Analyst Says This Needs To Happen For The XRP Price To Rally Again

The XRP price is rebounding sharply as the broader crypto market slowly recovers from a months-long downtrend. Although XRP is still more than 43% below its all-time high, a market analyst has outlined what needs to happen before the cryptocurrency can rally again. The analyst has shared a rather blunt assessment of XRP’s recent performance, highlighting its vulnerability and weakened price action.  XRP Price Rally Hinges On Bitcoin’s Recovery A crypto market expert identified as ‘Guy on Earth’ has issued a fresh warning on X, highlighting that the XRP price is currently sitting at precarious levels and “hanging on for its dear life.” His outlook was cautious as he stated that the cryptocurrency is barely maintaining a crucial monthly bull market support level.  Related Reading: Brace For Impact: XRP Price Has Formed A Bullish Cross On Its Weekly Stochastic RSI In his view, a potential XRP price rally now depends on a shift in Bitcoin’s behavior. The analyst explained that the altcoin