XRP Price Weakens as Double-Top Pattern Signals Risk Against Bitcoin

XRP’s recent performance against Bitcoin is flashing warning signs as the XRP/BTC chart forms a bearish double-top pattern. What once looked like the start of a powerful breakout now shows signs of exhaustion, raising concerns about the token’s ability to sustain momentum.

Earlier this year, XRP rallied strongly, climbing above its 200-week moving average and pushing into the 0.00003200 BTC region twice. Both attempts were rejected, however, leaving bulls unable to maintain higher levels. The repeated failures have shifted market sentiment, suggesting the breakout may have been a false alarm.

Currently, XRP/BTC is trading near 0.00002200 BTC, a critical support zone. Historically, losing this level often triggers further downside pressure toward 0.00002000 BTC. Analysts point to flattening moving averages across the board, reinforcing the idea that XRP’s upside momentum has faded and the market is leaning bearish.

For XRP, this price action marks another setback in its bid to outperform Bitcoin. The inability to sustain gains against BTC underscores the challenges altcoins face in capturing long-term dominance. While brief rallies have sparked optimism, the double-top formation now signals that momentum may have run out.

The broader crypto market continues to monitor whether XRP can defend its key support or if a breakdown is imminent. A failure to hold current levels could confirm the bearish structure and open the door for more losses. Until then, traders are watching closely, as XRP struggles to prove its strength against the largest cryptocurrency.