
Analyst Says XRP Is At the End Stage of the Bull Market. Here’s why
Crypto analyst STEPH IS CRYPTO has issued a cautionary warning that XRP may be nearing the conclusion of its 2025 bull run. This ominous forecast is based on several technical indicators and historical patterns.
According to his analysis, the current price action of XRP bears an uncanny resemblance to its past major breakout in 2017. The comparison highlights a striking parallel between the two cycles, including identical price structures and momentum indicators.
One key factor that underscores this warning is the Stochastic RSI (Relative Strength Index). This momentum indicator has reached its maximum value of 100, which often signals an overbought market condition. This phenomenon occurred previously during XRP’s peak in January 2018, when the cryptocurrency surged from roughly $0.006 to a staggering $3.84, resulting in a gain of more than 60,000%.
Moreover, STEPH IS CRYPTO has pointed out that XRP is currently exhibiting a classic end-stage pattern in Elliott Wave Theory. This phenomenon typically precedes a sharp correction, leaving investors and traders susceptible to being caught off guard by the sudden reversal.
While fundamental indicators, such as Ripple’s ecosystem expansion, RLUSD adoption growth, and transaction burns reducing supply, may suggest otherwise, STEPH IS CRYPTO emphasizes that technical analysis takes precedence over sentiment.
The renowned analyst advises traders to exercise caution and take profits wisely, as any reversal would likely be drastic.
Source: timestabloid.com