Versan Aljarrah, co-founder of Black Swan Capitalist, shared a new analysis of XRP, stating that its breakout is obvious. His research studied the often-ignored relationship between the Dollar Index (DXY) and the price of XRP.
Historically, when the DXY drops sharply, XRP tends to rise significantly. There were three key moments when the DXY fell: early 2018, mid-2021, and late 2024.
On each occasion, XRP surged, reaching multi-year highs or all-time highs. During the bullish period from 2017 to 2018, the DXY fell from 103.8 to 88, while XRP rose from a small amount to a peak of $3.80. A similar situation occurred in 2021 when the DXY fell to around 89, causing XRP to increase to $1.96. By late 2024, another drop in the DXY index coincided with a 600% rally in XRP, which reached $3.40 in January 2025.
"Currently, the DXY is showing a bearish trend again amid changes in U.S. economic policies. Aljarrah believes that a new drop towards the level of 88, last seen in 2018, could spur the next XRP rally."