Following an explosive rally of 320% at the beginning of the year, it seemed that $XRP's outperformance of Bitcoin had come to an end. Currently, one $XRP token is estimated to be worth 0.00002541 $BTC, which is 25.81% below its peak value.
For many, this marked the end, but Bollinger Bands support the opposite thesis — and they do so on the weekly timescale. $XRP has just defended its mid-band versus Bitcoin on the weekly chart, making the scenario of testing the higher band at 0.000026 $BTC more probable for now.
This would be 16% higher than the current price.
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