Top Analyst Says XRP Price Is About to Go Crazy. Here’s the Signal
XRP has spent recent weeks quietly building pressure. Crypto analyst Steph Is Crypto (@Steph_iscrypto) now believes that pressure is close to releasing in a significant way, and the price target he has set will surprise many traders who stopped paying attention.
The Setup on the Chart
On the 8-hour timeframe, XRP has been consolidating after the recent major surge. Steph identifies the current structure as a bull flag or bull pennant, describing it as “typically speaking a continuation pattern.” The critical level to watch is $1.43.
He specifies that one or two 4-hour closes above that level would confirm the breakout. If that confirmation arrives, his short-term price target is $2.10, a 56% move from the current position.
The downside level to monitor is $1.30. Steph states that $1.30 is “the level that should hold at all costs.” A loss of that level opens the door to a larger move lower, though his primary expectation remains to the upside.
The Weekly Picture
Zooming out to the weekly timeframe adds weight to the setup. Steph notes that XRP has been trading in a compression pattern since the bear market began in July of last year. A large weekly candle has now broken that pattern. He describes the move as “a clear break of trend, a break of structure, possibly the beginning of a massive move higher for XRP.”
That longer-term view comes with a larger target. The top of a falling wedge on the bigger picture chart sits at approximately $3.68. Steph is clear that reaching that level will take time and will not happen in a single move. He does, however, believe that XRP could set a new all-time high before the end of the year.
Why the Opportunity Exists
Steph points to retail behavior as a key reason the current setup remains underappreciated. When XRP almost reached $1.70 last week, retail traders exited. He says that since that spike, “retail gave up; retail exited the space once again.” With attention low and the consolidation pattern still intact, he believes those watching closely now hold a meaningful advantage.
The Levels That Matter
The analysis comes down to two numbers. $1.43 to the upside is the confirmation trigger for a move toward $2.10. $1.30 to the downside is the line that needs to hold for the bullish structure to remain valid. Steph expects the decisive move any day now and calls this “the time to pay close attention.”
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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