XRP, 'Price Suppressed' as Money Pours into NVIDIA... Long-Term Structure 'Holds On' Despite Weak Sentiment

▲ XRP, NVIDIA/AI Generated Image

An analysis suggests that while XRP has been pushed out of investor interest after a prolonged consolidation phase, its price structure has not completely collapsed. One crypto analyst noted that instead of looking at the XRP dollar chart, one should observe the relative flow between XRP and NVIDIA, highlighting the possibility that funds that had flowed into AI trading could shift back to overlooked cryptocurrency structures.

Bitcoinist reported on May 21 (local time), citing an analysis shared by crypto analyst Cryptollica on X (formerly Twitter), that what many investors are missing in the XRP chart is not just the simple XRP/USD chart, but the XRP/NVIDIA ratio. This ratio was presented as an indicator showing how much XRP has underperformed compared to NVIDIA, which has dominated the market for several years.

According to Cryptollica's chart, XRP/USD remains within an uptrend structure that has continued from 2017 to the current cycle in a 10-day timeframe. XRP's price movement has repeatedly followed a pattern of long-term compression, followed by expansion, and then a cooling-off period. This pattern was observed during the 2017 breakout, the 2021 surge, and the correction phase after a rally that surpassed the multi-year compression zone in 2025.

XRP has traded sideways between $1.6 and $1.3 since February 2026. Cryptollica assessed that the current market is interesting not because it favors the XRP chart, but because the long-term structure has not completely collapsed despite weak investor sentiment. He noted that even if the price movement is stagnant, the long-term structure itself is not invalidated, and the key is whether the bottoms are getting higher in each cycle.

The core of the analysis was the XRP/NVIDIA ratio, not XRP's dollar price. This ratio tracks how XRP has performed against NVIDIA, which has been one of the strongest stock trades in recent years. Bitcoinist reported that NVIDIA's demand for AI chips drove its earnings growth, with recent quarterly revenue increasing by 85% from $44.01 billion to $81.62 billion.

Cryptollica analyzed that in the three marked cycles, XRP consistently lagged behind NVIDIA, forming lower highs in each period. However, he suggested that if this relative structure begins to reverse, it would not just be about XRP, but could signal a shift of risk-on capital from overheated tech stocks to overlooked cryptocurrency structures.

Bitcoinist noted that while the XRP/NVIDIA ratio has not yet confirmed a reversal, it is worth watching. The analysis suggests that the market may be excessively concentrated in NVIDIA and AI trades, and a capital rotation towards forgotten crypto assets could occur. At the time of writing, XRP was trading at $1.37.

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