XRP is again gaining relevance, as the traders are starting to pose a new question regarding the cryptocurrency market: what will happen if the BTC price falls below the $70,000 mark and continues its plunge towards $50,000?
This debate emerged after the crypto market analyst Alex Wacy indicated that the price of Bitcoin currently stands at a significant crossroads. According to him, there are two possible outcomes from where we stand now. One of them is when the BTC price stays above $70,000.
But if that support breaks, the trendline structure weakens heavily, opening the door for a drop toward $50,000 to $60,000. For altcoins like XRP, that matters a lot because large Bitcoin corrections usually drag the rest of the market lower with it.
What you'll learn 👉
Why Traders Are So Focused on the BTC Price
Wacy described the current Bitcoin setup as a potential bull trap, where traders start turning bullish too early before the market reverses lower again. His entire thesis revolves around one level: $70,000.
In case buyers continue to hold this position, the whole cryptocurrency market is likely to stabilize and start recovering. However, should the BTC price drop below that level, market participants will see the rise in altcoin volatility as an inevitable thing.
The XRP price started showing signs of weakness without any breakdown in Bitcoin happening yet. The coin managed to spike above $1.55 during its latest rally but was unable to keep its momentum and moved down to the $1.37 area.
One more important aspect regarding XRP is the fact that the CLARITY Act has been advanced by the Senate Banking Committee in May 2026, which is quite significant for U.S. regulation and institutional trust in markets.
XRP has demonstrated some steadiness regarding the institutional inflows despite the overall crypto outflows. ETFs managed to attract $67.6M worth of investments despite the fact that $1.07B was withdrawn from digital asset products.
Read Also: XRP and Solana Price Outlooks as Goldman Sachs Exits XRP and SOL ETF Positions
The XRP Price Is Still Trading Below Resistance
We had a look at the XRP chart, and the short-term structure still leans bearish. The XRP price remains below the 100-period moving average near $1.42, which traders continue treating as the main resistance zone.
Price action has also been forming lower tops in recent trading sessions. The RSI has declined to 32.63, nearing oversold conditions, but the pullback is looking relatively well-managed rather than panicked.
The most prominent support area lies at $1.35-$1.37. In case sellers manage to break through that range in the context of a broader Bitcoin downtrend, traders may begin to aim for $1.30 initially before heading towards $1.24 later.
On the other hand, bulls are not yet out of the picture. Should XRP be able to reclaim the $1.42 mark and break above $1.50 afterwards, momentum may pick up speed rapidly.
ChatGPT’s XRP Price Prediction If Bitcoin Falls to $50K
If the BTC price falls towards $50,000, ChatGPT indicates that the XRP price may fall into the $0.95-$1.20 range in the early stages of the BTC correction.
This forecast implies that the BTC price falls below the $70,000 support level and market sentiment deteriorates in the whole crypto space. Altcoins usually see bigger percentage drops than Bitcoin when market conditions worsen, and that is the reason why traders take this scenario seriously.
Everything still depends on the BTC price and its ability to defend the $70,000 support zone. In case the BTC price manages to stabilize and starts rising, the XRP price may return to the $1.42-$1.50 resistance zone soon. On the other hand, in case the BTC price accelerates southwards towards $50,000, XRP will find it hard to defend its current support levels.
For now, traders remain careful. Although the XRP price has several good narratives in terms of regulation and institutions, the technical picture on the chart is rather fragile amid the waiting for Bitcoin’s next move.
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