I have observed an interesting technical setup on XRP that looks quite strong. An analyst named JD is saying that a hidden bullish divergence is appearing on the monthly chart, and XRP has retested its seven-year upper trendline. This is providing good confirmation with RSI.

If Bitcoin's market dominance (BTC dominance) declines, XRP could enter its next major expansion phase. JD estimates that if this scenario plays out, XRP could reach a market cap of around $325 billion, which would be approximately $5.32 per token. This is about four times the current valuation of $85.62 billion today.

However, JD also warned that a "pink box" scenario is possible—that is, a deep decline that could present a significant accumulation opportunity for the next bull cycle. But it’s also important to note that even if that happens, the hidden bullish divergence will still remain on the monthly chart.

Other analysts also believe that a historic drop in BTC dominance could trigger a powerful altcoin rotation. In 2017, when Bitcoin's share fell from 95% to 37%, XRP surged over 70,000%. This time, XRP has already moved from $0.49 to its 2025 high of $3.66, a 600% increase, but it is still trading about 60% below that high.

Currently, BTC dominance has not experienced a major structural decline. But if it weakens in the coming months, liquidity shifts into large-cap altcoins like XRP could trigger a second wave upward. XRP holders are waiting for this altcoin rotation.

This is just analysis, not financial advice. Do your own research.