The breach of the 200-week moving average on the xrp/btc chart is a significant technical event, indicating a loss of relative strength against bitcoin. this could lead to a substantial price drawdown as identified by the potential 47% technical drawdown.
The price is expected to move downwards against bitcoin due to the breakdown of a key support level, which now acts as resistance. the potential for a 47% drop indicates a strong bearish sentiment for xrp relative to btc.
The 200-week moving average is a long-term indicator, and its breach suggests a potentially prolonged period of underperformance for xrp against bitcoin, wiping out significant past gains.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. On the XRP versus Bitcoin chart by TradingView , a critical breakdown has been recorded as the altcoin moved below the 200-week moving average for the first time since November 2024. The level of 0.00001824 BTC, which for years served as "concrete" support for the uptrend, is now left above. Advertisement This is technical confirmation that XRP is officially losing value relative to Bitcoin , despite any external successes. The decline is happening under "sterile" conditions for XRP. The asset no longer has legal issues as the SEC has recognized it as a commodity, and spot ETFs are steadily injecting liquidity with $81.63 million in inflows since the start of April. HOT Stories $1.71 Trillion T. Rowe Price Advances With New Crypto ETF for XRP and SHIB; $96,600 Bitcoin Is Valid Outlook: Bollinger Bands; Dogecoin Ends $0 ETF Streak as DOGE Price Targets $0.1 - Morning Crypto Report Hyperliquid (HYPE) Regains 101% in Weekly Futures, Ethereum (ETH) Suddenly in Downtrend, Bitcoin (BTC) Has 1 Week Left: Crypto Market Review XRP/BTC weekly chart with 200-week moving average (red), Source: TradingView But the raw numbers on the chart show that legalization did not become fuel. The market clearly demonstrates that institutional interest in Bitcoin , with $2.43 billion in ETF inflows in April alone, is simply draining the life out of the XRP/BTC pair. Advertisement Why the 200-Week Breakdown Darkens the XRP Price Outlook Despite ETF Gains The breakdown of the 200-week curve turns former support into strong resistance. Now any upward move of XRP against BTC will face this psychological and technical barrier at 0.00001824 BTC per XRP. Moreover, the path toward testing the accumulation levels of 2024 is now open, which effectively wipes out all progress of the past year and a half in this pair. According to XRP/BTC volume data on Binance, the main cluster is concentrated precisely at 0.00000963 BTC, which is nearly 47% below current XRP levels. You Might Also Like Tue, 04/28/2026 - 12:17 $1.71 Trillion T. Rowe Price Advances With New Crypto ETF for XRP and SHIB; $96,600 Bitcoin Is Valid Outlook: Bollinger Bands; Dogecoin Ends $0 ETF Streak as DOGE Price Targets $0.1 - Morning Crypto Report By Gamza Khanzadaev Advertisement What stands before us is a picture of emerging devaluation against the backdrop of ideal news - XRP has lost the battle for attractiveness to the first cryptocurrency . Now the question is not "when growth", but where the altcoin will be able to find new ground if the 200-week threshold no longer holds. #XRP #Bitcoin #XRP Price Analysis #XRP Price Prediction #XRP News #Ripple News