In a recent analysis, crypto analyst Steph IS CRYPTO reports on a potentially positive scenario for XRP, highlighting critical levels that could lead to significant growth of this cryptocurrency.
Current XRP Price Dynamics
The analyst asserts that XRP is on the verge of a vital breakout in its long-term price dynamics. Steph notes that since 2021, XRP has been following an ascending resistance trendline that has been confirmed by multiple touches. According to the expert, XRP is now approaching a pivotal breakout point. 'The moment we break this trendline, it’s lights out. Fireworks for XRP,' he stated.
Key Growth Levels
Steph identifies the $3.28 level as a crucial threshold for XRP. A monthly candle close above this mark would confirm a breakout from the multi-year trendline and initiate the anticipated sustained upward movement. Notably, XRP surged to $3.65 on July 18, 2025, but has since pulled back.
Future of XRP and Institutional Influence
The analyst also points out significant buying pressure from South Korean exchanges, which has contributed to XRP's recent growth. Additionally, increasing institutional interest is supported by a high probability of an XRP ETF approval by 2025. This creates prospects for attracting substantial institutional capital.
Analyst Steph IS CRYPTO expresses optimism regarding XRP's future, emphasizing the importance of the current price dynamics and institutional interest. With the $3.28 level being a critical threshold, a breakout here may lead to significant XRP growth in the coming months.
