XRP is flashing a rare relative-strength signal against ETH, according to 
crypto analyst Matt Hughes (“The Great Mattsby”), who points to a 2-week 
Ichimoku cloud flip that he says hasn’t meaningfully held as support since 
2021. With XRP also boxed inside a defined USD range on lower timeframes, 
Hughes frames the next phase as a conditional “prove it” moment: reclaim one 
level, and the market has room to work; fail it, and the breakout narrative 
stays premature. XRP Poised To Outperform ETH? Hughes’ primary claim is 
anchored to the XRP/ETH pair on a 2-week chart. In his read, there’s a massive 
regime change: “When looking at the 2-week Ichimoku cloud, you can see that 
XRP is doing something it hasn&#8217;t done since 2021: flipping the 2-week cloud to 
support. The cloud has been a massive resistance for most of the chart&#8217;s 
history until now (with a notable breakout in 2021, but only a few weeks).” On 
Hughes’ chart, XRP/ETH is pressing into the top side of the 2-week Ichimoku 
cloud, with the latest candle marked around 0.00062. His bullish read is that 
a clean flip, price holding above the cloud and treating it as a floor on 
pullbacks, would be a regime change for the pair. XRP Roadmap To $9 Hughes’ 
shorter-timeframe work shifts from relative performance to mechanics in spot 
USD terms. On the daily XRP/USD chart, price is still behaving like a market 
that has not resolved its larger consolidation, oscillating between stacked 
horizontal levels while respecting sloping fan lines that visually reinforce 
why upside attempts have repeatedly stalled. Related Reading: XRP To Repeat 
Its 2017 Playbook? Analyst Forecasts 1,250% Expansion Hughes boils that 
structure down to one actionable threshold: “Price moves in increments, and 
this Gann fan perfectly illustrates why price is stuck in its current range. 
Once XRP can close candles above $2.30, the move up can continue.” Above that, 
the next targets on the daily timeframe are $2.59 and $2.95. The weekly 
XRP/USD chart adds the next level if that acceptance arrives. Two extension 
levels (drawn from the 2014 low to the 2017 high) are explicitly marked: 2.272 
at $3.09882 and 2.618 at $9.00194, with Hughes’ drawn path stepping first 
toward the low-$3 area before stretching higher if momentum persists. Related 
Reading: Surge In XRP Transactions: 1.45 Million Daily Users Could Signal 
Price Rally Ahead, Says Expert Thus, Hughes’ bullish scenario is a two-part 
sequence: first, clear the USD range trigger (a sustained close above $2.30), 
then convert the last major zone before the 2025 high into support. He states 
it in more pointed terms on X: “XRP’s been grinding sideways for 1+ year while 
many other alts were bleeding. Not IF it hits $9—it’s WHEN. Key flip: $3.09 
becomes support and then its go time.” The failure scenario is simpler and 
more immediate. If XRP cannot secure closes above $2.30, the fan-and-range 
framework remains intact: rallies are still just rallies into the same 
ceiling, and the market risks reverting back towards $1.78. However, a dip 
towards this price would not change anything about the long-term bullish chart 
of XRP. Pointing to a gap between chart structure and crowd sentiment, Hughes 
wrote: “An actual infant in diapers and a 120-year-old grandpa who&#8217;s forgotten 
his own name can look at this chart and go, &#8216;Yep, classic breakout above the 
2021 top, now flipping it to rock-solid support.&#8217; Meanwhile, every bear on X, 
their mailman, their mailman&#8217;s dog walker, and that one guy who still thinks 
it&#8217;s 2022 are out here screaming &#8216;BEARISH! DOOM! SELL YOUR KIDS!&#8217; like it&#8217;s 
still the bear market special. Bro, even my grandma&#8217;s bingo partner is bullish 
at this point. Wake up and smell the bull fuel.” At press time, XRP traded at 
$1.9799. Featured image created with DALL.E, chart from TradingView.com

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