XRP could outperform bitcoin as XRP/BTC chart shows rare Ichimoku breakout since 2018

2026-01-07 06:30:12

Source: CryptoNewsNet Original Title: XRP could outperform bitcoin as XRP/BTC chart shows rare Ichimoku breakout since 2018 Original Link: XRP slid to $2.27 after breaking below $2.32 support, but a high-volume flush into $2.21 drew bids and stabilized the move — leaving traders focused on whether the bounce can reclaim $2.31-$2.32 or if the market remains stuck in a descending channel.

News Background

XRP traders are weighing a short-term breakdown in spot price against a longer-term bullish setup on the XRP/BTC ratio.

Chartist “The Great Mattsby” said XRP/BTC is close to breaking above the monthly Ichimoku cloud for the first time since 2018, a shift that historically signals XRP is positioned to outperform bitcoin if confirmed. The setup is drawing attention as cross-asset rotation narratives start to re-emerge early in the year, even as spot markets stay sensitive to liquidity pockets and stop-driven moves.

That relative-strength framing matters because XRP’s latest selloff came with evidence of forced selling rather than a slow bleed — the kind of move that often resets positioning and sets up a cleaner technical base if buyers can hold key levels.

XRP0,09%

BTC0,24%

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