Bollinger Bands Founder Praises XRP for Exceptional Resilience, Says XRP Could Be the New Market Leader

John Bollinger, the inventor of Bollinger Bands, has praised XRP for its exceptional resilience during the recent significant downturn in the crypto market.

Notably, this week has been turbulent for crypto, with major assets tanking to historic lows. Meanwhile, XRP has demonstrated resilience, outperforming other major cryptocurrencies.

Bollinger highlighted this strength in a recent tweet, noting that XRP resisted the market’s downward pull better than its peers. He showered praise on the third-largest crypto with the following statement:

“Of all the major crypto assets, XRP resisted the recent singing of the Siren’s song best.”

How XRP Held Up Better Than Bitcoin, Ethereum, and Solana

This observation aligns with XRP’s recent price performance, where it held key support levels while Bitcoin and other top assets faced sharp corrections.

Notably, Bitcoin dipped to $76,600 this week shortly after trading above $86,000. This represented Bitcoin’s greatest decline of the year, taking it back to levels seen in November 2024.

In Ethereum’s case, it lost the $2,000 level completely and dropped to as low as $1,760. The last time Ethereum traded at this level was in November 2023. Currently, Ethereum is trading with a massive yearly loss of 54%.

A similar breakdown occurred in Solana this week, as its price dropped to $113, a low point not seen since August 2024.

Meanwhile, XRP withstood the selling pressure better. It only dipped to $1.916 this week, which is not even its lowest price of 2025, unlike Bitcoin, Ethereum, and Solana, which plummeted to historic lows.

XRP to Become the New Market Leader?

XRP’s remarkable resilience in weathering this storm has attracted widespread admiration from market watchers and critics. Veteran trader John Bollinger is the latest to highlight XRP’s outstanding performance.

In his commentary, he raised the possibility that XRP could become the new market leader. This suggests that XRP might continue to outperform other major crypto assets as the bull season progresses.

Of all the major crypto vehicles Ripple resisted the recent singing of the Siren’s song best. Will it become the new leader? $XRPUSD

— John Bollinger (@bbands) March 14, 2025

Already, XRP is leading the recovery in the market among the most prominent assets. Today, XRP is up 6.1%, trading at $2.43. This uptrend has erased its losses over the past 30 days. Now, XRP boasts an impressive year-to-date gain of 16%.

Meanwhile, Bitcoin is up 3% today, trading at $84,200. However, its 30-day performance still shows a 13% loss. Likewise, Bitcoin has lost all the gains it accrued since January, as its YTD performance now shows a 10% loss.

Ethereum is far from fully recovering. While it is up 2% today, trading at $1,930, it remains down by 40% on the 30-day scale. Its year-to-date performance shows a more staggering loss of 43%.

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