Crypto sentiment has fallen to what CryptoinsightUk founder Will Taylor calls “historical lows,” and the impact is now appearing in higher-timeframe indicators that seldom trigger. In a weekly note on February 14, Taylor suggested the market is moving from a “collapse” phase to a late-stage decline, highlighting XRP priced in gold as one of the clearest signals.
Taylor described the week as “another painful one for crypto,” but emphasized the timing of this pessimism is significant. On Bitcoin’s weekly chart, he noted that BTC “has just hit oversold levels for only the third time in recent history,” adding that the previous two instances marked either the bear market low or were very close to it. In his view, extreme sentiment combined with a statistically rare signal points more toward exhaustion than a new wave of declines.
The heart of Taylor’s analysis focuses on positioning for a surge in Bitcoin dominance volatility. He observed that Bollinger Bands on dominance are “extremely compressed,” a setup he considers unstable: “Compression leads to expansion. And expansion leads to volatility. Simply put, volatility is coming.”
The question is direction. Taylor’s primary expectation is a breakdown in dominance—eventually below 36%—which, if paired with a stable or rising Bitcoin price, would suggest not only new money entering crypto but also a rotation across the risk spectrum. He pointed to a previous example as a model: in November 2024, when dominance dropped by about 10 percentage points, “XRP subsequently rallied around 490%,” which he called “a vertical expansion.”
To support the rotation thesis, Taylor highlighted the OTHERS/BTC ratio, which measures the market outside the top 10 cryptocurrencies relative to Bitcoin. On the monthly chart, he noted that the RSI “has just turned bullish,” and the chart is “on the verge of printing” a second green monthly MACD volume candle following what he described as a bullish crossover near the lows. He argued this combined picture shows alignment: altcoins beginning to regain relative strength as dominance volatility tightens.
XRP Against Gold: A ‘Historic Zone’ Setup
Taylor’s more specific claim centers on XRP priced in gold, a pair he says is often overlooked despite its structural insights. “When you look at XRP priced against gold, you’ll see we’ve pulled back into an extremely strong historical support zone,” he wrote. “At the same time, on the monthly timeframe, the RSI has reached levels we’ve only seen once before—just before the parabolic expansion in 2017.”
From there, Taylor outlined a scenario rather than a firm prediction: if XRP holds that support and completes what he termed a 4.236 Fibonacci extension “from this structure,” the move could be “around 20x against gold.” He cautioned that relative performance doesn’t directly translate to the dollar pair. “That doesn’t automatically mean 20x against the dollar,” he wrote, noting gold itself could weaken and “macro conditions could shift.”
Still, he maintained the relative signal is key. In his view, sustained outperformance against gold would indicate capital “aggressively rotating into risk,” a environment where altcoins typically lead.
Taylor added a second relative-strength perspective: XRP versus Ethereum. He suggested an Elliott Wave interpretation where XRP may have completed waves one and two against ETH, setting up a potential wave three—”typically the most aggressive, most explosive leg.” While noting Elliott Wave is “a framework, not a certainty,” he highlighted a momentum detail: monthly RSI holding above 50 during consolidation, which he sees as consistent with continued strength rather than a breakdown.
At press time, XRP traded at $ [Note: Original text ended abruptly here; price data was not provided].
Featured image created with DALL.E, chart from TradingView.com
Frequently Asked Questions
Of course Here is a list of FAQs about the news XRP Versus Gold Reaches Historic Low as Sentiment Collapses Analyst
Beginner General Questions
1 What does XRP vs Gold Reaches Historic Low actually mean
It means the price ratio between one XRP and one ounce of gold is at its lowest point ever Simply put it now takes far fewer XRP tokens to equal the value of an ounce of gold than it ever has before indicating XRP has significantly underperformed gold
2 Is this about the price of XRP in dollars
Not directly Its a comparison XRPs price in dollars might be down but this metric shows its falling even harder when measured against a traditional safehaven asset like gold
3 Why is gold used as a comparison
Gold is considered a classic store of value and a hedge against inflation and economic uncertainty Comparing a cryptocurrency like XRP to gold shows how investors view its risk and stability relative to a timeless asset
4 What does sentiment collapses refer to
It refers to a severe drop in overall investor mood and confidence regarding XRP This includes factors like negative news lack of positive price movement fading interest on social media and pessimism from traders and analysts
5 Should I sell my XRP because of this news
This is an analytical metric not direct financial advice It indicates strong negative pressure and poor performance relative to a benchmark You should consider it alongside your own investment strategy risk tolerance and research
Intermediate Analytical Questions
6 What are the main reasons sentiment for XRP has collapsed
Common reasons include prolonged underperformance vs other cryptocurrencies regulatory uncertainty lack of major bullish catalysts and a general shift of investor capital into other assets like Bitcoin or Ethereum
7 Does a historic low ratio mean XRP is a buy opportunity
Some contrarian investors see extreme pessimism as a potential buying opportunity arguing that all bad news is priced in However it could also signal a continuing downtrend Its a highrisk signal not a guarantee of a reversal
8 How is this XRPGold ratio calculated
Its calculated by taking the current price of 1 XRP in USD