Analyst Tony "The Bull" Severino warns XRP investors to prepare for profit-taking as prices may correct after a strong rally. He predicts that XRP could rise another 15% to reach the historical peak of 3.84 USD, before entering a downward correction phase.
Some reasons Severino gives for the warning are:
• Technical signals repeat strong upward cycle: The monthly RSI of XRP has dropped to 67.18, similar to before the major breakout in 2017.
• Record high open interest in derivatives: XRP's open interest has surpassed 9 billion USD, breaking the previous record of 8.33 billion USD in January 2025, indicating a massive influx of speculative participation.
• Profit-taking ability: The next increase may be the last opportunity to take profits before the bears regain control of the market.