XRP Lags Behind as Bitcoin Dominates the Crypto Rally

XRP continues to underperform despite the broader cryptocurrency market's bullish momentum, with Bitcoin leading the charge. While XRP has reclaimed key technical levels—trading near $2.45 after breaking out of a descending channel and rising above its 100- and 200-day EMAs—its rally appears weak and hesitant. Trading volume remains lackluster, and the RSI hovers in neutral territory, offering little indication of a strong upward push.

Bitcoin’s explosive run, recently surpassing $111,000, is drawing significant capital, with ETFs alone seeing nearly $1 billion in inflows. This growing dominance is diverting investor attention and funds away from altcoins. Historically, when Bitcoin asserts market dominance, altcoins like XRP often struggle to gain traction, and that pattern is playing out once again.

XRP is currently supported between $2.30 and $2.35, but its inability to maintain post-breakout momentum underscores the market’s cautious stance. Broader altcoin sentiment is also subdued, with many Layer 1 and DeFi tokens unable to hold gains or generate meaningful interest. Regulatory uncertainty and inconsistent on-chain data further cloud XRP’s outlook.

Unless Bitcoin’s dominance begins to wane or XRP sees a significant volume-driven push above $2.60, the token may remain sidelined in this bull cycle. For now, XRP’s potential remains capped, overshadowed by Bitcoin's gravitational pull on market sentiment and liquidity.