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XRP Mean Reversion Charges Towards $15: Analyst Says We’re Just Getting Started
A new technical projection by STEPH IS CRYPTO has reignited bullish sentiment around XRP, with the analyst’s latest chart pointing toward a potential move to $15. In a post on X, STEPH IS CRYPTO shared a long-term monthly XRP chart that reveals a consistent upward channel, a rising trendline, and recurring large-scale price arcs, all signaling that the asset may be entering another major mean reversion phase.
The chart highlights three distinct large-scale arcs in XRP’s price history. Each arc begins with a significant rally, followed by an extended period of consolidation that gravitates back toward a central white trendline within a rising regression channel. This channel, spanning more than a decade of price action, shows XRP consistently reverting to and then climbing above its long-term mean.
The current setup positions XRP just above the central trendline, with the projected arc stretching well into double-digit territory as the channel extends toward the latter part of the decade.
Source: timestabloid.com
