Whale accumulation patterns and critical Bitcoin halving fractals suggest a significant rebound for XRP/BTC price in the upcoming months.
XRP (XRP) has lagged Bitcoin (BTC) so far in 2024 in terms of price performance, falling around 2.5% year-to-date (YTD) versus the top cryptocurrency's 60% gains in the same period. In turn, the XRP/BTC exchange rate is down 40% YTD.
However, the pair shows signs of recovering in the days leading up to Bitcoin's halving in 2024. A constellation of bullish signals may buoy this momentum, potentially amplifying it following the event.
Historically, XRP has demonstrated a tendency to outperform Bitcoin in periods surrounding halving events.