A well-known analyst, CrediBULL, has made a prediction that if Bitcoin manages to hold its current support level, there is a possibility of an XRP rally in the future. CrediBULL emphasizes the performance of XRP compared to that of Bitcoin. Even if Bitcoin's price drops to $53,000, CrediBULL is optimistic that XRP will continue to show an upward trend.

According to CrediBULL's analysis, the recent drop in Bitcoin's price could potentially trigger a rally for XRP, depending on how Bitcoin behaves in the market. CrediBULL pointed out that the XRP/BTC pair has returned to a support area, indicating the potential for XRP to outperform if Bitcoin's support holds firm.

CrediBULL also mentioned that Bitcoin had tested the support zone around $66,000 before rising back to $67,000. However, the price then dropped below $66,000, making it crucial for Bitcoin to maintain support at this lower zone to avoid further declines.

In a video analysis, CrediBULL mentioned that a worst-case scenario for Bitcoin could be a drop below $69,000, but even if Bitcoin tests the $53,000 level, it could still align with an upward trend. This movement in Bitcoin's price is being used by CrediBULL to predict potential outcomes for XRP.

After observing XRP testing the support level at $0.5846 following the drop in Bitcoin's price, CrediBULL believes that if XRP does not fall below this level, it could potentially increase towards $0.7400. Currently, XRP is trading at $0.6015.

CrediBULL suggests that the price direction of XRP may not solely rely on technical analysis but could be affected by external factors, such as the ongoing lawsuit involving Ripple and the tokens held by the company.