Analyst Steph Is Crypto highlighted a chart that has gained significant attention among XRP watchers. The post claims that the next three weeks could have a substantial impact on the currency.
Analyzing the Altcoin Season Index
The chart outlines the Altcoin Season Index, indicating whether the market favors Bitcoin or alternative cryptocurrencies. Currently, the index sits just below 50, with 25 indicating a Bitcoin-dominated market and 75 signaling a full altcoin season.
In recent months, XRP has seen lows near the bottom of the index, often around major pivot points. The asset had a massive surge during the last cycle in late 2024, culminating in a rally to $3.39 in January 2025.
Recent Market Movements and Recurring Patterns
As of late July 2025, the index shows a decisive breakout from previous consolidation levels. The shaded area ahead indicates a projection toward an altcoin season. This is particularly noteworthy given the past patterns with XRP showing strong price movement when the index transitions from Bitcoin Season to Altcoin Season.
Analysis shows that every time Bitcoin dominance falls, XRP enters a bullish phase. The flip to altcoin season may weaken Bitcoin's dominance, providing room for XRP to surge.
Expert Predictions and Opinions
Steph's chart highlights several previous peaks, representing moments of high liquidity and capital rotation into altcoins. These moments correlate with spikes in the index, occurring after prior lows. Experts, including veteran trader Peter Brandt, confirm that the market is entering another altcoin season, suggesting a powerful bullish market for XRP may be on the horizon.
The next three weeks are expected to bring significant changes in the XRP market, potentially leading to considerable growth. Analysts continue to monitor these changes and forecast favorable impacts on altcoins.
