Analyst STEPH IS CRYPTO has captured the attention of the XRP community by pointing out what he describes as a 'Golden Entry' on the monthly chart. This technical signal may indicate a significant price increase for the asset.
Historical Parallels to 2017
Analyst STEPH IS CRYPTO compared the current structure of XRP's monthly chart to the cycles of 2017, when XRP formed a symmetrical triangle before a sharp rally. At that time, the asset skyrocketed from below $0.01 to an all-time high of $3.84 within a few months. In 2025, XRP appears to replicate a similar formation, raising expectations for another major move.
Current XRP Price Data
Currently, XRP is trading at $2.90. The breakout from the consolidation triangle has been confirmed, with strong bullish momentum evident on the August chart. XRP has successfully reclaimed the $2.95–$3.00 resistance zone, paving the way for a move towards $3.50 and potentially $5.00.
Fundamental Factors Supporting the Rally
In addition to technical aspects, bullish momentum for XRP is supported by expanding ecosystem developments and rising institutional interest. Ripple's launch of the RLUSD stablecoin and the upcoming deployment of FXRP, which enables trustless bridging between XRP and other networks like Flare, contribute to positive market sentiment.
Analysis by STEPH IS CRYPTO underscores the potential for a new XRP rally, highlighting the 'Golden Entry' as a signal for possible price growth. Despite skepticism, the combination of technical, historical, and fundamental factors makes this situation worthy of attention.
