{"id":83976,"date":"2025-07-26T15:00:07","date_gmt":"2025-07-26T15:00:07","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=83976"},"modified":"2025-07-26T15:00:07","modified_gmt":"2025-07-26T15:00:07","slug":"crypto-analyst-warns-xrp-investors-amid-market-retrace","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=83976","title":{"rendered":"Crypto Analyst Warns XRP Investors Amid Market Retrace"},"content":{"rendered":"

Crypto analyst Steph has issued a warning to XRP investors regarding the current price action. He alluded to a multi-year resistance<\/a> that the altcoin has struggled to break, noting that this should be the major focus as it eyes new highs.\u00a0<\/p>\n

XRP Needs to Break Above the $3.6 Resistance<\/h2>\n

In an X post<\/a>, Steph shared a video in which he analysed the XRP monthly chart, dating back to the 2020 bull run. He highlighted an upward-sloping trendline for the altcoin, which showed that the altcoin has faced rejection at around the $3.6 level<\/a> twice now. The first was in January of this year, when the altcoin surged to a yearly high.\u00a0<\/p>\n

Meanwhile, the second has occurred again following the XRP\u2019s latest rally to a new all-time high (ATH)<\/a> around this $3.6 resistance. Steph declared that the altcoin needs to break above this multi-year trendline resistance, as it risks falling into \u201can ugly period of downward momentum\u201d if it can\u2019t flip this level into support.\u00a0<\/p>\n

However, if XRP breaks above this resistance, Steph predicts that it could record a parabolic rally, which would send its price into double digits<\/a>. The crypto analyst is more confident that the altcoin will break this resistance, noting that other bullish patterns support sustained bullish momentum.\u00a0<\/p>\n

In the short term, Steph predicts that XRP could rally to as high as $4.42. He highlighted a double bottom breakout on the 4-day chart, which is still in play for the altcoin. He assured that XRP could still maintain this upward momentum despite the current pullback in the broader crypto market<\/a>.\u00a0<\/p>\n

However, if this bearish trend in the crypto market sustains for a while, he warned that the $3 support level is the one that XRP needs to stay above to avoid losing its bullish structure. The analyst expects a lot of buying pressure if the altcoin were to drop to this support level.\u00a0<\/p>\n

What Next As The Altcoin Retests $3<\/h2>\n

In an X post<\/a>, crypto analyst CasiTrades noted that XRP was unable to hold the $3.21 resistance and has now fallen back to test the $3 support<\/a>. She stated that the altcoin appears to have completed a subwave wave 2 of a new trend, reaching a deep .854 retrace. If this new low holds as support, then she suggested that it could kickstart a large impulse to the upside.\u00a0<\/p>\n

CasiTrades predicts that XRP could reach new highs if volume begins to rise and the price starts moving back above the $3.21 resistance. She noted that the first wave 3 sits near $3.82, which is the 2.618 Fibonacci extension<\/a>. Her accompanying chart showed that the altcoin could reach $3.8 on this next run-up.\u00a0<\/p>\n

At the time of writing, the XRP price is trading at around $3.16, up over 2% in the last 24 hours, according to data<\/a> from CoinMarketCap.<\/p>","protected":false},"excerpt":{"rendered":"

Crypto analyst Steph has issued a warning to XRP investors regarding the current price action. He alluded to a multi-year resistance that the altcoin has struggled to break, noting that this should be the major focus as it eyes new highs.\u00a0 XRP Needs to Break Above the $3.6 Resistance In an X post, Steph shared […]<\/p>\n","protected":false},"author":0,"featured_media":83977,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83976","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83976"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=83976"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83976\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/83977"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=83976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=83976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=83976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}