XRP Shows Signs of a Major Upsurge Against Bitcoin

The XRP/BTC ratio appears poised for a breakout above the volatility bands, indicating a potential bullish trend.

Key Takeaways:

• The XRP/BTC pairing is on the verge of breaking out of a long-term range, similar to bullish movements seen in April 2017.
• Expectations are that such a breakout could lead to a significant price surge, as history has shown.

Despite uncertain times for many cryptocurrencies due to a looming trade conflict, XRP displays strengthening signals. The ratio is hinting at a move beyond the upper Bollinger band, a notable indicator of potential bullish activity.

In the past, such breakouts have led to substantial increases in price, as seen with a nearly 200% rise in April 2017 after a comparable pattern.

Will history repeat itself? Only time will tell.