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Analyst Says Next 3 Weeks In XRP Could Change Your Life. Here’s why
Crypto analyst STEPH IS CRYPTO has sparked excitement with a bold claim: “The next 3 weeks in XRP could change your life. Don’t give up now!” His statement comes accompanied by a compelling chart showing the Altcoin Season Index swiftly rising toward the “Altcoin Season” threshold, an indicator that historically precedes powerful rallies in non-Bitcoin cryptocurrencies like XRP.
As the Altcoin Season Index approaches 75, it is important to acknowledge that historical data suggests this may be the catalyst for explosive moves in major altcoins. XRP has already started to gain momentum and could accelerate significantly if the index confirms full altseason status.
The chart shared by STEPH IS CRYPTO highlights a critical turning point. The Altcoin Season Index, developed by BlockchainCenter, serves as a gauge of whether alternative coins are outperforming Bitcoin. Values below 25 indicate “Bitcoin Season,” while readings above 75 mark the start of “Altcoin Season.” Currently, the index is trending upward, signaling a shift away from Bitcoin dominance and toward altcoins like XRP.
This shift holds significant implications. In the past, similar market conditions have led to exponential growth in XRP’s value, with some instances resulting in over 100% gains. The current technical setup, coupled with the impending Altcoin Season Index crossover, presents a unique opportunity for investors.
XRP price action has been particularly noteworthy. As of publication time, the asset is trading near $3.25, slightly down on the day but still clinging to its recent high of $3.66 achieved earlier this month. Notably, XRP has surged by over 90% in the past 30 days, indicating strong upward momentum.
This ascent began around the $1.90 mark and has followed a clear breakout pattern. Analysts attribute the rally to a combination of factors, including a completed triple-tap formation, Elliott Wave alignment, and a decisive flip of resistance into support. The recent pullback is being viewed as healthy consolidation preceding a potential next leg up.
Moreover, XRP’s performance diverges from that of Bitcoin and Ethereum over the past week. This divergence corroborates the Altcoin Season thesis, suggesting capital is actively rotating into altcoins.
Source: timestabloid.com
