XRP market analyst JayDee has projected a potential price target of $5.32 for XRP, contingent on a significant decline in Bitcoin dominance. JayDee highlights a hidden bullish divergence on XRP's monthly chart and a retest of a seven-year ascending trendline as indicators of a possible major expansion phase. If Bitcoin dominance decreases, XRP could see its market cap soar to approximately $325 billion, representing a fourfold increase from its current valuation. JayDee also notes the possibility of a "pink box" scenario, where XRP might experience a deep pullback before a larger multi-year expansion. This aligns with broader expectations that a drop in Bitcoin dominance could trigger a strong altcoin rotation, similar to the 2017 cycle. Currently, XRP trades around $1.35, significantly below its 2025 peak of $3.66, as investors await potential shifts in market dynamics.