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Markets

Market Strategist Says XRP Is About to Go Crazy. Here’s the Signal

XRP is once again approaching one of its most closely watched technical levels, and crypto analyst Steph Is Crypto believes the coming sessions could determine whether the asset remains trapp

AnonymousCryptoCompass newsroom
July 24, 2026
4 min read
NEWS
Market Strategist Says XRP Is About to Go Crazy. Here’s the Signal
CryptoCompass editorial visual for markets coverage.

XRP is once again approaching one of its most closely watched technical levels, and crypto analyst Steph Is Crypto believes the coming sessions could determine whether the asset remains trapped below resistance or begins a new bullish phase.

In his latest market update on X, the analyst explained that XRP has returned to a downward trend line that has repeatedly rejected price advances since July 2025. While acknowledging the significance of that resistance, he suggested the current setup differs from previous attempts and could open the door to further gains if key levels are reclaimed.

The analyst emphasized that XRP is behaving as expected in the short term but noted that the broader trend remains the primary focus. Looking at the weekly chart, he pointed out that every prior test of the descending trend line led to sharp declines, making the current retest particularly important for traders.

Long-Term Trend Line Remains the Key Barrier

According to Steph Is Crypto, the descending resistance has remained intact for more than a year, producing several major rejections whenever XRP reached it. He highlighted previous declines of around 28% following similar encounters with the trend line, describing it as one of the most significant technical barriers on the chart.

He noted that XRP recently experienced another rejection after reaching approximately $1.15, raising the question of whether the latest rally could also fail or whether buyers are finally strong enough to push through resistance. Rather than viewing the recent pullback as an immediate bearish signal, the analyst said the market is now approaching a decisive moment that could determine the next major direction.

Resistance Levels Could Decide the Next Move

Shifting to the 12-hour timeframe, Steph Is Crypto revisited a bullish inverse head-and-shoulders pattern that had previously developed on the chart. He explained that XRP successfully broke above the neckline of the formation, activating a technical upside target near $1.30.

However, he stressed that the path higher is unlikely to be straightforward. The analyst identified the $1.16 to $1.18 range as the first major resistance zone, noting that XRP has encountered selling pressure there on multiple occasions. Clearing that area, in his view, would increase the probability of a move toward the next resistance between $1.27 and $1.30.

He explained that the higher zone carries additional importance because it acted as both support and resistance in earlier price action. After XRP lost the $1.30 region, the asset experienced a sharp decline, making that level an important target for any continued recovery.

Breakout Could Mark the Beginning of a New Bull Market

Despite acknowledging the possibility of additional sideways trading before another advance, Steph Is Crypto maintained a constructive outlook. He stated that XRP appears well positioned to continue higher if momentum remains intact.

The analyst concluded that the most important signal would be a confirmed breakout above the descending trend line that has limited XRP’s progress since July 2025. In his assessment, such a move would represent more than a short-term technical victory. He said it could signal the transition from a bear market into a new bull market, creating conditions for XRP to pursue higher prices and potentially establish a new all-time high.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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