XRP is having another rough week against Bitcoin. The XRP/BTC pair has now declined for 15 consecutive weeks as of May 21, according to data from TradingView. Over the last three months, Bitcoin climbed from around $60,000 to $80,000 while the XRP/BTC pair lost its 20-period exponential moving average — a technical signal that often hints at sustained weakness. Bitcoin dominance remains above 58%, and that’s weighing on XRP and most other altcoins.
The 15-week slide
Fifteen weeks in a row. That’s the longest losing streak for XRP against Bitcoin in recent memory, and it’s not showing signs of stopping. The pair has been underperforming BTC since 2017, but this stretch is especially brutal. XRP is currently trading around $1.36, with a narrow 24-hour range of $1.34 to $1.37. For context, Bitcoin is at $77,000 after dipping to just above $74,000 — a recovery driven by progress in US-Iran peace talks.
Support and bearish targets
Key support for XRP sits at $1.30. If that level breaks, the picture gets a lot uglier. ChartNerd, a crypto analyst tracked by GFdaily, has a bear case targeting $0.90 to $0.70 if conditions deteriorate further. The 2-week regression band’s lower boundary is near $1.00, which matches that zone. On the upside, resistance is expected in the $1.40 territory, but with Bitcoin sucking up capital, a breakout looks unlikely near-term.
Why Bitcoin dominance matters
Bitcoin dominance has held above 58% for weeks. That number tells you where the money is going. When dominance is high, altcoins like XRP tend to lag — and that’s exactly what’s happening. Bitcoin’s own recovery from the $74,000 dip was sharp, helped along by headlines around US-Iran peace talks. That macro tailwind isn’t reaching XRP.
What to watch this week
The immediate question is whether XRP can hold $1.30. A daily close below that could trigger a swift move toward the $1.00 area, where the 2-week regression lower boundary sits. If Bitcoin dominance starts to slip — say below 55% — that might signal a rotation into altcoins. But right now, there’s no evidence of that happening. The 15-week losing streak may not end until the macro picture shifts.
