Analyst Declares ‘XRP Bottom Is In’—Is a 500% Rally to $14 Next?

Sean Williams | Updated on March 19, 2025
Ripple (XRP)

Getting your Trinity Audio player ready...

XRP’s price action has caught the attention of crypto analyst Steph, who recently shared a compelling chart on X highlighting a historical pattern. The chart reveals a crucial breakout in XRP’s relative strength index (RSI), potentially signaling the start of a major rally.

Key Observations from the Chart

According to Steph, XRP’s RSI had been in a persistent downtrend for two months, forming a falling wedge pattern. However, the latest data confirms a breakout from this downward trend, suggesting a potential bullish reversal.

Historically, whenever XRP’s RSI reached oversold levels and reversed, the asset witnessed strong breakouts. Previous instances, marked by green circles on Steph’s chart, highlight similar conditions leading to major price surges. A notable example was in November 2024, when XRP’s price skyrocketed nearly 6X following an RSI breakout.

“XRP Bottom Is In” – Analyst Declares

With XRP’s RSI now breaking out of its descending trendline, Steph boldly asserted that XRP has likely reached its bottom during the recent market downturn. He suggests that XRP may not dip below the $1.90 low recorded on March 11.

“XRP bottom is in. Send it higher,” he posted, hinting at an imminent price surge.

Following this statement, XRP rebounded to $2.50, though it struggled to maintain its momentum. At press time, XRP is trading at $2.29, reflecting a 2.5% dip.

How High Could XRP Go?

Steph is no stranger to bold XRP predictions. In a previous analysis, he pointed to the Stochastic RSI’s oversold condition, suggesting a potential massive rally. Based on historical data, he argues that XRP could surge by 500%, pushing prices to the $13-$14 range if history repeats itself.

Moreover, Steph has even projected a possible $30 XRP price in a separate analysis. While speculative, these predictions highlight the potential upside should XRP follow its historical trend.

Also Read: Ripple SEC Case: Will Settlement Speculations Trigger a Bullish or Bearish XRP Move?

As XRP holders await further confirmation, all eyes remain on market movements to see if this breakout indeed leads to another explosive rally.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.

Related Posts