Analyst Says XRP Crash Incoming, Panic Sells Everything, but Here’s the Full Story

A well-known analyst insists XRP is about to crash hard, but details from his chart tell a different, more bullish story.

The recent analysis comes amid the prevalent market uncertainty that has triggered a 12.57% drop in XRP’s price this month, February. Notably, this is the first month that XRP could end with a bearish close since the uptrend that began in November 2024.

As the price uncertainty persists, market analyst EGRAG Crypto previously suggested that the latest declines were necessary for XRP to fill a symmetrical triangle structure. This instills confidence in the asset. Now, despite the bearish monthly candle, another analyst Steph (@Steph_iscrypto) expects a massive upsurge.

However, he disclosed his bullishness with an interesting point of view. In his latest analysis, Steph presented an inverted monthly chart detailing XRP’s price action since August 2013. The chart shows how XRP has been on an upward trajectory since 2013, but with Steph’s commentary dubbing this a downturn.

XRP About to Crash?

According to the analyst’s humorous twist to the narrative, XRP has witnessed three major downturns since 2013. Notably, the first occurred from August to December 2013, while the second one materialized from March 2017 to January 2018. Further, the last one came up from April 2020 to April 2021. 

Interestingly, Steph believes a similar downturn could be on the horizon for XRP. He expects this fourth decline to occur in the next few months and extend into the next year. “RED ALERT: #XRP is about to crash… I’m panic selling everything,” the analyst quipped.

However, in reality, Steph’s commentary highlights a massively bullish outlook for XRP. Notably, these downturns actually represent price upsurges recorded by XRP over the past 12 years. 

For instance, with the first uptrend, XRP rallied 946% to $0.06144 in December 2013. In addition, the second upsurge saw a more substantial 68,300% increase to $3.8 in January 2018. Meanwhile, for the third upward push, the altcoin increased 1,031% to $1.96. 

A Massive Uptrend

Steph expects the fourth upward push to trigger a rally to a two-digit price. While he does not specifically present any price target, his chart suggests a possible trajectory toward the $100 mark. However, several market commentators have dismissed this price goal due to the market cap necessary to maintain it.

Besides Steph, other analysts remain bullish on XRP especially with discussions around a potential inclusion in the U.S. digital asset stockpile and ETF developments. For instance, analyst Polly expects XRP to claim $6 this month. Also, Bitcoin proponent Davinci Jeremie suggested XRP could reach $24. XRP currently trades for $2.65.