XRP Set To Shock The Crypto Market With 30% Share, Analyst Predicts

Source Newsbtc

XRP’s market dominance may be on the verge of a historic breakout, with analyst Cryptoinsightuk (@Cryptoinsightuk) suggesting the token could command as much as 30% of the entire crypto market cap in this cycle—representing a fivefold surge from current levels.

30% XRP Dominance?

The bold projection stems from an emerging bullish structure on the XRP dominance chart, reinforced by a key technical signal: the three-day Relative Strength Index (RSI) has broken its multi-year downtrend for the first time since XRP’s last local highs. This shift, visible on the attached chart, signals a significant change in market dynamics, potentially marking the beginning of a new accumulation-driven expansion.

The analyst argues that XRP dominance has completed a textbook Wyckoff accumulation pattern. “We’ve pretty much completed a Wyckoff accumulation pattern, and I would argue we’re nearing the end of Phase D and about to enter Phase E,” they noted. According to the Wyckoff method, Phase E represents the breakout phase, where assets typically enter strong markup periods after prolonged accumulation.

This interpretation is supported by a side-by-side comparison of the theoretical Wyckoff schematic overlaid directly on XRP dominance price action. The analyst specifically points to the recent “Last Point of Support” (LPS) as confirmation that XRP is transitioning toward breakout territory, having already completed the “Spring” phase—a final shakeout that traps late sellers before a sustained rally.

“If that’s correct, we should see significant upside in XRP dominance,” the analyst continued, adding that the signal is particularly meaningful when viewed on the three-day timeframe, which filters out short-term noise and emphasizes broader cyclical trends.

In terms of concrete targets, the analyst acknowledges that consensus among market participants remains modest, with many expecting a peak in XRP dominance around 14%. However, CryptoInsightUK argues this is a gross underestimation of potential upside in the event that XRP reclaims narrative leadership in the crypto space.

“I believe we could push as high as 20%. There’s even a possibility we reach broader capital inflows accompanying a Bitcoin breakout to new all-time highs. Many are calling for a top around 14% dominance, but I believe we could push as high as 20%,” the analyst wrote. “There’s even a possibility we reach 30%, though I’m personally targeting the 20% zone, which would represent a 5x increase in dominance from current levels.”

XRP’s current market dominance sits below 6%, making the analyst’s 20–30% target not just ambitious but transformative. It would mark the first time since the early XRP rally days in 2017 that XRP commanded such a share of the crypto market.

The broader context driving this thesis is the possibility of a liquidity-driven crypto cycle, catalyzed by Bitcoin achieving new highs and investor capital rotating into alternative assets. “If this coincides with Bitcoin breaking out to new all-time highs and broader capital flowing into the market, I believe we could witness a major price expansion for XRP—one that few are currently expecting,” the analyst added.

At press time, XRP traded at $2.28.

XRP price
Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Outlook 2025As the Bitcoin market continues to mature, its 2025 outlook appears highly favourable, driven by institutional adoption and regulatory developments.
Author  TradingKey
Jan 23, Thu
As the Bitcoin market continues to mature, its 2025 outlook appears highly favourable, driven by institutional adoption and regulatory developments.
placeholder
Gold Price Forecast: XAU/USD attracts some sellers to below $3,350 amid tariff uncertaintyThe Gold price (XAU/USD) attracts some sellers to around $3,320 during the early Asian session on Monday.
Author  FXStreet
14 hours ago
The Gold price (XAU/USD) attracts some sellers to around $3,320 during the early Asian session on Monday.
placeholder
Tesla crashes along with gold and S&P 500 as Bitcoin makes highest weekly close everTesla stock opened the week with a red candle, falling to $315.35, a 0.095% dip that lined up with a broader selloff across US equities and metals.
Author  Cryptopolitan
13 hours ago
Tesla stock opened the week with a red candle, falling to $315.35, a 0.095% dip that lined up with a broader selloff across US equities and metals.
placeholder
Bitcoin Price Resumes Upward Move — Can It Break New Highs?Bitcoin price started a fresh increase above the $108,500 zone. BTC is now consolidating and might aim for more gains above the $110,000 resistance.
Author  NewsBTC
9 hours ago
Bitcoin price started a fresh increase above the $108,500 zone. BTC is now consolidating and might aim for more gains above the $110,000 resistance.
placeholder
Ethereum Price Pushes Higher — Eyes Set on Next Major BarrierETH is now back above $2,550 and might soon aim for more gains. Ethereum started a fresh increase above the $2,550 level.
Author  NewsBTC
12 hours ago
ETH is now back above $2,550 and might soon aim for more gains. Ethereum started a fresh increase above the $2,550 level.
goTop
quote