Why This Pundit Believes It’s “Game Over” For XRP Following The Crash

The recent market-wide crash that sent the XRP price tumbling to $1.2 before an immediate rebound has left traders wondering whether the worst is ￰0￱ analyst Steph, in a detailed technical analysis shared on X, noted that the latest move could be an important turning point for ￰1￱ his outlook acknowledges the possibility of recovery, his deeper analysis of XRP’s chart history and key indicators paints a mixed picture of what lies ahead for the ￰2￱ RSI Divergence Echoes 2021 Price Collapse According to Steph, XRP’s current structure on the weekly timeframe closely mirrors the 2020 to 2021 cycle that led to a 74% ￰3￱ analyst highlighted a bearish RSI divergence where the price forms higher highs while the RSI forms lower highs, indicating that buying momentum is fading even as prices attempt to ￰4￱ Reading: Can XRP Replicate The BNB Price Rise To $1,300 ATH?

Analyst Shows The Odds In his view, this pattern has always indicated exhaustion in bullish strength and the beginning of ￰5￱ drew comparisons to late 2024, up until July 2025, when XRP’s weekly RSI was declining despite rising ￰6￱ setup has now triggered the most recent 65% correction that reached a bottom over the ￰7￱ noted that the correction, which started around July 14, has lasted more than 80 days, similar to the duration of the 2021 ￰8￱ on this, XRP could be nearing the end of its corrective phase before a rebound if history repeats ￰9￱ acknowledged that the crypto market’s recent crash was heavily influenced by macroeconomic factors, including the US president’s announcement of a 130% tariff on Chinese imports, effective November ￰10￱ shock, combined with leveraged positions across the market, led to the deepest liquidation wicks ever recorded for XRP.

Nonetheless, the analyst believes that XRP has flushed out excessive leverage and cleared liquidity zones around $2.25, and this has set the stage for a possible rebound to higher liquidity targets and new all-time highs above $4. However, sustained bullish momentum from here depends on reclaiming other important price ￰11￱ Price Levels To Watch Before Calling A Bottom Despite the bullish prediction, it is important to note that XRP is still at a technical crossroads that can either be bullish or ￰12￱ price has fallen below its range between $2.65 and $2.84, which had served as support for months. Therefore, reclaiming at least $2.65 on the weekly close is essential to confirm that the bottom is in and that the recovery phase has ￰13￱ Reading: Analyst Urges All XRP Investors To Pay Attention To This Connection No One Has Made Before In his video, crypto analyst Steph also talked about the importance of the 50-week simple moving average (SMA), which is currently around $2.45.

Closing below this line has marked the start of bear markets for ￰14￱ we see one or two weekly closes below $2.40, then that’s a signal to exit ￰15￱ bullish prediction, one that could even lead XRP to new all-time highs, depends on if it manages a weekly close above $2.4, breaks above $2.65 and its 50-week SMA, and sustains buying ￰16￱ the time of writing, XRP is trading at $2.52, up by 2.6% in the past 24 ￰17￱ image from Getty Images, chart from ￰18￱