The recent market-wide crash that despatched the XRP worth tumbling to $1.2 earlier than a right away rebound has left merchants questioning whether or not the worst is over. Crypto analyst Steph, in an in depth technical evaluation shared on X, famous that the latest move could possibly be an necessary turning level for XRP. Though his outlook acknowledges the possibility of recovery, his deeper evaluation of XRP’s chart historical past and key indicators paints a blended image of what lies forward for the cryptocurrency.
Bearish RSI Divergence Echoes 2021 Value Collapse
According to Steph, XRP’s present construction on the weekly timeframe intently mirrors the 2020 to 2021 cycle that led to a 74% correction. The analyst highlighted a bearish RSI divergence the place the value varieties increased highs whereas the RSI varieties decrease highs, indicating that purchasing momentum is fading whilst costs try and climb.
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In his view, this sample has all the time indicated exhaustion in bullish power and the start of corrections. Steph drew comparisons to late 2024, up till July 2025, when XRP’s weekly RSI was declining regardless of rising costs. This setup has now triggered the newest 65% correction that reached a bottom over the weekend.
He famous that the correction, which began round July 14, has lasted greater than 80 days, just like the period of the 2021 correction. Primarily based on this, XRP could possibly be nearing the tip of its corrective section earlier than a rebound if history repeats itself.
Steph acknowledged that the crypto market’s current crash was closely influenced by macroeconomic components, together with the US president’s announcement of a 130% tariff on Chinese language imports, efficient November 1. This shock, mixed with leveraged positions throughout the market, led to the deepest liquidation wicks ever recorded for XRP.
Nonetheless, the analyst believes that XRP has flushed out extreme leverage and cleared liquidity zones round $2.25, and this has set the stage for a possible rebound to increased liquidity targets and new all-time highs above $4. Nonetheless, sustained bullish momentum from right here will depend on reclaiming different necessary worth ranges.
XRP Value Ranges To Watch Earlier than Calling A Backside
Regardless of the bullish prediction, it is very important observe that XRP remains to be at a technical crossroads that may either be bullish or bearish. The worth has fallen beneath its vary between $2.65 and $2.84, which had served as assist for months. Due to this fact, reclaiming not less than $2.65 on the weekly shut is crucial to substantiate that the underside is in and that the restoration section has begun.
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In his video, crypto analyst Steph additionally talked concerning the significance of the 50-week easy transferring common (SMA), which is at present round $2.45. Closing beneath this line has marked the beginning of bear markets for XRP. If we see one or two weekly closes beneath $2.40, then that’s a sign to exit crypto.
The bullish prediction, one that might even lead XRP to new all-time highs, will depend on if it manages a weekly shut above $2.4, breaks above $2.65 and its 50-week SMA, and sustains shopping for power. On the time of writing, XRP is buying and selling at $2.52, up by 2.6% up to now 24 hours.
Featured picture from Getty Pictures, chart from Tradingview.com