HomeCryptocurrencyMarket Strategist: If You Hold XRP, I Got News for You

Market Strategist: If You Hold XRP, I Got News for You

Steph Is Crypto (@Steph_iscrypto), an XRP-focused analyst with a notable social following, posted an analysis to address a critical misread of current market conditions. Most XRP holders believe the recent price move was a bull trap, but he disagrees.

The Monthly EMA Ribbon Pattern

Steph’s primary argument centers on XRP’s monthly time frame and its relationship to the EMA ribbons. In 2020, XRP price touched the lower boundary of the EMA ribbons and subsequently launched into a bull run. In 2022, the same interaction occurred at the ribbon’s lower edge, again marking the bottom before a major rally.

In 2024, it happened a third time, triggering an explosive surge at the end of that year. Steph states that each instance “provided the exact bear market floor, bear market bottom for XRP.” Right now, he says, XRP has once again bounced off that lower boundary. The pattern has repeated three times. He concluded that the bear market low is likely already in.

Short-Term Levels to Watch

Steph also addresses XRP’s daily chart using Fibonacci retracement levels measured from the recent low to the recent high. XRP is currently holding near the 0.382 level. He acknowledges that further downside is possible and identifies $1.31-$1.129 as a key support zone at the 0.5 Fibonacci level, noting that the asset bounced there in March and April.

If XRP loses that level, he places his worst-case retracement target at $1.20, which aligns with the 0.618 Fibonacci level. He notes that the price bounced sharply from that area in February. On the daily time frame, the EMA ribbons add further confirmation. XRP sits well above them after the recent price rally, and the analyst describes this as “strong bullish momentum” in the short term.

Retail Retreat Creates Opportunity

One additional data point strengthens his thesis. XRP search volume, after spiking with the recent price move, has collapsed back to near-lows over the past several days. Retail participants are stepping back. Steph sees this as a signal that most investors are positioned incorrectly.

The Bigger Picture

Steph zooms out to reinforce his core view. XRP search interest remains well below its highs from 12 months ago, meaning retail demand has not yet returned in force. He argues this gap represents significant upside potential once broader participation resumes.

His read of the historical and technical data leads to a clear conclusion: XRP is following the same structural path it has traced through every previous bear market, and the bottom is most likely already behind us.

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.


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Tobi Loba
Tobi Loba
Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.
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