Cryptocurrency analyst JD has released a technical analysis of the XRP/BTC trading pair, highlighting significant changes for investors in 2025.
Technical Analysis of XRP/BTC
JD outlined a comprehensive data array covering the period from 2017 to 2027, emphasizing a large descending triangle that he believes has finally broken upward. He points out that the breakout above the long-standing downtrend line signals that 2025 could be a defining year for XRP investors.
Support Level Must Hold
The analyst noted that the area around 0.00002500 BTC serves as 'very strong support' that 'needs to hold.' This level has impacted past market cycles, serving as both support and resistance. If XRP can sustain its momentum, the next crucial price target may lie above, which could lead to an increase in XRP's market dominance relative to Bitcoin.
Predictions and Expectations for 2025
When asked about what the green area might represent in USD terms, JD expressed that he expects it to be in 'two digits,' potentially indicating an XRP valuation above $10, depending on BTC prices and market conditions. JD also indicated that the timing of the breakout is not defined, but the pattern's structure suggests that the upcoming months will be critical.
JD remains cautiously optimistic regarding XRP, but the key to a bullish scenario will be XRP's ability to maintain support above the breakout level.
