Why This Pundit Believes It’s “Game Over” For XRP Following The Crash
The recent market-wide crash that despatched the XRP value tumbling to $1.2 earlier than an instantaneous 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 essential turning level for XRP. Although his outlook acknowledges the possibility of recovery, his deeper evaluation of XRP’s chart historical past and key indicators paints a combined image of what lies forward for the cryptocurrency.
Bearish RSI Divergence Echoes 2021 Price Collapse
According to Steph, XRP’s present construction on the weekly timeframe carefully mirrors the 2020 to 2021 cycle that led to a 74% correction. The analyst highlighted a bearish RSI divergence the place the value varieties greater highs whereas the RSI varieties decrease highs, indicating that purchasing momentum is fading whilst costs try to climb.
In his view, this sample has all the time indicated exhaustion in bullish energy 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. Based on this, XRP could possibly be nearing the tip of its corrective part earlier than a rebound if history repeats itself.
Steph acknowledged that the crypto market’s latest crash was closely influenced by macroeconomic elements, together with the US president’s announcement of a 130% tariff on Chinese 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 greater liquidity targets and new all-time highs above $4. However, sustained bullish momentum from right here relies on reclaiming different essential value ranges.
XRP Price Levels To Watch Before Calling A Bottom
Despite the bullish prediction, you will need to be aware that XRP continues to be at a technical crossroads that may either be bullish or bearish. The value has fallen under its vary between $2.65 and $2.84, which had served as help for months. Therefore, reclaiming no less than $2.65 on the weekly shut is important to verify that the underside is in and that the restoration part has begun.
In his video, crypto analyst Steph additionally talked in regards to the significance of the 50-week easy shifting common (SMA), which is at present round $2.45. Closing under this line has marked the beginning of bear markets for XRP. If we see one or two weekly closes under $2.40, then that’s a sign to exit crypto.
The bullish prediction, one that would even lead XRP to new all-time highs, relies on if it manages a weekly shut above $2.4, breaks above $2.65 and its 50-week SMA, and sustains shopping for energy. At the time of writing, XRP is buying and selling at $2.52, up by 2.6% previously 24 hours.