Prominent market analyst Cryptoinsightuk has shared a detailed analysis of XRP’s market cap dominance, emphasizing a potential shift in momentum. In a recent post on X, he presented a 3-day chart showing XRP.D, the digital asset’s market share relative to the overall crypto market, sitting at approximately 4.56%, slightly above a key historical range. $XRP.D still chopping around above our previous range at 4.5% market share ish. A solid break and close above the White line would indicate $XRP is about to outperform the rest of the market significantly pic.twitter.com/GOKkv8iS6z — Cryptoinsightuk (@Cryptoinsightuk) April 11, 2025 Wyckoff Accumulation Pattern Suggests Strength The chart outlines a Wyckoff accumulation structure, which is often used to identify long-term accumulation before a breakout. A Wyckoff accumulation pattern is a technical analysis framework that identifies a period where large investors gradually buy an asset at low prices before a significant price increase. The pattern typically unfolds in phases, including a selling climax (SC), tests of support (ST), a spring (a final shakeout or false breakdown), and a sign of strength (SOS), leading to a breakout. It foresees a bullish trend reversal after a downtrend or long consolidation. According to the analysis, XRP.D has moved through these phases and entered a Sign of Strength (SOS) following a Spring in early 2024. While the asset experienced a minor push, the main rally began in late 2024 following a period of massive whale accumulation and culminated in a multi-year peak just below the crucial resistance level at 6.13%, which it hit in 2021. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 It now consolidates just above the Last Point of Support (LPS). Cryptoinsightuk highlighted the 6.13% level. This line represents a significant resistance level that has historically acted as a ceiling for XRP’s market share. Experts have predicted that XRP will outperform the rest in the market in the coming months, and Cryptoinsightuk noted that a solid break and close above this resistance level is the indicator to look out for. Potential Implications for XRP The technical structure presented implies that XRP could be transitioning into a new phase of strength within the broader crypto market. A clean breakout above 6.13% dominance would reinforce the Wyckoff thesis and suggest that XRP is set to gain market share relative to other assets. This would represent a notable shift from its previous range-bound behavior. The analyst highlighted potential targets on the chart at 14.22%, 20.87%, and 31.23%, the digital asset’s all-time high on the dominance chart. The digital asset has shown strength on the dominance chart recently, and crossing this crucial threshold could kickstart the price rally the entire market is anticipating. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Chartist Says XRP Is about to Massively Outperform the Rest of the Market. Here’s why appeared first on Times Tabloid .
