XRP has moved into a critical price area after breaking above a level that Crypto Analyst Steph Is Crypto had watched closely.
However, he says the move still needs confirmation before traders can consider the breakout fully established. In his latest tweet, Steph Is Crypto examined XRP’s price action around $1.53, outlined several key support levels, and identified potential targets at $2 and $2.44.
Steph Is Crypto Watches XRP at $1.53
Steph Is Crypto said XRP had finally reached the breakout stage after closing above $1.42. At the time of his recording, XRP traded around $1.53 but had started to stall at that level.
The analyst said XRP currently tests the neckline of a large cup-and-handle formation. He said the neckline is around $1.53, and XRP needs to close above about $1.56 for stronger confirmation.
Steph Is Crypto said he would prefer XRP to print a larger bullish daily candle on higher volume. He also warned that the current price action does not yet provide enough confirmation for him to treat the breakout as complete.
$XRP!!!!!!! LAST CHANCE OF YOUR LIFE!!!!!!! pic.twitter.com/GFDMA4ApFX
— STEPH IS CRYPTO (@Steph_iscrypto) September 22, 2026
Analyst Sets $2 and $2.44 Price Targets
Steph Is Crypto maintained a short-term XRP target near $2. However, he cautioned that XRP would not necessarily reach that level through a direct move higher.
He also calculated a potential target of approximately $2.44 from the cup-and-handle formation. Despite that target, he said he would not enter a new position around the current $1.53 level because XRP still shows some short-term weakness.
The analyst also discussed risk for traders considering new long positions. He said a stop-loss area around $1.36 to $1.37 would be a substantial decline from the current price, which changes the risk-reward setup compared with earlier levels.
XRP Ledger Activity Adds to His Analysis
Steph Is Crypto also discussed XRP Ledger‘s activity. He cited a reported increase of more than 84% in XRP’s burn rate while acknowledging that the actual amount of XRP burned remains relatively small.
He said the increase could indicate greater activity on the XRP Ledger and described that development as bullish.
The analyst also referenced comments from Ripple CEO Brad Garlinghouse following developments surrounding the Clarity Act. Steph Is Crypto summarized Garlinghouse’s message as the view that technological progress continues regardless of political developments.
He also mentioned a proposal submitted to the SEC that models XRP at $3,300 and proposes that the United States acquire 10 billion XRP for a potential global settlement system. Steph Is Crypto clearly stated that the proposal does not represent an SEC prediction or an official U.S. government plan.
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$1.43 Remains a Critical Support Level
Steph Is Crypto identified $1.48 as the first support below XRP’s current price. If XRP falls below that level, he expects the $1.43 area to become important.
He said a break below $1.43 could signal that the recent upward move has lost strength. He specifically wants XRP to avoid a daily close below that level.
On the upside, Steph Is Crypto said a move above $1.56 to $1.57 could confirm a larger continuation higher. His analysis therefore places XRP between two important technical zones as the market tests whether the current breakout can continue.
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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