Why This Pundit Believes It’s “Game Over” For XRP | XRP News

The latest market-wide crash that despatched the XRP price tumbling to $1.2 earlier than an instant rebound has left merchants questioning whether or not the worst is over. Crypto analyst Steph, in a detailed technical evaluation shared on X, famous that the most recent transfer could possibly be an important turning level for XRP. Although his outlook acknowledges the chance of restoration, his deeper evaluation of XRP’s chart historical past and key indicators paints a blended image of what lies forward for the cryptocurrency.

Bearish RSI Divergence Echoes 2021 Price Collapse

According to Steph, XRP’s present construction on the weekly timeframe intently mirrors the 2020 to 2021 cycle that led to a 74% correction. The analyst highlighted a bearish RSI divergence the place the price varieties greater highs whereas the RSI varieties decrease highs, indicating that purchasing momentum is fading whilst costs attempt to climb. 

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In his view, this sample has all the time indicated exhaustion in bullish energy and the start of corrections. Steph drew comparisons to late 2024, up till July 2025, when XRP’s weekly RSI was declining regardless of rising costs. This setup has now triggered the latest 65% correction that reached a backside over the weekend. 

He famous that the correction, which began round July 14, has lasted more than 80 days, much like the period of the 2021 correction. Based on this, XRP could possibly be nearing the tip of its corrective section earlier than a rebound if historical past repeats itself.

Steph acknowledged that the crypto market’s latest crash was closely influenced by macroeconomic elements, together with the US president’s announcement of a 130% tariff on Chinese imports, efficient November 1. This shock, mixed with leveraged positions throughout the market, led to the deepest liquidation wicks ever recorded for XRP.

Nonetheless, the analyst believes that XRP has flushed out extreme leverage and cleared liquidity zones round $2.25, and this has set the stage for a doable rebound to greater liquidity targets and new all-time highs above $4. However, sustained bullish momentum from right here is determined by reclaiming different important price ranges.

XRP Price Levels To Watch Before Calling A Bottom

Despite the bullish prediction, it’s important to notice that XRP remains to be at a technical crossroads that may both be bullish or bearish. The price has fallen beneath its vary between $2.65 and $2.84, which had served as assist for months. Therefore, reclaiming at the very least $2.65 on the weekly close is important to substantiate that the underside is in and that the restoration section has begun. 

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In his video, crypto analyst Steph additionally talked in regards to the significance of the 50-week easy shifting average (SMA), which is presently round $2.45. Closing beneath this line has marked the beginning of bear markets for XRP. If we see one or two weekly closes beneath $2.40, then that’s a signal to exit crypto.

The bullish prediction, one that would even lead XRP to new all-time highs, is determined by if it manages a weekly close above $2.4, breaks above $2.65 and its 50-week SMA, and sustains shopping for energy. At the time of writing, XRP is trading at $2.52, up by 2.6% previously 24 hours.

Featured image from Getty Images, chart from Tradingview.com