{"id":4675,"date":"2025-05-16T04:11:09","date_gmt":"2025-05-16T04:11:09","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/surprising-link-between-xrp-and-crude-oil-revealed-by-analyst\/"},"modified":"2025-05-16T04:11:09","modified_gmt":"2025-05-16T04:11:09","slug":"surprising-link-between-xrp-and-crude-oil-revealed-by-analyst","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/surprising-link-between-xrp-and-crude-oil-revealed-by-analyst\/","title":{"rendered":"Surprising Link Between XRP And Crude Oil Revealed By Analyst"},"content":{"rendered":"

Independent market technician Dom (@traderview2) has drawn<\/a> the crypto community\u2019s eye to an unconventional but increasingly watched ratio: XRP priced in West Texas Intermediate crude.<\/p>\n

The Link Between XRP And USOIL<\/h2>\n

In a two-hour TradingView screenshot posted on 14 May, the analyst shows the XRP\/USOIL pair fading\u2014twice\u2014in the exact same resistance shelf that has capped price action since mid-December. \u201cLast night we tapped the five-month range high again and price rejected perfectly,\u201d he wrote, adding that \u201cit\u2019s amazing how much we are respecting this level as it gives a clear zone bulls need to fully regain for the next impulse higher.\u201d<\/p>\n

\"XRP\/USOIL\"<\/p>\n

Since December last year, the XRP price has been hammered down six times in the exact same resistance area. On May 13, Dom wrote: \u201c Could you ask for a cleaner range? This chart should be in a textbook\u2026 We know the importance of this range high. If it breaks, the probability $XRP goes to a new ATH goes up drastically. We know what happened right after BTC \/ USOIL hit it’s ATH 2 weeks ago, I would expect something similar here. Patience, this needs steam to breakout here.\u201d<\/p>\n

That ceiling is circumscribed on Dom\u2019s chart by a charcoal-grey block from roughly 0.0418 to 0.0430. Each of the last two probes into the band\u2014one during Asian trade on 12 May, the second during the New-York session on 14 May\u2014produced sharp downside wicks.<\/p>\n

\"XRP\/USOIL<\/p>\n

Momentum, moreover, is flowing against heavy sell pressure in the spot token. Citing on-chain order-flow analytics, Dom highlighted that \u201c$210 million of XRP has been net-market-sold over the past seven days\u2014despite this, XRP is up twenty percent.\u201d He argues that such divergence implies absorption by professional liquidity providers rather than retail exuberance: \u201cMarket makers or whales are likely soaking up aggressive asks through passive limit bids. When that dynamic persists, it usually precedes an explosive upside once sellers exhaust themselves.\u201d<\/p>\n

Community members quickly asked what a definitive breakout could portend for XRP priced in dollars. One follower, The Standard (@Xrpdemon589), pressed: \u201cWould you say if it breaks it, it will have another parabolic move up breaking ATH?\u201d Dom responded, \u201cIf we see a full breakout, historically yes, it\u2019s only time until XRP\/USD prints a new high.\u201d<\/p>\n

Crypto commentator Moon Lambo (@MoonLamboio) queried the intellectual basis for linking an energy-based ratio to the standalone token. Dom conceded no fundamental thesis is proven, but stressed the analytical utility: \u201cI really just think it provides another perspective of price action when we peg it to something deeply woven into the economic system. I don\u2019t think there is any specific relationship\u2014rather, it\u2019s useful to see things you wouldn\u2019t otherwise see on the USD pair.\u201d<\/p>\n

Technically, the map is binary. Dom reiterated that he has \u201calerts set for a full breakout\u201d above 0.0418\u20130.0430; any two-hour close in that region would, in his view, constitute decisive range expansion and \u201cgive bulls the runway for the next impulse higher.\u201d Should buyers instead relinquish the amber pivot at 0.0394, the door reopens to 0.0378 minor support, with a break there exposing the 0.0357 floor and negating the current series of higher lows.
\nUntil either boundary yields, XRP\/USOIL remains in its five-month box, but the very act of watching the pair, Dom contends, sharpens traders\u2019 macro lens. \u201cBTC, USOIL, XRP\u2014combining them is just another way to triangulate liquidity,\u201d he wrote. \u201cSometimes the edge is simply seeing the same market from a slightly different angle.\u201d<\/p>\n

At press time, XRP traded at $2.46.<\/p>\n

\"XRP<\/p>\n","protected":false},"excerpt":{"rendered":"

Independent market technician Dom (@traderview2) has drawn the crypto community\u2019s eye to an unconventional but increasingly watched ratio: XRP priced in West Texas Intermediate crude. The Link Between XRP And USOIL In a two-hour TradingView screenshot posted on 14 May, the analyst shows the XRP\/USOIL pair fading\u2014twice\u2014in the exact same resistance shelf that has capped…<\/p>\n","protected":false},"author":1,"featured_media":4676,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[361],"tags":[150,326,327,362,364],"class_list":["post-4675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrp-price-analysis","tag-xrp-technical-analysis"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/4675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=4675"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/4675\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/4676"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=4675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=4675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=4675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}