While most of the crypto market is dealing with the implications of yesterday’s multibillion bloodbath, XRP holds its ground against Bitcoin in a way few noticed.
Despite extreme volatility and a brutal 26% single-day drop in its USD pair this week, XRP/BTC as presented by TradingView is still trading above the key monthly mid-Bollinger Band — an important line that often separates long-term bull and bear cycles.
This hold signals that the altcoin remains in a bullish phase versus Bitcoin, with current price action showing strong recovery on both daily and weekly time frames. If the setup holds, a move to the 0.00003293 BTC level — a 51% rally — looks more probable than not.
Despite market-wide bloodletting and Bitcoin’s multi-leg collapse to as low as $60,000, XRP continues to flash an unlikely but nonetheless intact bullish setup on the BTC pair.
The midband has historically acted as the make-or-break line between bull and bear markets. In February 2026, XRP is not only still closing above that level but is printing a green candle after a double rejection wick into the 0.000018 zone, a region that previously marked cycle bottoms in both 2019 and 2023.
On the weekly chart, XRP has stabilized just above the lower Bollinger Band and bounced 11% in the last 24 hours — one of the sharpest reversals among major altcoins. Daily structure confirms a full-bodied engulfing candle reclaiming the entire last week’s breakdown.
From a technical perspective, the next logical upside target sits near 0.00003293 BTC — the upper Bollinger Band on the monthly chart. That puts a 51% move from current levels on the menu.
Barring a monthly close below the midband, XRP/BTC remains one of the few top-10 altcoin pairs still technically in a bull market.
