XRP Falls Below Key Support, Faces Potential 47% Devaluation as Bitcoin ETFs Dominate XRP has broken below its 200-week support level, signaling a significant technical breakdown. Despite positive developments like SEC clarity and ETF inflows, XRP is underperforming compared to Bitcoin, which is benefiting from substantial ETF investment. This could lead to a 47% price drop. XRP is currently experiencing a significant technical downturn, falling below its crucial 200-week support level at 0.00001824 BTC. This breach represents a major setback for the altcoin, potentially opening the door to a substantial 47% devaluation back to levels seen in early 2024. The situation is particularly concerning given the current market context. Despite the resolution of legal battles with the SEC, which officially recognized XRP as a commodity, and the influx of liquidity from spot ETFs – totaling $81.63 million in April alone – XRP has failed to capitalize on these positive developments. This contrasts sharply with Bitcoin, which continues to benefit immensely from the growing popularity of its spot ETFs, attracting a massive $2.43 billion in inflows during the same period.The disparity in performance highlights a clear divergence in market sentiment and institutional interest. The breakdown of the 200-week moving average is a critical technical indicator, transforming what was once a reliable support level into a formidable resistance barrier. Any attempt by XRP to recover against Bitcoin will now face significant headwinds at 0.00001824 BTC.Furthermore, the path is now clear for XRP/BTC to retest accumulation levels from 2024, effectively erasing the gains made over the past year and a half. Analysis of trading volume on Binance reveals a major concentration of activity around 0.00000963 BTC, representing a potential price floor but also illustrating the magnitude of the potential decline – nearly 47% below current levels.The question now shifts from anticipating a recovery to identifying where XRP can establish new support and regain upward momentum. The lack of a positive response to favorable regulatory outcomes and ETF inflows suggests underlying issues impacting XRP’s market performance. The current market dynamics demonstrate a clear preference for Bitcoin, with institutional investors heavily favoring BTC ETFs. This trend is actively drawing capital away from altcoins like XRP, exacerbating the downward pressure.While the introduction of new crypto ETFs for XRP and Shiba Inu by firms like T. Rowe Price might seem positive, they haven’t yet translated into substantial price gains for XRP. Other market movements, such as Hyperliquid’s (HYPE) impressive 101% weekly gain in futures and Dogecoin’s recent price targets, further emphasize the varied performance across the cryptocurrency landscape. Ethereum is also experiencing a downtrend, adding to the overall sense of caution in the altcoin market.The situation underscores the importance of careful analysis and risk management for investors navigating the volatile cryptocurrency space. The continued strength of Bitcoin, coupled with the challenges faced by XRP, suggests a potentially prolonged period of consolidation or further decline for the altcoin