Market Strategist Sends Trade Warning to XRP Holders
2025-07-24 19:25
Crypto analyst Steph Is Crypto has shared a detailed analysis of XRP’s current technical stand, highlighting a critical resistance level on the monthly chart that he describes as a pivotal area for the asset’s short-term and long-term trajectory. In the video shared alongside his tweet, Steph examined XRP’s price movement since the 2020 bull market, noting the repeated rejections at a rising trendline that has now been tested three times. According to Steph, the first major rejection at this trendline occurred during the 2020 rally and coincided with the beginning of a prolonged bear market. The second rejection was seen in either December 2024 or January 2025, followed by the current price action, which again shows XRP facing resistance at the same level. This, he explained, represents a multi-year resistance zone that XRP needs to break to confirm a bullish continuation. Steph stressed that a confirmed breakout above this trendline, particularly with a strong weekly candlestick close, could invalidate prior market cycles and set XRP on a path to significantly higher valuations, potentially into double-digit territory. Conversely, another rejection from this level could lead to a period of downward pressure. However, the analyst indicated that he sees the likelihood of a breakout as higher, citing strong ongoing momentum in July’s monthly candle and the occurrence of two recent tests within a short timeframe. #XRP WARNING!!!!!!!!!!!! pic.twitter.com/YWAkDvO1pg — STEPH IS CRYPTO (@Steph_iscrypto) July 24, 2025 Short-Term Structure: Double Bottom and Key Support at $3 On the 4-day timeframe, Steph pointed to a double bottom formation that has already broken its neckline. Despite the broader crypto market experiencing bearish sentiment at the time of recording, he noted that this bullish reversal pattern remains active, with a technical target of approximately $4.42. At the time of his analysis, XRP was priced at around $3.25 but had recently seen movement toward $3.48. The analyst emphasized the importance of the $3.00 level as a strong area of support. Historically, this region has seen significant price interaction, including multiple rejections and a fakeout earlier in the year. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 If XRP sees a short-term pullback due to temporary overheated market conditions or extreme greed in the crypto sentiment index, Steph believes this $3 area could attract renewed buying interest. Momentum Indicators Suggest Further Potential Upside Reviewing XRP’s weekly chart, Steph assessed the MACD indicator and found that, despite a notable rally from $0.50 to $3.40 earlier in 2024, current MACD momentum levels are still well below that peak. He interprets this as a signal that there could still be substantial upside potential for XRP in the coming months. Nonetheless, he warned of emerging bearish signals. On both the weekly and two-month timeframes, the stochastic RSI has entered overbought territory. Historically, these conditions have preceded corrections in XRP’s price, including pullbacks of 35% to 46% during previous peaks. Steph observed a divergence during the December–January period, where price action made a higher high while the stochastic RSI registered a lower high, signaling potential weakness. Despite this, he maintained that XRP could still move higher in the short term, with his near-term targets ranging between $4 and $5. He cautioned that these levels might act as resistance and could trigger a corrective phase before the market resumes its uptrend. He added that this outlook does not mark the end of the current cycle, but it places XRP in what he termed the “danger zone” of the ongoing bull run. Outlook for Q3 and Q4 2025 with Emphasis on Caution Steph concluded his analysis by referencing the altcoin season index, recommending that traders pay attention to this metric to help identify optimal periods for accumulating or exiting altcoin positions. He remarked that while the index suggests altcoins still have room to run, a reading above 75 could signal an impending correction across the broader altcoin market, including XRP. He estimated that the ongoing rally may extend through the third quarter and possibly into the fourth quarter of 2025. However, he advised market participants to consider locking in profits incrementally as XRP approaches key resistance levels. While reiterating that this is not financial advice, he underscored the importance of risk management, particularly as technical signals begin to indicate market exhaustion. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Market Strategist Sends Trade Warning to XRP Holders appeared first on Times Tabloid .