Pakinomist – appears poised for a potential historic breakout against (BTC), following a recent rally that has seen the altcoin clear the critical 30-day resistance level. XRP’s performance over the past few months suggests that it may now be positioned to rise towards $4, with a long-term target of $8.

In the last two months, the price of XRP has increased by 271% against the leading cryptocurrency, rising all the way from 0.00000733 BTC to 0.00002678 BTC per XRP. However, this is the level where the price of the digital asset met the first major resistance against Bitcoin.

This is not new, as XRP previously failed to rise above 0.00002678 BTC on several occasions, such as in the summer of 2023 or the fall of 2022.

It is not even this exact price point, but the zone of rare wicks that occur after sudden pumps can put XRP as high as 0.00004239 BTC. Anything above that is forbidden territory — at least since spring 2019, nearly six years ago, when XRP was last estimated at at least 0.00007 BTC.

If the recent wave of growth materializes into something bigger, then we could see XRP set a new local high or even an all-time high against Bitcoin.

However, the disappointment will be huge if the popular altcoin this time finds its rest against the leading cryptocurrency there, making any projection that it aims higher for once every six years.

Interestingly, estimates of XRP reaching as high as $4.20 were first called by Pakinomist last August when the asset was just starting to hint at a breakout. This was named as a primary endpoint if the outbreak is validated.

Now we get another confirmation of such a forecast, but this time from XRP’s performance against Bitcoin.