XRP’s Next Major Rally Could Depend On Bitcoin Going To $94,000, Analyst Says

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XRP (CRYPTO: XRP) could be preparing for a “macro wave three” breakout if Bitcoin (CRYPTO: BTC) confirms a move above key resistance near the $94,000 region.

Why Bulls Are Watching BTC Closely

In a May 14 podcast, trader Cryptoinsightuk tied his bullish thesis to a combination of macro catalysts, including ongoing crypto regulation efforts, improving U.S.-China relations and shifting Federal Reserve leadership expectations.

He added that Bitcoin remains trapped in a critical decision zone between roughly $84,000 and $94,000. Negative BTC funding rates, low search trends point …

Full story available on Benzinga.com

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