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 …