• When Bitcoin slows down, altcoins often steal the spotlight – and XRP appears to be seizing the moment.
• But is a 27% rally a stretch – or is XRP about to prove the skeptics wrong?

Ripple [XRP] has dropped 27% from its $3.40 peak in less than a month, yet the RSI didn’t flash an ‘extreme’ overbought level.

Clearly, big gains were realized in the process, forcing weak hands to exit as the market turned volatile, creating a demand-supply imbalance.

Now, XRP outflows have surged to 123 million as the price plunged to $2.30, down 26% in a week. Is this the start of a new cycle – or just another bull trap?

A window of opportunity

Typically, when Bitcoin [BTC] consolidates, investors often turn to altcoins for risk management or quick gains.

The XRP/BTC pair seems to follow this trend. Over the past three days, it has turned green, rebounding from the same support level that once sent XRP soaring to $3.40.

At press time, XRP was outpacing Bitcoin with 3x the returns, triggering over $4 million in short liquidations, while Open Interest (OI) was up 1.4%.

Perpetual traders were regaining dominance, and buy orders were piling up.

With capital flowing from Bitcoin, retail interest surging, and Futures traders piling in, a push toward $3.40 – doubling from its current value – doesn’t seem far-fetched.

But with $2.50 acting as a strong historical resistance and market volat

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Author: Ripley G