Ether Nasyonal, a prominent crypto analyst, suggests XRP is cooking something, identifying a critical demand zone on the 1-month chart.
He disclosed this in his latest XRP analysis, confirming his bullish disposition despite XRP’s current struggles. For context, after the sharp drop and immediate recovery on Oct. 10, XRP has failed to reclaim the $2.5 price level, much less the $3 psychological mark. Currently, the altcoin is down 14.8% this month.
Gathering Strength at the Demand Zone
However, Ether Nasyonal believes the next direction for XRP is upward. Specifically, he called attention to XRP’s price action on the 1-month timeframe, sharing an inverted chart that indicates that XRP is merely testing an important demand zone that could set the stage for a rally to new heights.
Notably, this demand zone rests between the $1.6 and $2 price levels. The area acted as resistance for XRP during the 2020/2021 bull run, capping XRP’s upsurge amid the SEC’s lawsuit against Ripple at the time. As a result, XRP only hit a peak of $1.96 in April 2021, failing to claim the 2018 all-time high.
Interestingly, following the election of President Donald Trump, XRP soared to retest this demand zone in November 2024. The next month, the rally continued, leading to a breach of the price level. After breaching the area, XRP skyrocketed to a new peak of $3.4 in January 2025 before facing resistance, which aligned with the 2018 all-time high.
Since then, XRP has been dropping to retest the demand zone around $1.6 to $2 whenever it attacks the ATH resistance above $3 and faces a roadblock. Ether Nasyonal believes the recent price crash was another retest of this demand zone, arguing that the next direction for XRP is likely upward.
“XRP Cooking Something”
According to him, XRP is currently cooking something as it lingers just above the demand zone. The market analyst suggested that the bulls are gathering strength at this critical level, insisting that the structure is clear despite confusion regarding XRP’s direction.
For XRP to sustain its upward push, it must first recover the $3 psychological price level, which it has traded below since Oct. 7. After this, the next level worth watching is the January 2025 high of $3.4, aligning with the 2018 ATH resistance. Once XRP breaches this area, it could target the new July 2025 peak of $3.66, allowing it to start eyeing new ATHs.
In a previous analysis, Ether Nasyonal identified a similar structure from an earlier cycle. Specifically, during the 2017/2018 run, XRP faced resistance at the December 2013 peak of $0.06, which repeatedly pushed it to a demand zone around $0.028. After XRP decisively breached the $0.06 resistance in May 2017, it soared to the $3.31 high by January 2018.
While Ether Nasyonal expects a similar run, he chose not to present any XRP price predictions. Interestingly, Santiment recently confirmed that amid the price struggles, XRP has been facing increased bearish sentiments. They noted that prices often go bullish once these bearish sentiments emerge.
👍 Just 10 days after XRP dropped below $1.90, and 3 days after retracing to $2.20, $XRP has crossed above $2.50. Data shows clear signs of the crowd selling at a loss and conveying FUD. Prices typically move opposite to retail's expectations.
🔗 Link: https://t.co/r8dZjJlkX4 pic.twitter.com/b28l4pNAN9
— Santiment (@santimentfeed) October 20, 2025
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