Analyst STEPH IS CRYPTO warns of a potential end to the XRP bull market in 2025, based on current market indicators and historical dynamics.
XRP: Parallels with the 2017 Bull Market
STEPH IS CRYPTO draws a visual comparison of XRP's current price dynamics to its historical bull market in 2017. He uses a two-month candlestick chart to show how XRP's current rally mirrors the structure of its last major breakout, including a lengthy consolidation phase followed by a sharp rise. > "We’re at the end stage of the XRP bull market. Don’t get fooled!" — STEPH IS CRYPTO.
Stochastic RSI Indicator: Historical Signal
According to the analysis, the Stochastic RSI, which shows a maximum value of 100, is indicative of overheated market conditions. The analyst points out that in both the 2017 and 2025 cycles, this indicator surging to its maximum level suggests that XRP is potentially in the final euphoric leg of the bull market, just prior to a historical correction.
Current XRP Price and Possible Scenarios
As of the report, XRP is trading at approximately $3.05 after hitting an intraday high of $3.09. Despite recent gains, technical analysts are noting growing resistance between $3.30 and $3.60, with trading volumes slightly tapering off. Some traders anticipate XRP might test the $4.00 level, while others caution about a potential correction. Strong fundamentals, such as the expansion of Ripple's ecosystem and growing RLUSD adoption, remain positive.
STEPH IS CRYPTO's analysis highlights that XRP may be reaching the final stage of its bull cycle, combining technical signals and historical dynamics. Investors are advised to stay alert for potential market changes.
