Why XRP May Need to Fall Against Bitcoin Before It Wins Again: Analyst

Analyst ChartNerd said XRP may first need to retreat toward a long-standing demand area against Bitcoin before beginning another period of outperformance, challenging the idea that it simply tracks BTC. He cited earlier periods of relative strength after XRP/BTC returned to that zone in 2014, around 2020-2021 and 2024, and noted XRP later reached $3.65 in July 2025. XRP traded near $1.25 at the time, down almost 16% over a month, about half over a year and 65% below its record. Spot XRP ETFs drew just under $19 million in October, their seventh straight positive month but below August and September inflows.