TimesTabloid
2025-11-30 19:02:01

Market Strategist Says “RIP XRP”. Here’s why

XRP currently trades near $2.2 after a steady climb that followed a quiet stretch in the market. Traders are watching the asset closely as momentum builds on the daily chart. The setup creates interest because the current structure resembles a historic moment for the token. Steph Is Crypto, a well-known analyst on X, recently released a video that focused on a specific chart pattern. He highlighted an imminent death cross between the 100-day and 200-day moving averages on XRP’s daily time frame. He said this same pattern appeared in 2017 at the bottom of the bear market. While this pattern would normally be bearish, Steph believes XRP is in a different position. RIP #XRP pic.twitter.com/xrnDoMgbId — STEPH IS CRYPTO (@Steph_iscrypto) November 29, 2025 What Does XRP’s Death Cross Mean? Steph pointed out that the last time this pattern formed in 2017, XRP rallied more than 10x in less than a month. He described the current setup as nearly identical in structure. He suggested that the cross looks close and that traders pay attention to the pressure that forms around it. XRP sits in a stronger market today, yet traders still pay close attention to this pattern. The asset’s position near $2.2 creates a clear reference point. A 10x expansion from this level sets a potential target near $22 if the asset repeats this historical performance . Steph Is Crypto did not promise any outcome, but he cited the previous reaction as a useful comparison for traders. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Is XRP Going to $22? XRP maintains active liquidity across major exchanges. Buyers continue to enter the market as trend forms tighter ranges. Market data shows strong interest around the $2 level as traders form new positions. Recently launched XRP ETFs also back this bullish sentiment. XRP now approaches a moment where trend indicators may flip. That shift could set the next phase of movement for the token. Traders prepare for volatility once the moving averages meet. Some expect a pullback, while others expect strength. Steph Is Crypto noted that the 2017 cross produced a sharp rally. The pattern looks identical to today’s chart. Notably, another well-respected analyst has pointed to a similar death cross as a bullish signal for XRP. If Steph is correct, XRP could hit $22 before the end of the year. 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. Follow us on X , Facebook , Telegram , and Google News The post Market Strategist Says “RIP XRP”. Here’s why appeared first on Times Tabloid .

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