XRP's 12% Surge: A Sign Of Strength Or Bitcoin's Weakness?

While XRP XRP/USD surged 12% over the past seven days, Bitcoin BTC/USD has been struggling with sideways movement, weighed down by macro uncertainty, according to a prominent trader

What Happened: Crypto trader CrediBULL Crypto highlighted in a post on X on Friday that XRP is reaching key resistance levels earlier than expected, while Bitcoin has yet to break above $100,000.

Initially, traders expected XRP's move to align with a BTC breakout, but now there's uncertainty about whether this signals XRP's relative strength or Bitcoin's weakness.

Given this, CrediBULL removed BTC bids at $94,100, opting to closely monitor XRP, Bitcoin, and the broader market in the coming days before making further moves.

Also Read: XRP Rallies 10% In 24 Hours: What Is Going On?

What's Next: More Crypto Online sees the XRP price testing the February high at $2.80 as a breakout point.

A decisive move above this level would shift focus to the next resistance at $3.40.

While the price may be taking a more direct path higher, the overall bullish structure remains intact, supported by strong reactions to key levels.

On the downside, a break below $2.54 would signal a potential local top, while a drop below $1.96 would give momentum to a bearish scenario.

While crypto trader Ali Martinez predicts Bitcoin is primed for a breakout, confirmation is the key before the next move.

Trader Jelle remains optimistic on Bitcoin's trajectory, noting that open interest (OI) and funding rates have dropped significantly, with BTC forming a higher low.

He believes this is a healthy consolidation before the market resumes its uptrend.

#Bitcoin still chopping around, just below $100,000.

OI & funding down significantly over the past few weeks, with a higher low locking in.

Healthy market – resume the uptrend soon. pic.twitter.com/ezEcJJQL4h
— Jelle (@CryptoJelleNL) February 14, 2025

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