Top Analyst Says XRP Is About to Go F**ng Crazy. Here’s why

Crypto analyst Steph Is Crypto has released a video laying out a detailed technical case for a significant XRP price move. The analysis covers multiple time frames and points to a consistent pattern across all of them, with the analyst suggesting that XRP is about to go crazy.

What’s Happening With XRP?

On the daily chart, XRP has been consolidating inside a bull pennant following a major rally at the end of August. A potential breakout emerged the day before the video was recorded.

Steph Is Crypto says he needs to see a confirmed close above $1.42 before treating the breakout as valid. That level was the most recent rejection point, and clearing it would signal a structural shift in his view.

If XRP confirms above $1.42, Steph Is Crypto sees a price target of around $2. That represents approximately 42% from the position at the time of recording. He suggests a $1.30-$1.33 range, putting the downside risk at roughly 6%. He describes it as an amazing risk-reward ratio.

The Larger Picture

The daily chart is not the only one Steph Is Crypto highlights. On a more zoomed-out daily view, he identifies what he calls a cup & handle formation, or possibly an inverse head & shoulders pattern. Either way, he reads the structure as bullish. A break above the neckline, which he places at around $1.53, would open the door to significantly higher prices.

He shows XRP valued against gold on a trend line active since 2020. Each time XRP touched it, a major bull cycle followed. XRP recently bounced from that level again. On the monthly chart, every time XRP broke a downward trend line following a bear market, a bullish trend followed. XRP just broke that trend line again.

News Surrounding XRP

The video also covers recent regulatory developments. Senator Thom Tillis says his vote change preserved a path forward for the CLARITY Act. Elizabeth Warren voted against it and proposed her own framework. Coinbase has a backup plan.

Congress advanced legislation related to the U.S. digital asset stockpile, with XRP previously named in discussions about a potential U.S. crypto reserve. Separately, attackers drained over 1,500 wallets connected to D’Cent, stealing more than 2 million XRP worth $2.8 million.

Steph Is Crypto concludes that the trend is “clearly shifting from a bear market into a new bull market for XRP.” Every chart he reviews is more bullish than bearish.