Analyst Predicts What Will Happen If XRP Closes This Week in the Green
A weekly close could define XRP’s next major move. Entrepreneur and realtor Patrick L. Riley posted a long-term XRP weekly chart, highlighting a potential shift. Intriguingly, this doesn’t affect one asset’s price, but could change the structure of the entire crypto market.
Riley stated that if XRP closes next week in the green, “we could be looking at the next Bull Run and the end of Bitcoin’s dominance.” He described that outcome as “a whole new market.” At the time of his post, XRP traded at $1.5629, up 10.83% on the session.
What the Chart Shows
The weekly chart covers XRP’s full price history from 2014 to 2026. It uses a logarithmic scale, which better reflects percentage-based moves across long time periods. Several converging trendlines run across the chart. A large descending trendline runs from XRP’s 2018 peak downward. The chart also shows a long-term ascending channel in blue.
XRP’s Current Position
XRP broke above the upper boundary of the descending trendline in late 2024 after it rallied more than 500%. Since then, the asset hit an all-time high of $3.65 and has pulled back. It is now sitting directly at a crucial support level which was previously resistance. This is a textbook breakout. How long price holds here matters.
XRP currently sits around $1.52 and is retesting the downward trendline that has acted as resistance for over a year. However, the blue channel’s upper boundary projects a move toward triple-digit targets between $440 and $800 on the logarithmic scale if the asset can break out decisively.
Bitcoin Dominance and XRP
Riley’s reference to “the end of Bitcoin’s dominance” carries historical weight. Bitcoin dominance measures Bitcoin’s share of the total crypto market cap. When dominance falls, capital rotates into altcoins. XRP has historically been one of the primary beneficiaries of that rotation.
During the 2017 bull run, Bitcoin dominance dropped sharply. XRP surged from under $0.01 to over $3. A similar pattern emerged in 2021. XRP ran from under $0.30 to $1.96 as altcoin season took hold. Analysts who track dominance cycles watch XRP closely for this reason.
The Level That Matters
A green weekly close on XRP would signal that buyers are defending the breakout retest. That is the condition Riley has identified. The chart structure supports the idea that a confirmed hold here opens the path toward significantly higher targets within the established channels.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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