Market Analyst Warns Against Buying XRP: Is the Bull Run Over?

Crypto analyst Steph Is Crypto has issued a concerning warning for XRP investors, predicting a potential end to the current bull cycle within one or two months. According to his analysis, the market-cycle indicator used by Steph has proven accurate in past instances. His advice is clear: stop buying XRP after this specific timeframe. His insights are prompting scrutiny of XRP’s trajectory and what investors should do next. 2017-2018 saw the first bull run for XRP, culminating in a peak at $3.36 before years of consolidation. The second bull cycle, spanning from 2020 to 2021, peaked at $1.96. Legal battles between Ripple and the SEC likely suppressed XRP’s price in 2021, preventing it from reaching its all-time high while other assets surged beyond expectations. The current cycle started in late 2024, hitting a multi-year high of $3.39 in January. It then experienced a consolidation before rebounding in July, reaching a new all-time high of $3.65. While analysts expect further growth, Steph’s chart suggests XRP has exhausted its bullish momentum. The price fell below the $3 support level in early August but regained it. Still, Steph’s analysis suggests another major decline is on the horizon. Legal clarity between Ripple and the SEC, after years of litigation, provides greater regulatory certainty for XRP in the US. This shift, along with continued institutional investment and increased adoption by both retail and institutions, could fuel a stronger bull run, potentially extending the current upward trend. It’s crucial to note that this article is meant for informational purposes only and does not constitute financial advice. Any actions taken based on this content are done at your own risk. Times Tabloid is not responsible for any resulting losses.