• Bitcoin has held the 34K XRP support zone for 1800 days with repeated tests and strong buyer defense  
  • A drop below this level could push the ratio toward 10K XRP while a rebound may target 50K XRP  
  • Market trends show XRP gaining strength though Bitcoin’s resilience keeps the range intact for now

Bitcoin (BTC), when measured against XRP, has been testing the critical support level of 34,000 XRP per 1 BTC for nearly 1,800 days. Despite repeated attempts to break below this threshold, the ratio has remained resilient, highlighting a long-term equilibrium between the two assets. According to market analyst Dom, the BTC-XRP inverse pair has hovered near this level since mid-2019, with price action repeatedly bouncing off this key support. The latest data suggests that while Bitcoin has outperformed XRP for most of this period, current market dynamics are beginning to shift.   

Historical Context and Price Movements

Throughout the last decade, the BTC price in XRP has witnessed major volatility. Early in 2015, the ratio of BTC to XRP surged past 100,000 XRP per BTC before undergoing a steep correction in 2017, coinciding with XRP’s explosive rally during that market cycle. The ratio stabilized close to the 34,000 XRP mark throughout mid-2019, after which it has remained important as a support zone. The chart depicts that at least four major tests were executed at this level between 2020 and 2025, resulting every time in a rebound that reinforced its intrinsic value in the market’s psyche.

Currently, the ratio trades around 38,000 XRP per BTC, up 7.94% from the previous session’s low, marking a temporary relief after recent downward pressure. Notably, the price wick lows suggest buyers continue defending this zone, preventing a decisive breakdown. Dom emphasizes that if the current market conditions persist, with Bitcoin’s relative strength waning and XRP maintaining its pace, the longstanding support could finally give way.

Outlook and Potential Scenarios

Dom projects a potential downside target of 10,885 XRP per BTC if the 34,000 XRP support fails. Achieving this target would require significant XRP outperformance, which could stem from regulatory clarity, increased network adoption, or broader market shifts favoring altcoins. The inverse pair’s volatility suggests that while such a drop remains plausible, sustained pressure over multiple weeks would be necessary to reach it.

Conversely, if Bitcoin reasserts dominance, the ratio could rebound toward the 50,000 XRP level, mirroring past recovery patterns. Dom notes that wick lows in the current market structure point to persistent buyer interest, making an immediate breakdown less likely unless a catalyst accelerates XRP’s strength. With the broader crypto market experiencing fluctuations, traders should remain cautious of sudden volatility spikes affecting the BTC-XRP ratio.

Analyst Insights and Market Sentiment

Dom’s examination expresses the precious balance between Bitcoin and XRP as they tread along important technical levels. The 34,000 XRP support has withstood many tests; however, the longer the test, the weaker such zones become. If XRP maintains outperformance, the possibility of achieving the 10,000 XRP goal remains on the table for 2025. The coming months will be crucial on determining whether this multi-year stalemate breaks decisively or extends further into the future.

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Yusuf Islam is a crypto analyst and writer, specializing in technical analysis and Web3, delivering insights on market trends and blockchain technology.