The US-Israeli attacks on Iran this weekend will bring geopolitical risk back to the heart of the crypto markets, but in the latest CryptoInsightUK weekly note, the immediate takeover of XRP is no simple negative. Founder Will Taylor claims that the first shock could come at a time when bearish positions are already crowded, creating conditions where XRP could hold up better than Bitcoin and Ethereum if the market absorbs the news without a fresh crash.
Writing in the 184th edition of The Weekly Insight, Taylor described the conflict first as an incident of instability. “There could be extreme volatility in the near term,” he wrote, adding that it’s also a backdrop where legs could form “on bad news.”
He pushed this point even further in a longer piece that gets to the core of his market views: “I’m not saying that number three is the definitive outcome here. But I will say, and I’ve said this for a while, that when people invest too much emotion in an event and worry too much about it, that’s often where markets make bottoms. Especially if you’re not following the strong side.”
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This distinction is important for XRP, as Taylor does not argue that the battle for crypto itself is expensive. He argues that the function of market reaction is more important than the headline. In his reading, Bitcoin initially sold off on the news, but the move lacked the kind of follow-through that usually confirms a deeper wash. He noted that liquidity was still low in Bitcoin, around $60,000, and said he would still prefer to see that level before calling for a more sustained move higher.
According to him, Ethereum looked like this. Taylor said liquidity is still tight near $1,720, but emphasized that larger pools of short-term liquidity are sitting above the price, not below. This left room for another dive, but not necessarily for a structural rebuild.
Why is XRP different?
XRP is where his framework becomes more interesting. Taylor argued that XRP has already done some things that Bitcoin and Ethereum were still waiting to do. “XRP had an uptrend about ten days ago that Bitcoin and Ethereum didn’t. It showed relative strength there,” he said. “And now XRP has already moved into the liquidity pools that Bitcoin and Ethereum are still waiting to touch. So XRP has already done what others haven’t.”
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He stopped short of calling this confirmation, but the meaning was clear. If the market were to enter a feared macro bullish event and XRP had already traded near liquidity while its larger peers had not, XRP could be better positioned if the selling pressure dissipated rather than accelerated.
Taylor said he was discussing the possibility of XRP leading altcoins and the “potential to lead the market,” suggesting that this short-term setup offers at least a hint in that direction.
Taylor’s broader thesis relies less on war itself than on market structure. He goes on to argue that Bitcoin still has significant daily liquidity from current levels and could reach new all-time highs, while altcoins dominate on the way there. He related this point of view to the dominance of Bitcoin, where he said that the Bollinger Bands were so tight that they were always on the weekly and very compressed on the monthly. If this volatility lowers, altcoins will be positioned to take over.
Therefore, he also marked XRP against Ethereum. Taylor said the XRP/ETH chart has “started a new uptrend” and could be the start of a bigger move. His closed framework was clear: if Bitcoin pushes to new highs, the dominance weakens, and if XRP maintains momentum against Ethereum, then “XRP could prepare for an explosive move.”
At press time, XRP was trading at $1.3437.
Featured image created with DALL.E, chart from TradingView.com
