Sentiment around XRP has turned cautious in recent weeks. Many traders have grown bearish. But crypto analyst Steph Is Crypto is urging his audience to zoom out, as he references a chart stretching back to 2020.
In a video posted to X, Steph Is Crypto walked through the monthly time frame for XRP and identified a long-term upward trend line that has held price since 2020.
According to the analyst, XRP recently bounced off this exact trend line during a significant August candle. He noted that every previous touch of this line was followed by a major price rally.
$XRP: LISTEN TO THIS URGENTLY!!!!!! (not clickbait) pic.twitter.com/v2Y8jpV0ld
— STEPH IS CRYPTO (@Steph_iscrypto) October 24, 2026
The Trend Line That Has Held Since 2020
Steph Is Crypto pointed to a consistent pattern. Each time XRP tested this monthly support level, buyers stepped in and price moved sharply higher. The analyst believes this touch could set up a similar move.
At the time of recording, XRP was trading at $1.27. Steph Is Crypto said a drop of 16–17% from that level would still leave the trend line intact. He also noted that a fall as low as $1.05 could form a double bottom and remain technically bullish. “As long as we’re holding above this trend line,” he said, “I still don’t understand why people are bearish.”
Daily Support and the Short-Term Picture
On the daily chart, the analyst identified a support range between $1.25 and $1.29 — a level in play since February 2026. XRP broke below it, retested it from below, then reclaimed it. Steph Is Crypto said that as long as price holds above this zone, there is no strong reason to turn bearish in the short term.
He set a clear condition for concern. If XRP closes one or two daily candles below $1.25, he would expect a move toward $1.20. Until that happens, he views the current price as sitting on support.
Where the Analyst Stands
Steph Is Crypto closed the video with a clear position. He remains bullish on XRP across both mid-term and long-term time frames. The monthly trend line is his anchor. Even if short-term volatility pushes price lower, he sees any dip toward $1.05 as a buying opportunity rather than a warning sign.
The analyst’s core argument is straightforward. XRP is holding a structure that has repeatedly preceded strong rallies. Until that structure breaks, he sees no reason for the bearish conviction currently spreading through the market.
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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