After failing to push past the critical short‑term resistance at $1.60 last week, XRP has slid about 8%, settling back into the $1.35–$1.40 trading range. Market analyst Sam Daodu says three connected problems explain why recent rallies have fizzled and what must change for a sustainable recovery.
XRP Faces Resistance Until Bitcoin Clears $75,000
First, Bitcoin (BTC) dominance remains high. Daodu notes Bitcoin’s share of the crypto market has hovered around 58.6% for much of 2026 and stayed above 58% most of the time. Historically, broad altcoin rallies tend to begin when Bitcoin dominance falls below 50% and capital rotates from BTC into smaller tokens.
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That rotation has not occurred: institutions are not reallocating to altcoins but either leaving crypto or keeping funds in Bitcoin as a perceived safe haven. Daodu argues that unless Bitcoin decisively breaks and holds above $75,000, even XRP’s strong fundamentals are unlikely to move its
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