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Analyst: XRP Behaving Like a Boss. The Next BIG Bounce Is Imminent

Respected market watcher STEPH IS CRYPTO recently spotlighted a powerful setup on X, describing XRP as “behaving like a boss” on the weekly chart and warning that the “next BIG bounce is imminent.”

The analyst stresses that XRP’s present price movement is crucial, as it persists within a vital support range marked in his graphical analysis.

Weekly Support Holding Strong

The weekly XRP/USDT chart shows the token consolidating within a well-defined green support band. This range, visible in the shared chart, has repeatedly attracted buyers since July’s rally. 

Latest market data places XRP in the low $3.00 zone, where consistent bids indicate a robust base-building phase. Such stability at a major support level often precedes sharp directional moves.

Patterns and Potential Breakout Levels

Independent chart analysts note that XRP is trading within a narrowing triangle, a technical formation that frequently resolves with a significant breakout. Key levels to monitor are a decisive close above the $3.10–$3.20 range and a high-volume surge past $3.40. 

Historical price behavior suggests that clearing these barriers could open a path toward $3.60 and beyond. These metrics align closely with STEPH IS CRYPTO’s outlook and provide traders with clear confirmation targets.

Market Conditions Supporting Momentum

The broader crypto market is also turning more favorable. Renewed risk appetite, buoyed by expectations of looser monetary policy and increasing institutional interest, has lifted liquidity across major altcoins. Analysts report stronger capital inflows and improved bid depth, creating a market environment where a confirmed breakout in XRP could accelerate quickly.

Strategic Takeaways for Traders

While the setup is enticing, traders looking to act on this signal should watch for a weekly close above the triangle’s upper trendline, accompanied by rising volume. 

Position sizing remains crucial: partial entries into strength and protective stops just below the green support band help manage downside risk if the pattern fails.

Outlook

Steph Is Crypto’s analysis captures a technically compelling moment for XRP. With price action locked inside a sturdy weekly support range and momentum indicators aligning, the token is poised for a decisive move. 

A breakout above the $3.10–$3.40 corridor, backed by solid volume, would validate the “next BIG bounce” scenario and could send XRP sharply higher in the weeks ahead.

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 urged to do in-depth 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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Zaccheaus Ogunjobi
Zaccheaus Ogunjobi
I am a passionate and experienced writer with a strong focus on cryptocurrency and the financial landscape. With a keen eye for market trends and emerging financial technologies, I strive to deliver insightful, well-researched content that educates and informs. Whether breaking down complex financial concepts or analyzing the latest market movements, my goal is to make finance accessible and engaging for a wide audience.
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