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\n\t\t\t\t\t\t\t\t\tThe analyst is saying that XRP has badly lagged Bitcoin despite several months of optimism from parts of the community.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
XRP has spent the better part of three months going nowhere while Bitcoin (BTC) climbed from around $60,000 to $80,000, and one chart analyst is done pretending otherwise.<\/p>\n
According to them, the gap between community expectation and actual market performance has rarely looked wider.<\/p>\n
UK-based technical analyst ChartNerd laid it<\/a> out plainly in a post on Monday:<\/p>\n \u201cI\u2019m sorry to break this to my $XRP community. I\u2019m just tired of the constant hopium: we have been underperforming Bitcoin since 2017, with NO signs of any major rotation. In fact, over the last 3 months, BTC has climbed 60K-80K while $XRP\/BTC has lost its 20 MEMA.\u201d<\/p>\n<\/blockquote>\n That 20-period exponential moving average on the XRP\/BTC pair is a metric traders use to track medium-term momentum in one asset relative to another. Losing it, as ChartNerd\u2019s chart shows, puts the pair back toward the bottom of its long-term range.<\/p>\n Historically, that lower zone is where XRP has delivered its most explosive outperformance against Bitcoin, including the one in November 2024. But the analyst is careful not to spin that as a near-term buy signal. The pattern has to confirm first, and right now, the breakdown is what has confirmed.<\/p>\n \u201cWhile BTC has climbed 60-80K, $XRP has done nothing but trend sideways, all while the XRP\/BTC pair is breaking down,\u201d ChartNerd added in a follow-up post.<\/p>\n<\/blockquote>\n In a separate May 21 update, the analyst noted the XRP\/BTC pair had been declining for 15 consecutive weeks, directly explaining why XRP\u2019s USD price had gone essentially flat over the same period.<\/p>\n \u201cI expect $XRP will likely underperform against Bitcoin for the majority of the year,\u201d he wrote.<\/p>\n<\/blockquote>\n The short-term picture is similarly subdued, with XRP trading around $1.36 at the time of writing, within a tight 24-hour range of $1.34 to $1.37.<\/p>\n ChartNerd has identified $1.30 as a key support level, and he expects resistance in the $1.40 territory on any recovery attempt, describing that zone as a potential support\/resistance flip.<\/p>\n His longer-range bear case points toward the $0.90-$0.70 area if broader conditions deteriorate, while he has noted<\/a> that XRP\u2019s 2-week regression band lower boundary is currently sitting near $1.00.<\/p>\n Bitcoin, meanwhile, is trading around $77,000 after a rough stretch that saw it drop<\/a> to just above $74,000 last week. However, it has recovered<\/a> on news of progress in US-Iran peace talks, and its dominance over the rest of crypto has remained above 58%.<\/p>\n That high dominance figure is itself part of what is weighing on XRP and most altcoins: when Bitcoin is absorbing the majority of capital flow, altcoins tend to lag.<\/p>\n\n
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Subdued Short-Term Outlook<\/h2>\n
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