According to @CryptoMichNL, XRP is displaying significant underlying strength that mirrors a pattern previously seen in Bitcoin (BTC) before its major price breakout. The analysis highlights a bullish divergence on XRP's weekly chart, where the price has remained resilient and range-bound between $2.00 and $2.60 despite the MACD histogram signaling a downtrend since March. This refusal to decline suggests that bullish traders are successfully absorbing selling pressure. The source points out that this is highly similar to the market conditions for BTC in 2024, when it also showed a bearish MACD divergence while trading sideways before eventually rallying from below $60,000 to over $100,000. This technical parallel suggests a potential for a significant bull run in XRP if it continues to follow Bitcoin's historical precedent.

According to @rovercrc, while Bitcoin (BTC) holds strong above $107,000, the broader crypto market shows signs of fatigue as major altcoins like Dogecoin (DOGE), Ether (ETH), and Solana (SOL) face profit-taking. Despite these pullbacks, the underlying market sentiment remains constructive, bolstered by positive macroeconomic developments and increasing institutional adoption. Augustine Fan of SignalPlus noted in a message that mainstream sentiment has improved significantly, driven by successful IPOs like Circle's and companies adopting BTC for their treasuries. In a separate message, Jeffrey Ding of HashKey Group stated that progress in U.S.-China trade talks and softer inflation data are creating a favorable outlook for digital assets. From a technical perspective, the analysis highlights a significant bullish divergence for XRP. Despite its weekly MACD (Moving Average Convergence Divergence) indicator signaling a downtrend since March, XRP's price has shown resilience, trading steadily in a range between $2.00 and $2.60. The source points out that this pattern of a bearish technical indicator failing to drive prices down is a sign of underlying strength and accumulation by bulls. This scenario is noted to be remarkably similar to the conditions observed in Bitcoin (BTC) in 2024 before it broke out from its range-bound trading near $59,000 to eventually surpass $100,000, suggesting a potential for a significant upward move in XRP's price.