XRP News Today: XRP Could Outperform Bitcoin by 45% in August, Says Dr. Cat

On 12 June, a market technician known as Dr. Cat released a fresh XRP/BTC chart, sparking renewed debate about one of the most contentious trading pairs in the cryptocurrency market. Dr. Cat, posting on X, argued that despite a significant six-week decline, conditions still favor an eventual breakout for XRP that could outperform Bitcoin. He assigned this scenario a 70 percent probability.

Central to Dr. Cat’s analysis is the 2,041-satoshi level, where three separate Ichimoku timeframes—monthly, bi-monthly, and tri-monthly—converge. He acknowledged that the price has been steadily declining, with no significant bullish reaction, but emphasized that this specific support level is crucial. A decisive monthly close below this level, he warned, could turn the three-day structure fully bearish, leading to unpredictable and potentially chaotic price movements.

Despite the current bearish trend, Dr. Cat remains optimistic about XRP’s long-term prospects. He believes that the price has been coiling up with higher lows over the past twelve quarters, indicating a prolonged accumulation phase. This coiling, he suggests, could fuel a “minor attack” in August toward the 3,000-satoshi region, representing roughly a 45 percent appreciation from current levels. He also anticipates a “much bigger attack” once the broader market cycle matures.

However, Dr. Cat’s optimism is not without caveats. He calculates a 30 percent chance of a complete failure if the 2,041-satoshi level is breached on a monthly-close basis. In this bearish scenario, the cross could drop to the 1,800 – 1,900-satoshi range, attempt a weak rebound, or continue a slow decline to the bottom of the range where the monster move began. In such a setback, he does not expect the long-anticipated “monster bullish move” until Q4 2025 at the earliest.

Currently, the market’s focus is on the 2,041-satoshi level. Holding above this level, Dr. Cat sees a clear path for XRP to outperform Bitcoin, first modestly and then dramatically. Slipping below it, however, could lead to an “unpredictable/choppy” price movement. Either way, XRP traders now have a clear understanding of the cycle’s pivot point and the thin margin for error.