Market data shows that XRP currently holds a larger breakout against Bitcoin than it did before its 500% surge in November 2024.
Amid the ongoing market-wide downward pressure, XRP has not fared well against Bitcoin, as the crypto firstborn shows greater resilience against the bears. However, data indicates that XRP could be eyeing a sharp spike, as it has continued to defend a large breakout against BTC despite the current downturn.
Key Points
- With the crypto market suffering sustained turbulence, Bitcoin has shown more resilience than XRP, up 7.37% against the altcoin this year.
- Despite XRP’s mild underperformance, it has continued to defend a breakout against Bitcoin that played out in November 2024.
- Data shows that XRP recorded a similar breakout in April 2024, and what followed was the 500% rise in November 2024 after it defended the breakout for six months.
- The latest breakout was much larger than what the market recorded in April 2024, leading to suggestions of a more explosive surge of 620% in the future.
- Should XRP witness such a rally, it could take its price toward the $10 territory, marking a new all-time high.
XRP Defends Breakout Against Bitcoin
This suggestion came from Javon Marks, a well-known market commentator, despite XRP underperforming against Bitcoin since July 2025, when it dropped from its all-time high of $3.6.
For context, the XRP/BTC pair rose to a high of 0.00003070 in July 2025 when XRP’s price hit the $3.6 peak. However, as XRP pulled back, the pair saw a decline. This decline has persisted since then, with the XRP/BTC pair currently sitting at 0.00001959. This is because XRP has suffered steeper declines than BTC in the ongoing downturn.
However, Marks’ chart shows that XRP has continued to defend a breakout against Bitcoin despite its underperformance. Notably, in November 2024, the XRP/BTC pair broke above a descending trendline on the 2-week chart that had limited XRP’s potential since January 2018.
This breakout came as a result of XRP’s 580% rise from $0.5 to $3.4 by January 2025, lifting the XRP/BTC pair from 0.00000725 to 0.00003419 within the same period. Today, XRP/BTC has dropped from that peak to 0.00001962. However, the breakout level sits way below at around 0.00001, indicating that XRP has continued to defend a position above the trendline.
What Comes Next? Historical Data Gives Hints
Marks insists that XRP’s ability to defend this breakout shows a larger upsurge may be on the horizon, citing historical data. Interestingly, the analyst made a similar call as far back as June 2024, when he identified a similar descending trendline breakout on the 2-day timeframe.
Notably, XRP broke above a shorter descending trendline in April 2024, when the XRPBTC pair spiked above 0.00000860 at the time, hitting a peak of 0.00000902 by May 2024. However, after this peak, the pair faced a pullback and declined, as XRP started underperforming against Bitcoin.
Despite the consistent decline, XRP defended the April 2024 breakout, even as the XRPBTC pair dropped to 0.00000724 in November 2024. From here, the explosive November 2024 rally ensued, coming six months after the original breakout in April of that year.
Marks believes a similar trend could play out. He pointed out that the latest breakout on the 2-week chart marked a larger structure than the previous one on the 2-day chart. As a result, he expects XRP to rise 620% against Bitcoin this time. This would push the XRP/BTC pair to 0.0001410, translating to an XRP price of $10 at Bitcoin’s current price of $71,000.
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