Since the Trump elections, XRP has been on an impressive race, increasing by 350%, surpassing the rest of the market. Bitcoin won around 60%, reaching new heights around $ 111,000. Although it briefly rebounded below $ 80,000 during pricing tensions, it has now been up above major resistance levels.
Other altcoins such as Ethereum and Solana have barely evolved, up 10% and 9% respectively. Cardano also increased by only 12%. Obviously, XRP performs the show.
XRP Oversold, a rebound then?
XRP fell the price since January 17, but on May 10, he broke this downward trend. Analysts said Bitcoin is exaggerated, which means that its RSI is high, often a signal that the price has increased too quickly and could bring back soon. On the other hand, XRP is occurring and its RSI is weak, which suggests that it is undervalued and is ready for a rebound. Buyers who retreat, XRP could prepare for a rally.
Altcoins of capitalization medium could go up
The ratio of others / BTC (Total crypto market capitalization excluding the top 10 vs bitcoin) shows how small altcoins work against BTC. An increased report shows that altcoins outperform, while a drop report indicates that bitcoin is in the lead and that altcoins are lagging behind.
Currently, the ratio has struck a key support area, and if it is held, we could see overvoltage in small and medium altcoins. But some analysts note that altcoins have reached their weakest point against Bitcoin all this cycle, and the lowest weekly fence since 2021 and a return can be far away.
10x Research shared that altcoins are struggling while Bitcoin races exceed $ 111,000 on a solid FNB and institutional demand. While Aave and Hyperliquid have climbed with 13% and 42% gains, many altcoins like Trump Token, Suis, Doge, Ada and Link were strong. XRP has seen a brief point but remains weak. Solana and BNB have shown mixed results. Thus, a difficult cycle can be ahead for most smaller tokens while Bitcoin continues to dominate.
