One market analyst has issued a blunt warning to the XRP community, arguing that the token has significantly underperformed Bitcoin despite months of optimism from supporters.
While Bitcoin surged from roughly $60,000 to $80,000 over the past three months, XRP has largely traded sideways, fueling growing concerns about its relative weakness against the market leader.
XRP Has Continued Losing Strength Against Bitcoin Since 2017
UK based technical analyst ChartNerd shared his concerns in a recent post, stating that the gap between XRP community expectations and the asset’s actual market performance has become increasingly difficult to ignore.
According to the analyst, XRP has consistently underperformed Bitcoin since 2017, with little evidence of a major reversal in trend.
He pointed out that while Bitcoin rallied strongly over recent months, the XRP to BTC trading pair lost its 20 period exponential moving average, a technical indicator commonly used to track medium term momentum between assets.
The breakdown pushes the XRP/BTC pair closer to the lower end of its long term range.
Historically, that area has occasionally preceded major periods of XRP outperformance against Bitcoin, including a sharp rally seen in November 2024. However, ChartNerd stressed that the current setup does not yet confirm a bullish reversal.
Instead, he believes the breakdown itself is currently the dominant signal.
In another update published on May 21, the analyst revealed that the XRP/BTC pair had declined for 15 consecutive weeks, helping explain why XRP’s USD price has remained mostly stagnant during the same timeframe.
As a result, he expects XRP will likely continue underperforming Bitcoin through much of the year.
Short Term Outlook Remains Weak
At the time of writing, XRP was trading around $1.36, moving within a narrow daily range between $1.34 and $1.37.
ChartNerd identified the $1.30 level as a key support zone, while suggesting that the $1.40 area could act as significant resistance if XRP attempts a recovery.
He also outlined a broader bearish scenario in which XRP could eventually fall toward the $0.90 to $0.70 range if overall market conditions weaken further.
Additionally, the lower boundary of XRP’s two week regression band is currently positioned near $1.00, which may serve as another important level to monitor.
Meanwhile, Bitcoin has stabilized near $77,000 after briefly dropping below $75,000 last week. The cryptocurrency regained momentum following reports of progress in US and Iran peace negotiations.
Bitcoin dominance across the crypto market has also remained above 58%, a factor that continues to pressure most altcoins, including XRP.
When Bitcoin absorbs the majority of market capital flows, altcoins typically struggle to keep pace, contributing to XRP’s ongoing relative weakness.#cryptp#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
