Recently, my attention was drawn to an XRP analysis by a trader monitoring the monthly chart. He found something interesting—XRP shows bullish divergence in the RSI while also retesting an uptrend line that has held for seven years. He believes this combination could be a sign of hidden internal strength.

According to his projection, if Bitcoin dominance begins to decline significantly, XRP could enter its next phase of major expansion. He targets XRP’s market cap to be nearly $325 miliar, which means the price could reach $5.32 per token. Currently, XRP is trading at $1.39, far from that level. For context, this implies roughly a 4x gain from the current position.

But he’s also realistic—there’s a lower “pink box” scenario that could still happen, which he considers an opportunity to accumulate before the main rally. The key point is that the bullish divergence on the monthly timeframe will remain valid even if there’s a deeper pullback. So he basically sees two possibilities: continue upward directly, or drop once first before a larger long-term expansion.

This theory lines up with broader expectations in the community—when Bitcoin dominance falls, usually big altcoins like XRP get their turn. 2017 was a perfect example: Bitcoin dominance fell from 95% to 37%, while XRP jumped more than 70,000%. This time, XRP is already up more than 600% since the start of the year, but it’s still 60% below its 2025 peak. Everything depends on whether Bitcoin dominance will truly break down this year or next.