Analyst: XRP may be gearing up for a comeback as Bitcoin rebounds
After months of sideways pressure and steady declines, one crypto analyst says XRP could be primed for a strong rebound — and recent market moves are giving that thesis fresh momentum. Bitcoin climbed back above $63,000 in early Monday trading, lifting sentiment across the market and setting the stage for altcoins to catch a bid.
In a post on X, analyst Bird described the current setup for XRP as a potential “rise of the phoenix.” He points to a convergence of on-chain and macro factors that could underpin a renewed rally: improving regulatory clarity with the CLARITY Act awaiting Senate approval, expanding use of stablecoins and tokenized real-world assets, and Ripple’s continued push into partnerships and real-world payments infrastructure.
On-chain data supports part of that narrative. RWA.xyz shows stablecoin supply on the XRP Ledger has climbed to roughly $888 million — a roughly 78% increase over the past month — signaling growing activity and liquidity on the network. Bird argues these fundamentals aren’t yet fully priced into XRP’s market value but are laying a stronger foundation for future upside.
Market structure dynamics also favor altcoins when they play out: when Bitcoin dominance (BTC’s share of total crypto market cap) declines, capital often flows into alternative coins. Bird believes such a rotation could benefit XRP, and he even floated the possibility of a “God candle” — industry slang for a sudden, sharp price spike.
Institutional flow data adds a nuanced signal. Over the past week, Bitcoin ETFs recorded about $1.72 billion in outflows and Ethereum ETFs saw $168 million leave, while XRP-focused ETFs attracted roughly $2.62 million in inflows — a smaller number in absolute terms but notable given the broader outflow environment and as evidence of sustained interest in XRP products.
Bird isn’t alone: analyst EGRAG CRYPTO recently said XRP is still tracking what he calls a “Blue roadmap,” a longer-term market structure he’s monitored. According to EGRAG, short-term volatility doesn’t derail the bigger trend as long as the roadmap remains intact.
Price context: at the time of writing CoinMarketCap lists XRP between $1.12 and $1.14, up about 1% over 24 hours, while Bitcoin has recovered past $63,000 after losing roughly 13% the previous week.
Bottom line: a mix of regulatory developments, growing on-ledger stablecoin activity, institutional flows, and technical market dynamics are giving some analysts reason to be optimistic about XRP’s prospects. Whether those factors trigger a decisive breakout will depend on how macro conditions and investor appetite evolve in the coming weeks.
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