XRP's Expanding Cone Volume: Are New Breakouts Awaiting Us with Bitcoin Dominance Declining?

For over a year, the XRP coin has been confined within a narrow triangle pattern against Bitcoin, but the expanding cone volume may indicate an upcoming breakout point. Analysts believe that a true breakout largely depends on a decline in Bitcoin dominance, which recently dropped to 55.77% from its previous control.

XRP’s Journey from Peak to Range-Bound Inside the Triangle

In 2025, XRP faced severe downward pressure across the broader cryptocurrency market, which lost over $880 billion in value. XRP was heavily affected by these fluctuations, experiencing a 48% collapse from its all-time high of $3.65 achieved in July 2025.

Although the altcoin temporarily rebounded to $2.41 earlier this month, ongoing geopolitical tensions and market pressures forced it back below the $2 level. The current XRP price is $1.44, up 4.19% in the last 24 hours, with the coin holding a 5.65% market share of the total market value.

Cone Volume Analysis: How This Pivot Point Formed

This pattern began with a strong explosive move in November 2024. On November 12 of that year, the XRPBTC pair surged from 0.00000700 Bitcoin to reach a record high of 0.00003062 Bitcoin on December 3, 2024. This 337% increase against Bitcoin in less than a month formed the “upper pole” that defines the current cone volume.

After reaching that peak, the pair faced strong resistance as Bitcoin’s strength increased, leading to a gradual correction that formed the lower side of the triangle. Today, XRPBTC trades around 0.00002135 Bitcoin, close to the lower support line of this narrow range that has persisted for over 12 months.

The volume of this cone has attracted the attention of analysts like CryptoWZRD, who see this formation as a strong indication of a potential explosive move ahead.

When Will the Breakout Occur? The Role of Bitcoin Dominance in the XRP Equation

CryptoWZRD’s recent analyses confirm that a crucial condition for XRP to break out of this cone is a clear decline in Bitcoin dominance. Currently, Bitcoin dominance stands at 55.77%, lower than the 59.83% recorded in the original analysis, indicating that conditions are beginning to tilt in the right direction.

If a bullish breakout occurs, it could lead to a parabolic rise for XRP. The analyst predicts this breakout could push XRPBTC to 0.000048, representing a 116% gain from current levels. For comparison, the last time the pair reached this level was in June 2019.

In a more ambitious scenario, if Bitcoin continues rising toward $90,000 alongside an XRPBTC breakout, XRP could reach $4.32, setting a new all-time high.

Disclaimer: This content provides educational analysis and is not financial advice. The opinions expressed reflect analysts’ views and are not investment recommendations. Readers are advised to conduct thorough research and consult professionals before making any investment decisions. Any financial losses resulting from investments are the sole responsibility of the investor.