Analyst StephisCrypto has issued a warning for XRP holders through a recent Twitter video, highlighting the importance of monitoring technical indicators and preparing for potential volatility.
Comparison to the 2017 Market
StephisCrypto compared the current market structure of XRP to its behavior during the 2017 bull market. He noted similarities in the patterns, including an initial rally, a sideways correction phase, and a final explosive move upward before a significant market downturn. The analyst believes XRP is entering its final surge phase in 2025.
Impact of FOMC Meetings
The analyst also reviewed XRP's behavior following recent FOMC meetings. He presented examples of significant price changes after several meetings in early 2025, highlighting the high volatility introduced by these events. StephisCrypto cautioned investors to keep an eye on future market news and developments.
Potential for Parabolic Breakout
One key signal highlighted was the presence of an upward sloping trend line established since 2021. StephisCrypto compared XRP to Bitcoin, which recently broke a similar line, leading to significant price appreciation. If XRP can break above this long-standing resistance, a sharp price increase may follow. Attention should be given to technical indicators and potential volatility in the coming months.
StephisCrypto provides a structured analysis of XRP's current state, highlighting potential growth opportunities while urging holders to exercise caution and closely monitor technical indicators in light of upcoming macroeconomic events.
