XRP Breakout “Hidden in Plain Sight,” Says Black Swan Capitalist Founder
Highlights
- Versan Aljarrah, founder of Black Swan Capitalist, claims a major XRP breakout is looming.
- In the past, sharp drops in the DXY coincided with massive XRP rallies. The DXY is currently trending lower again, suggesting history may repeat itself.
- XRP price could be poised for breakout as bullish fundamentals align.
The founder of Black Swan Capitalist claims a major XRP breakout could be “hidden in plain sight”, highlighting technical indicators. This adds to the growing number of crypto experts backing the token for a parabolic rally.
Expert Claims XRP Breakout Lies Hidden in Plain Sight
Versan Aljarrah, founder of Black Swan Capitalist, shared a new XRP analysis, stating its breakout is hidden in plain sight. His research studied the often-ignored link between the Dollar Index (DXY) and the XRP price.
Historically, when the DXY falls sharply, XRP tends to rise significantly. There have been three key times when the DXY dropped: early 2018, mid-2021, and late 2024.
Each time, the XRP rose sharply, reaching multi-year highs or all-time highs. During the bull run from 2017 to 2018, the DXY fell from 103.8 to 88, while XRP rose from a small amount to a high of $3.80. A similar situation occurred in 2021 when the DXY dropped to approximately 89, leading to an increase in XRP to $1.96. In late 2024, another decline in the DXY index coincided with a 600% rally in XRP, which reached $3.40 by January 2025.
Currently, the DXY is again trending lower amid shifting U.S. economic policies. Aljarrah believes a fresh dive toward the 88 level, last seen in 2018, could fuel the next XRP rally.
Version Aljarrah is the latest expert to add to the altcoin’s bullish sentiment. As previously reported by CoinGape, crypto analyst Ali Martinez added to their bullish narrative by predicting an ambitious $6 target.
Additionally, Fibonacci retracement levels that support the possible uptrend for XRP have been highlighted by cryptocurrency analyst CasiTrades. A successful breakout could push the price to greater heights as the token’s growth continues.
Bullish Fundamentals Align in Favor of Breakout
Yesterday, the U.S. House advanced the GENIUS Act after a marathon session, a key legislative step toward establishing a federal framework for stablecoins. As a result, XRP momentarily surged above $3 as investors conjectured that Ripple’s RLUSD stablecoin might profit from more transparent regulations.
The ongoing SEC lawsuit against Ripple remains a backdrop, but recent updates have eased concerns. Former SEC lawyer Marc Fagel confirmed that Ripple has already settled its $125 million penalty in cash, and the final resolution is pending the dismissal of appeals.
Meanwhile, there is growing hope that an XRP ETF will be approved. In a recent clarification, SEC Commissioner Hester Peirce stated that the XRP ETFs’ approval delay should not be construed as a rejection.
Given these encouraging signals, it’s no surprise that crypto experts like Vandell Aljarrah believe a major XRP breakout could happen soon.
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