Analyst Warns of Final Phase in XRP Bull Cycle. Here’s What is Coming
Crypto analyst Steph Is Crypto has issued a technical update on the state of the $XRP market, warning that while significant upside may still be ahead, investors should be aware that the current cycle may be entering its final phase.
In a detailed video shared on social media, Steph examined multiple indicators, focusing on both bullish and bearish scenarios, and underlined the importance of watching key historical metrics.
Steph began the analysis by referencing the Altcoin Season Index, a tool frequently used to gauge whether altcoins are currently overbought or undervalued relative to Bitcoin. The index is measured on a scale from 0 to 100, where readings below 25 typically indicate undervaluation in a Bitcoin-dominated market, while readings above 75 suggest overvaluation.
According to Steph, the index is currently at 39, which remains well below the overbought level. This, in Steph’s view, indicates that there is still considerable room for growth in the altcoin market, including $XRP .
✨XRP Trading Around Key Support Levels
Turning to XRP specifically, Steph highlighted that the asset has been trading in a range since the end of 2024, oscillating around the $3 mark. Steph noted that XRP is attempting to establish $3 as a support level, occasionally dipping slightly below and then recovering.
From a technical perspective, this consolidation phase could be interpreted as a constructive pattern, particularly given that XRP appears to be converting previous resistance into support.
The analyst also emphasized the significance of a long-term upward trend line that has been in effect since 2021. Steph believes that a breakout above this trend line could trigger a sharp price acceleration.
On the two-week chart, Steph identified a long-term trend line that has seen multiple rejections in the past. According to the analysis, if XRP can break above this resistance line, a strong upward move could follow.
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