Crypto analyst Will Taylor, founder of Cryptoinsightuk, says talk of an XRP 
bear market is premature, arguing that the token’s higher-time-frame structure 
and liquidity profile remain bullish despite extreme volatility and record 
liquidations. Is The XRP Bear Market Here? In a video published on 19 
November, Taylor acknowledged the “doom and gloom” dominating crypto sentiment 
but insisted that, from a technical standpoint, “nothing’s really changed” for 
XRP. His core claim is that XRP is still trading above a reclaimed multi-year 
resistance level that now acts as structural support. “We have spent over a 
year above our 7-year resistance holding it as support,” he said, calling this 
setup “almost unprecedented for XRP and for any asset.” As long as that zone 
holds, he rejects the idea that the market has rolled into a confirmed long- 
term downtrend. “Until that support is lost […] you can&#8217;t convince me that 
we&#8217;re bearish. I just don&#8217;t believe that.” Taylor uses Bitcoin as the macro 
anchor for the XRP thesis. He described the current BTC drawdown as a standard 
bull-market correction, noting that price is now sitting around a 30% pullback 
from the highs, similar to prior mid-cycle moves. He pointed out that the 
daily RSI is oversold and that the three-day RSI is at levels last seen near 
the $25,000 lows. “If we&#8217;re referring back to when momentum has felt this bad, 
it&#8217;s literally cycle lows,” he argued, while stressing that this does not 
guarantee an immediate reversal. Related Reading: XRP Supply In Profit Falls 
to 58.5% – Lowest Since 2024 Despite Higher Price Against that backdrop, he 
characterizes XRP as simply ranging above long-term support. On the daily 
chart, he said XRP is “holding its range pretty well,” with price near the 
lower end of that structure. He framed the area around roughly $2 as 
historically attractive from a risk-reward perspective: “Bottom of the range 
is where people are scared, where sentiment’s low. These are the areas that 
are pretty decent.” The liquidity map is central to his view. On lower time 
frames, Taylor sees some liquidity beneath recent lows, around $2.05–2.03, 
which could be swept without breaking the broader range. However, he stressed 
that the overwhelming concentration of resting liquidity lies far above spot. 
In the daily, he claimed that for XRP “the densest area of liquidity by an 
absolute long shot is above us […] dense all the way up to $4.20, $4.30 in 
dollars.” He argued that this distribution matters because market makers and 
exchanges maximize revenue where positions are opened and closed, not at 
stagnant prices. “They make money when contracts are opened and closed. They 
don&#8217;t give a [expletive] whether the price goes up or down,” he said. In his 
view, that means price statistically gravitates toward the most crowded 
liquidity pockets: “You have to play the four out of five chance that it is 
going to go into the dense area of liquidity.” Related Reading: Famous Trader 
Bets $27 Million That The XRP Price Will Crash XRP Vs. The Rest Of Crypto 
Taylor also pointed to relative-value signals. Against Ethereum, XRP recently 
closed a weekly candle above the 0.000071 level, which he said “has trapped us 
down since August.” Versus Bitcoin, he highlighted that XRP has been “holding 
the range lows” and has finally logged a weekly close above a resistance 
cluster that capped price since early October. XRP dominance, he added, has 
broken out of a downtrend and closed back above a recent cluster, although he 
wants “one or two more weeks” of continuation to confirm a bullish cross. He 
underscored that this structure has held despite the October 10, “the largest 
liquidation event in history of crypto.” While the FTX collapse saw about $2 
billion in leveraged positions liquidated, the October 10 move liquidated 
roughly $20 billion and still failed to push XRP into a sustained 
breakdown.The sharp wick lower was “instantly bought back to the upside,” and 
the range was reclaimed soon after. “Things like XRP are looking super bullish 
here,” he concluded. “I think XRP is going to blow the doors off people&#8217;s 
expectations.” For now, Taylor maintains that an XRP bear market would require 
a decisive loss of the long-term support zone and a very different liquidity 
and dominance picture. Until those conditions appear, he says, “there isn&#8217;t a 
factual argument” for a confirmed bear market—only predictions. At press time, 
XRP traded at $2.11. Featured image created with DALL.E, chart from 
TradingView.com

