustained movement. Without maintaining this breakout and pushing above $2.50 soon, reaching $3 in the very near term might be challenging.
The window for XRP to hit $3 before Bitcoin reaches $100k is tight but possible. This scenario depends on the current breakout developing into a broader altcoin rotation wave, with XRP holding above the $2.20-$2.30 support while successfully flipping the $2.50 resistance level. Without these conditions, XRP may still reach $3, but likely after Bitcoin has already crossed the $100k milestone.
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