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Just noticed the XRP chart this month and there's something interesting. A quite significant bullish RSI divergence is visible on the monthly timeframe, plus the price just tested the upward trend support line that has held for 7 years. The combination of these two signals usually indicates hidden strength even though the price action looks weak.
Analyst JayDee said that if Bitcoin's dominance starts to decline drastically, it could be a momentum for a major XRP expansion. The profit-taking target reaches the $5.32 zone, which means XRP's market cap could break through $325 billion from the current $87 billion. That’s 4x the current level trading at $1.42.
What's interesting is that this bullish divergence pattern remains intact even if there’s a deeper shakeout first. So basically, there are two scenarios: either XRP rallies directly to the target, or there’s a pullback first before a bigger run in the next cycle. The key point is that the technical structure still has strong potential as long as BTC dominance doesn’t hold at high levels. Worth monitoring closely.