Three prominent cryptocurrency analysts have determined that a surge in XRP price against Bitcoin is imminent, with two of them touting the upcoming move as a “life-changing” opportunity.

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As the top and largest cryptocurrency by market cap, Bitcoin (BTC) continues to dominate the wider cryptocurrency market. However, not all altcoins have been following in the footsteps of the first-generation cryptocurrency, leading to both bullish and bearish biases.

Bitcoin outperforms XRP

XRP has been deviating from Bitcoin’s trend recently, but this deviation has caused Bitcoin to outperform XRP since July 2023. As a result, XRP price has plummeted 70% against Bitcoin since July 13, when XRP surged to $0.93 following a favorable ruling in the Ripple v. SEC case.

As XRP faces a correction from its $0.93 high, its price continues to fall against BTC. Moreover, in the recent market uptrend from October 2023 to March 2024, Bitcoin’s gains were much higher than XRP’s, further exacerbating XRP’s collapse against the premier crypto asset.

However, data confirms that this underperformance trend has been prevalent since XRP fell from its all-time high of $3.31 in January 2018. Market analyst EGRAG revealed this in a recent analysis, sharing a chart showing that XRP has been underperforming Bitcoin for five years.

XRP price needs to close above 0.00001 BTC

In his analysis, EGRAG drew attention to the importance of the 0.00001 BTC resistance level on the XRP/BTC two-week chart. The last time the XRP price exceeded 0.00001 BTC was on March 11, when it surged to a high of 0.00001031 BTC before falling slightly.

#XRP#BTCYOLO Bands - You Only Live Once (Updated): I am cautiously optimistic about the #XRP#BTCtrend unless we close above 0.000010. Back in 2017 we saw a YOLO Band rally followed by a 45% drop which was a life-changing buying opportunity.

XRP abandoned the 0.00001 BTC level the next day and has not been able to recover since then. EGRAG noted that he remains cautious about XRP’s optimism of breaking through BTC until XRP can record a 2-week close above the 0.00001 BTC area.

Interestingly, he identified a key support zone between 0.00004 and 0.00007 BTC, calling the area the YOLO band. He highlighted that the last time XRP price fell to this range was in 2017, following which it fell 45% against BTC before a massive price surge that ultimately reached an ATH of $3.31.

A life-changing move is imminent

EGRAG noted that this 45% drop was a life-changing opportunity for investors to buy XRP. He believes that this life-changing opportunity is about to reappear, predicting that XRP will fall to this range and drop 45% compared to BTC. However, he stressed that this drop would be the result of a surge in Bitcoin, not a crash in XRP.

Crypto analyst JD.com made a similar argument while utilizing a different pattern. JD.com’s chart shows that XRP has been underperforming BTC since January 2017, resulting in a 7-year symmetrical triangle. However, in the more recent sharp drop, XRP witnessed a retest of the lower trendline of this triangle.

#XRP/BTC - The next $XRP move will be life changing!