Crypto analyst Steph Is Crypto (@Steph_iscrypto) has issued a revised outlook on XRP, and the details are worth examining closely. His latest video covers a technical development that he believes most investors will miss. The setup he describes has a direct historical precedent, and he identifies specific levels.
A Trendline Nearly a Decade in the Making
The central concern in the video is a trendline that has been active since 2017. Steph Is Crypto describes it as “a legendary trendline because every single time… we see a massive bounce from this exact trendline.”
The weekly candle at the time of recording was trading below it. He acknowledged that a wick below the line is not necessarily fatal, citing past instances in which the asset dipped below briefly before recovering. The key test, he says, is the Sunday weekly close. He wants to see it close above $1.30.
EVERYONE IS WRONG ABOUT $XRP’S PRICE… pic.twitter.com/1VbZTUwL0o
— STEPH IS CRYPTO (@Steph_iscrypto) June 3, 2026
The Double Bottom Scenario
Steph Is Crypto is now watching for a potential double bottom retest near $1.12. That level marks the wick low from the end of February. His view is that XRP could come down to take liquidity below that wick before recovering. This is the primary scenario he is tracking.
A break back above $1.27 on the daily would put XRP back inside the previous range, which he considers a constructive sign.
XLM as a Leading Indicator
A significant portion of the analysis centers on XLM. Steph Is Crypto points out that XLM followed a nearly identical path. It broke below its range, dropped down to approximately $0.13 at the end of February, formed a double bottom, and then staged a strong rally.
He also notes that XLM recently bounced from the same long-term weekly trendline he is watching on XRP. The parallel is intentional. He uses XLM’s resolved structure as a template for what he believes XRP could do next.
What Comes Next?
The analyst is not predicting a definitive direction. He is watching two conditions: whether the weekly candle closes back above the trendline, and whether the $1.12 area acts as support on any further downside. If both conditions play out similarly to XLM, his expectation is a recovery to the upside.
He stated, “I think there is something happening that people are missing out on.” The coming Sunday close will be the first real data point. Traders holding XRP should watch $1.27 and $1.30 as the most immediate levels that matter.
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
