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TimesTabloid 2025-06-02 05:46:18

XRP Price Prediction: Analyst Says Everything Just Changed, Calls Massive Breakout

Crypto market analyst Steph (@Steph_iscrypto) has released a new technical analysis of XRP, suggesting a strong potential for a significant price movement. In a video captioning “XRP PRICE PREDICTION (Everything Just Changed!!!),” Steph closely examined XRP’s multi-year price patterns and indicated that the asset may be nearing the end of a prolonged consolidation phase. The analysis points to technical parallels between the current XRP market structure and the price activity observed during the 2017 bull run. In the video, Steph analyzed the monthly XRP chart, indicating that each candlestick represented a full month of price action. While short-term volatility was acknowledged, the focus was placed on the broader trends visible on higher timeframes. Steph noted that XRP has traded within a relatively narrow range between $1.60 and $3.40 for approximately 175 days. The current price, as mentioned in the video, stood at $2.19 at the time of recording. #XRP PRICE PREDICTION (Everything Just Changed!!!) pic.twitter.com/C9T4P2NkY3 — STEPH IS CRYPTO (@Steph_iscrypto) May 31, 2025 Consolidation Pattern Mirrors Historical Setups Highlighting a key technical observation, Steph identified that XRP has remained in a sideways movement since December 2024. This stagnation follows a long period of similarly indecisive market behavior. According to the analysis, XRP has exhibited a trend of establishing higher lows since bottoming out during the bear market in June 2022. This pattern of higher lows aligns with previous bullish setups in the asset’s history. Steph then drew a detailed comparison between the current cycle and the 2017 bull market. During that earlier period, XRP experienced a large initial move upward, followed by a lengthy sideways range lasting 203 days. That phase concluded with a sharp upward breakout, resulting in an approximately 15-fold increase in value. By comparison, the current consolidation phase has lasted 175 days so far, raising the possibility of a similar breakout occurring within the next few weeks if historical patterns hold. Elliott Wave Structure Suggests One Final Leg Up The analysis further explored the full-time structure of prior cycles. From June 2022, XRP has spent roughly 750 days in what Steph called a “choppy, strange” trading pattern. A similar prolonged sideways trend preceded the 2017 surge, which lasted 931 days before the price experienced a dramatic rise. These similarities, according to Steph, suggest a strong probability that XRP is in the final stages of accumulation before a move higher. An Elliott Wave count was also applied to both the current price structure and that of the 2017 cycle. Steph explained that XRP appears to be in wave four of a five-wave impulse move, with one final wave remaining. In 2017, the fifth wave concluded with a substantial peak. Based on this model, the current chart could be poised for a fifth wave that aligns with a broader market top. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Bull Run Projection Targets $26 to $30 Range If a move similar to the one in 2017 occurs, a 15x increase from the current range could place XRP around the $26 level. Steph noted that this estimate aligns closely with their broader bull run target of approximately $30 for XRP. Although no prediction was stated as certain, the analysis suggested that multiple technical indicators point to the likelihood of another upward leg in XRP’s market cycle. The video also covered the state of the broader crypto market. According to Steph, the crypto fear and greed index remained in “greed” territory, but could reset slightly in the short term. A brief dip or further sideways movement may occur before any potential upward move. However, Steph’s view remains optimistic in the long term. Final Observations and Market Outlook Closing the analysis, Steph emphasized that XRP is approaching a key inflection point. A breakout, while not guaranteed, is described as probable based on historical technical signals. While acknowledging that market interest has diminished in recent months, the analyst maintained that the current phase could represent a final opportunity before a potential major move. 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 The post XRP Price Prediction: Analyst Says Everything Just Changed, Calls Massive Breakout appeared first on Times Tabloid .

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