Crypto analyst Steph Is Crypto issued a warning for XRP holders, pointing out the potential risks associated with the current market situation.
Halving Cycle Applied to XRP
Steph Is Crypto explained that he applied the Bitcoin halving cycle profit indicator directly to XRP’s chart. He noted that historically, every four years, the cryptocurrency market has followed a repeating pattern of accumulation, breakout, and eventual peak. The analyst referenced XRP’s behavior during the 2017 bull run and again in 2020, indicating that the current 2025 market phase mirrors these historical structures. However, he emphasized that this does not mean the market cannot behave differently this time.
Holder Profitability and Market Risks
The analyst also focused on the profitability of XRP holders as an important metric. He highlighted that over 90 percent of XRP investors are currently sitting in profit, which is historically significant. Similar conditions were observed in 2018 and 2021, both of which were followed by substantial corrections marking the end of cycle peaks. He pointed to this data as further evidence that XRP may be nearing the end stage of the current bullish run.
Technical Indicators and the RSI Trend Line
Another critical component of his analysis was the Relative Strength Index (RSI) on XRP’s monthly chart. Steph Is Crypto pointed out a multi-year downward trend line that has remained since 2017. Each time XRP’s RSI has touched this line, it has coincided with either a sharp correction or the start of a bear market. He noted that in January 2025, XRP touched this trend line once again, leading to a correction of more than 50%. He concluded that the RSI may be poised to retest the same trend line, which could allow for one more upward move before a potential downturn.
Steph Is Crypto's analysis underscores the importance of awareness and preparedness among investors. While signals suggest that XRP may be nearing the final phase of its current bull cycle, he left open the possibility that the market could behave differently this time.