CoinsKid: “XRP’s Q4 Move Still on the Table” – Here’s What Needs to Happen

• XRP’s Q4 rally depends on Bitcoin dominance staying below resistance.
• CoinsKid says XRP must hold support above the Coinskid Ribbon.
• Market focus shifts as BTC.D weakness could boost altcoin momentum.

According to CoinsKid (@Coins_Kid), the next direction for XRP may depend heavily on how Bitcoin Dominance (BTC.D) behaves over the coming weeks.

Data from the BTC.D chart shows that dominance has been moving within an ascending channel since early 2021. However, it is now facing resistance near the upper trendline around 60%, a level that has previously marked short-term pullbacks.

The analyst explained that BTC.D must remain below its 5-Day Coinskid Ribbon to allow room for altcoins to recover. If dominance climbs back above the ribbon, it could point to another phase where Bitcoin (BTC) strengthens while altcoins, including XRP, weaken.

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CoinsKid noted that the current setup is fragile. With BTC.D hovering close to 59-60%, the next few candles could determine whether the market shifts toward altcoin strength or continues favoring Bitcoin.

XRP Holds Its Key Support as Traders Wait

While BTC.D struggles at resistance, XRP has managed to hold above its 5-Day Coinskid Ribbon, despite losing the $1.90 structural low last week. This zone is now acting as major support, and maintaining it could keep the Q4 rally scenario intact. According to the post, XRP must stay above this ribbon to preserve bullish momentum.

Traders are closely watching the $2.40 region as a critical line of defense. Holding this level could trigger a rebound toward $3.00, while a decisive breakdown below it might confirm a deeper retracement toward $1.80. Market data shows XRP consolidating after a strong mid-year move, suggesting potential buildup before the next decisive shift.

Moreover, CoinsKid emphasized that the next few 5-Day closes will be key. A rejection of BTC.D from its resistance, combined with XRP maintaining support above the Coinskid Ribbon, could set the stage for an upward continuation.

Hence, the analyst’s outlook continues to attract attention across the crypto space, with traders watching whether XRP can defend its structure and validate the long-anticipated Q4 move.

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The post CoinsKid: “XRP’s Q4 Move Still on the Table” – Here’s What Needs to Happen appeared first on 36Crypto.