John Bollinger, the creator of Bollinger Bands, has commended XRP for demonstrating remarkable resilience amid a significant downturn in the cryptocurrency market. His observations come when major digital assets have suffered notable declines, reinforcing XRP’s ability to withstand broader market pressures more effectively than its counterparts.
XRP Outperforms Major Cryptocurrencies
The cryptocurrency market experienced substantial volatility last week, with several leading assets declining to multi-month lows. Bitcoin, Ethereum, and Solana all suffered steep corrections, while XRP showed relative stability, avoiding the drastic drops seen in other cryptocurrencies.
Bitcoin’s value fell sharply from above $86,000 to $76,600, marking its most significant decline of the year and a return to levels last seen in November 2024. Ethereum lost its footing above $2,000 and fell as low as $1,760, a price it had not touched since November 2023. Solana similarly faced a major drop, declining to $113, a level last observed in August 2024.
Despite these market conditions, XRP held up more effectively. While it did experience a dip, its lowest price this week stood at $1.916. This level is not its lowest for 2025, unlike Bitcoin, Ethereum, and Solana, which all reached new yearly lows.
John Bollinger Highlights XRP’s Strength
John Bollinger recognized XRP’s ability to resist the broader market downturn. In a statement on social media, he specifically highlighted XRP’s superior performance compared to other major cryptocurrencies. He noted, “Of all the major crypto assets, Ripple [XRP] resisted the recent singing of the Siren’s song best.”
Of all the major crypto vehicles Ripple resisted the recent singing of the Siren's song best. Will it become the new leader? $XRPUSD
— John Bollinger (@bbands) March 14, 2025
Bollinger’s endorsement of XRP’s stability has drawn attention from traders and analysts, reinforcing the growing perception that XRP possesses characteristics that make it more resilient in volatile market conditions.
We are on twitter, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) July 15, 2023
Could XRP Become the Market Leader?
Given XRP’s relative strength during the recent sell-off, speculation is growing that it may be positioning itself as a leading asset in the market. Bollinger’s comments hint at this possibility, suggesting that XRP’s resilience could be a factor that enables it to outperform other major cryptocurrencies as the market recovers.
Recent price trends further support this outlook. XRP has led the recovery among top digital assets, rising 1.8% to trade at $2.34. This increase has erased its losses over the past month, with XRP now holding an over 13% year-to-date gain.
In contrast, Bitcoin has seen a modest recovery, up 2.08% today to $84,140. However, it remains down 13.71% over the past 30 days and has lost all of its gains since January, resulting in a 10% decline for the year. While Ethereum is up 2.40% today at $1,930, still shows a 28% monthly decline and a significant 40% loss for the year.
XRP’s ability to resist market declines while outperforming other major assets has sparked discussions about its potential as a leading force in the cryptocurrency market.
John Bollinger’s recognition of its resilience adds weight to this perspective, suggesting that XRP’s relative strength could indicate its future market dominance. As the market recovers, XRP’s performance will remain a key focal point for investors and analysts alike.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
Follow us on X, Facebook, Telegram, and Google News