Is XRP Entering A Bear Market? Analyst Breaks Down The Truth

Fundstrat’s Tom Lee says the crypto market’s continued decline can be traced 
back to the record-breaking liquidation event on Oct. 10, arguing that the 
shock severely damaged market makers and set the stage for weeks of weakened 
liquidity. Crypto’s Post-October Weakness Tied to Market Maker Stress, Tom Lee 
Says Fundstrat’s Tom Lee says the crypto […]

Fundstrat’s Tom Lee Says October Liquidation Event Still Haunts Crypto Markets

The conversation around XRP has grown louder in recent months as the asset 
continues to gain traction through ecosystem growth, Spot XRP ETFs, and market 
interest. Despite this momentum, XRP still sits far below Bitcoin, the 
industry’s dominant cryptocurrency, when comparing total valuation. That gap 
raises a simple question: how high would the XRP price need to climb in order 
to actually flip Bitcoin? Data from MarketCapOf provides a direct, real-time 
look at what XRP’s price would be if it matched Bitcoin’s market 
capitalization today. The Market Cap Required To Flip Bitcoin Although it is 
currently going through a correction phase, Bitcoin has the largest presence 
in the crypto market by an overwhelming margin, and its market capitalization 
currently stands at roughly $1.84 trillion. This valuation ranks Bitcoin among 
the largest assets on the planet, surpassing many global corporations. Related 
Reading: Is It Time To Buy XRP? Analyst Says Get In Before This Switch Happens 
XRP, now trading around $2.14 at the time of writing, holds a market cap of 
approximately $128.7 billion. This means Bitcoin’s valuation is more than 
fourteen times larger than XRP’s. For XRP to flip Bitcoin, the cryptocurrency 
would need to rise to the same market capitalization that Bitcoin currently 
holds. Using the circulating supply of XRP, MarketCapOf calculates how much 
each XRP token would be worth if it matched Bitcoin’s market cap. Based on the 
latest data, XRP would need to trade at $30.61 for its total valuation to 
equal Bitcoin’s. This is the current “flippening price,” and it reflects the 
direct ratio between their two market caps. To reach the level of Bitcoin’s 
all-time high market cap of $2.485 trillion recorded on October 6, XRP would 
need to climb to about $41.26 per token. Breaking Down The Numbers The 
calculation highlights how far ahead Bitcoin still is. XRP sits at roughly 
seven percent of Bitcoin’s total valuation, meaning the asset would need to 
appreciate more than fourteen times from its current level to stand on equal 
footing. In simple terms, an investor holding 1,000 XRP would see their 
position shift from about $2,140 today to more than $30,000 if the token were 
priced at $30.61. Related Reading: Wondering Why The XRP Price Is Still 
Lagging Despite Record ETF Launch? Read This This comparison does not assume 
any change in circulating supply, tokenomics, or macro factors. It is a clean 
and direct valuation exercise based purely on market capitalization. However, 
even in its simplicity, it shows the scale of inflows required for XRP to 
close the gap and flip Bitcoin’s dominance in the cryptocurrency rankings. 
Recent months have seen stronger activity in the Ripple ecosystem, most 
especially with new partnerships and acquisitions by Ripple. Added to this is 
the expanding conversation around Spot XRP ETFs, which many analysts believe 
could introduce significant liquidity if major issuers like BlackRock, 
Fidelity, and Grayscale fully enter the space. The newest entrant is Bitwise, 
which launched its Spot XRP ETF just hours ago. Featured image from iStock, 
chart from Tradingview.com

Here’s How High The XRP Price Needs To Be To Flip Bitcoin

One of the US attorneys behind the prosecution of former FTX executives 
testified as part of an evidentiary hearing exploring one of their plea deals.

Ex-prosecutor denies promising not to charge FTX executive’s partner

Ondo Global Markets said that it received regulatory authorization from the 
Liechtenstein Financial Market Authority to offer tokenized stocks and ETFs to 
retail investors across the European Economic Area, enabling compliant, 
onchain exposure to U.S. markets for more than 500 million investors in 30 
countries. Ondo described the approval as a passporting milestone that lets 
[…]

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