XRP's price has closely followed Bitcoin's recent price action, experiencing a 3.3% decline in the past 24 hours after a rejection from resistance.
Crypto strategist Cryptoinsightuk predicts XRP's next explosive rally to align with key phases in Bitcoin's dominance cycle, leading to an altcoin season.
Bitcoin dominance nearing the 70% mark historically signals the beginning of major altcoin seasons, potentially benefiting coins like XRP that have shown ability to outperform during such cycles.
XRP's next leap in price and new all-time highs are expected to coincide with Bitcoin breaking through the $104,000 to $117,000 range, leading to capital rotation into altcoins and a significant price increase for XRP.