XRP News Today: XRP's Bullish Macro Structure Ignored Amid Bitcoin Focus

Crypto commentator Cobb (@Cobb_XRPL) has sparked a discussion about the long-term outlook for XRP, highlighting a bullish macro structure that he believes is often overlooked due to the market's focus on Bitcoin. Cobb's comments were in response to a chart shared by another analyst, which showed a symmetrical triangle formation on XRP's monthly chart. Cobb described XRP as having "one of the most beautifully painted bullish macro charts in all of crypto," suggesting that the market's narrow focus on Bitcoin is obscuring more significant technical setups in altcoins like XRP.

Cobb emphasized that the market's attention is largely dismissing XRP’s structure due to what he described as “tunnel-visioned” attention on Bitcoin. While Bitcoin has long held dominance in the market, Cobb believes that this bias is obscuring more technically significant setups forming in altcoins, such as XRP. The chart shows XRP’s pronounced upward move from late 2024, followed by months of consolidation. This consolidation phase formed a symmetrical triangle, supporting Cobb’s interpretation of a developing breakout scenario.

Other analysts have suggested that XRP is at the end of this consolidation phase and expect a breakout soon. If the breakout occurs, this structure suggests that XRP could continue its previous rally, targeting higher levels this time. Cobb attached a timeline to his forecast, expecting the implications of this chart to materialize toward the end of 2025, a period he believes will produce “face-melting/sideline tears… of epic proportions.”

Experts have predicted targets as high as $10 for the end of 2025. Historically, macro consolidation patterns such as symmetrical triangles often resolve with trend continuation. The XRP monthly chart highlighting this pattern aligns with that classical setup. Despite the clarity Cobb sees in the chart, broader market attention remains centered on Bitcoin and Ethereum. Cobb suggests that many will be caught off guard if XRP follows through on the technical setup now in play. A swift rise will price out many investors, but those who can see the asset’s potential will benefit significantly when the price starts climbing.

XRP is in a unique position, as Bitcoin maximalists are now recognizing its potential. Davinci Jeremie, a well-known Bitcoin advocate, recently predicted that XRP will reach $24 by the end of 2025, demonstrating that even its biggest detractors cannot detract from its true value.