Analyst: XRP’s Next Rally Would Threaten Bitcoin Dominance

Mr. Alex Cobb, a well-known crypto market analyst, has argued that XRP could ignite a major price surge that might meaningfully challenge Bitcoin's long-standing dominance in the cryptocurrency market. Cobb's view arrives amid mixed market sentiment and recent corrections, but it is grounded in observed technical resilience: XRP has remained above key support zones, preserving investor confidence through volatile swings.

Technical context: An independent chart study by Mr. Charting Guy used Fibonacci retracement levels to examine XRP's long-term structure. According to that analysis, XRP is currently hovering around the 0.888 Fibonacci retracement near $2.44. Charting identified a robust support band between $1.61 and $1.70, a zone that was instrumental during XRP's explosive move in early 2021. The conclusion: XRP's market structure appears fundamentally intact and is likely consolidating before another upward leg, rather than flipping bearish.

Resistance and upside targets: If XRP breaks decisively above the immediate resistance zone near $3.31, Fibonacci extension targets point to potential price levels such as $8.29, $13.38, and $26.63. These targets imply possible returns spanning roughly threefold to elevenfold from current levels and, at extended valuations, would place XRP's market capitalization into the hundreds of billions to over a trillion dollars range — with extreme targets projecting near $1.6 trillion if prices reach the highest extensions.

Market implications: Mr. Cobb warned that a sizable XRP rally would likely make many Bitcoin investors cautious, as capital rotation and market attention could reduce BTC's share of total crypto market value. Today, Bitcoin remains dominant with a market cap above $2.24 trillion, while XRP is near $149 billion and sits roughly as the fifth-largest cryptocurrency. XRP has previously traded with a market cap near $210 billion, but to match Ethereum's current valuation (around $500 billion) XRP would need to appreciate to roughly $8 — and overtaking Bitcoin outright would require a far larger move (approximately +1,397% to reach near $38, assuming Bitcoin holds steady).

Time horizon and realism: While parts of the XRP community view a future challenge to Bitcoin as a long-term possibility — some projections even suggesting outcomes as late as 2030 — analysts caution that such scenarios depend on a wide array of market, regulatory, and adoption developments. Mr. Charting Guy remains cautiously optimistic about XRP's structure, but notes that Ethereum's technical strength and market position are also significant hurdles.

Context and sources: The discussion was amplified by social media commentary and reporting from Company Times Tabloid and reposts on X. Readers should note that these analyses combine technical charting and market perspective and are not financial advice.

Bottom line: XRP's current consolidation, supported by Fibonacci-based technical observations and identifiable support bands, leaves the token well positioned for a potential breakout. However, achieving the scale necessary to meaningfully threaten Bitcoin's dominance would require exceptional market moves and sustained momentum across the broader crypto ecosystem.