Crypto analyst StephIsCrypto presented his analysis of the current state of the XRP market, pointing out both positive and negative aspects.
General Insights and XRP Accumulation
StephIsCrypto noted that on-chain data shows significant accumulation of XRP by large holders. Wallets containing between 10 million and 100 million XRP have been steadily increasing their positions over the past week, which he described as important investment activity. The analyst believes that such accumulation has historically preceded strong bullish markets.
Market Cycles and Historical Patterns
Analyzing broader market cycles, StephIsCrypto compared XRP's chart with Bitcoin's halving cycle indicator. He pointed out that each previous bull market in the cryptocurrency space has aligned with Bitcoin's halving cycle windows, which may suggest possible market peaks between October and November 2025. However, he warned against ignoring historical data, citing risks associated with changes in fundamentals such as institutional adoption or ETF approvals.
Price Targets and Timing
Discussing specific price expectations, StephIsCrypto highlighted the clear upward wave structures of XRP's price, suggesting further growth is possible. He set potential targets around $4 to $5, emphasizing the need for careful monitoring of indicators and whale activity. The analyst also mentioned existing divergence on the MACD indicator, indicating that the market may be nearing a critical point.
In conclusion, analyst StephIsCrypto stresses the importance of risk management in the current market situation, strongly advising caution regarding signs of a potential reversal.
