❌

Reading view

There are new articles available, click to refresh the page.

Brace For Impact: XRP Price Has Formed A Bullish Cross On Its Weekly Stochastic RSI

XRP price has formed a bullish cross on its weekly Stochastic RSI, creating a bullish sign for the cryptocurrency at a time when its price has been struggling to break away from the $2 region. The cryptocurrency has spent the past several days moving into a downturn, and buyers will now be looking to defend $2.

Even though momentum has been limited, new inflows from recently launched XRP ETFs have kept sentiment from turning full-on bearish.Β 

XRP Stochastic RSI Undergoes Bullish Weekly Cross

According to crypto analyst ChartNerd, XRP has just printed a bullish cross on its weekly Stochastic RSI while still sitting deep in oversold territory. The chart he shared highlights how the blue %K line has curved upward and crossed above the orange %D line at one of the lowest points of the cycle.Β 

With this move, the indicator has now repeated a structure that previously marked major turning points during XRP’s past market swings. Oversold weekly conditions paired with a confirmed cross are useful in predicting the early stages of trend reversals, especially when they occur after extended downside momentum.Β 

ChartNerd pointed out that this same configuration appeared twice recently, first in 2024 and again in 2025, and both instances produced powerful rallies. The 2024 cross preceded a surge of more than 600%, at which point the XRP price went from trading around $0.5 to trading above $3.Β 

xrp

The mid-2025 cross delivered a smaller yet still significant 130% run, at which point the XRP price went from hovering around $2.1 to breaking new all-time highs above $3.6 in July.Β 

As shown in the chart below, these earlier crosses are marked at similar low points, forming a repeating rhythm of sharp recoveries whenever the weekly Stochastic RSI resets and turns up. The current setup is in the same zone, and this opens up speculation that XRP’s price action may be forming the base of its next major upward leg.

Is Another Major XRP Pump Approaching?

Although past performance does not dictate what happens next, the indicator’s consistency on the weekly timeframe is difficult to ignore. XRP’s price is again positioned inside a compressed region just as it was before its previous large rallies. This time, the price zone to take note of is around $2.

If buyers regain strength and the wider crypto market conditions improve, most notably Bitcoin climbing back above $100,000, then the probability of a stronger XRP reaction increases. The only thing going well right now for XRP is the inflows into US-based Spot XRP ETFs, with $89.65 million worth of new institutional funds coming in on December 1.

A rally similar to the 130% rebound seen during the previous cycle would lift XRP from $2 to about $4.60. A repeat of the much larger 600% surge would place the token above $14. This creates a potential range between $4.60 and $14 if the pattern repeats itself.

XRP

Analyst Who Predicted Bitcoin Top Says Price Will Not Reach $116,000 In The Next Year

Crypto analyst Snow, who called the Bitcoin top, has declared that BTC will not reach $116,000 in the next year. He made this comment while downplaying the recent market recovery, claiming it was merely a dead-cat bounce.Β 

Analyst Says Bitcoin Will Not Break Above $116,000 In The Next Year

In an X post, Snow stated that the algorithm is printing a new ceiling, which is why Bitcoin will bounce, but that it will not breach $116,500 in the next 365 days. He further warned that this is simply a Dead Cat Bounce structure, which is why the analyst believes traders shouldn’t get their hopes up for sustained bullish momentum.Β Β 

Snow had rightly called the Bitcoin top, selling the flagship crypto when it was trading around its current all-time high (ATH) of $126,000. The analyst’s latest comment comes amid BTC’s rise above $90,000, which has provided optimism that the bull market may still be in play, with an extended market cycle a possibility.Β 

Bitcoin

However, the analyst asserted that the β€œSupercycle” narrative is a lie sold to market participants by those who need them to hold their bags. He also revealed that he is looking for shorts, not longs, as he still expects BTC to crash further. Crypto analyst Colin also recently suggested that the current market recovery is a Dead Cat bounce.

The analyst stated that there is an 80% chance that BTC is already in a bear market. Meanwhile, he noted that there is only a 20% chance the flagship crypto will hit a new all-time high on this bounce. However, Colin predicted that Bitcoin could reach between $100,000 and $115,000 on this recovery.Β 

BTC Rally About To Start

Crypto analyst Titan of Crypto indicated that Bitcoin is about to witness a rally that could see it break above the psychological $100,000 level. This came as he noted that a rally usually follows 10-day Stochastic RSI bullish crossovers. However, the analyst added that the real question is whether this rally will be strong enough to break the ATH or whether it is simply a Dead Cat bounce confirming the end of the bull market.Β 

The analyst had revealed that he is currently 80% bearish and 20% bullish. However, crypto analyst CrediBULL Crypto believes the bull market is still on as long as Bitcoin doesn’t drop below $74,000, which he highlighted as the key high-timeframe level. With the monthly close approaching, the analyst stated that a close above $93,000 would be a positive sign, while one above $102,000 would be β€œincredibly bullish.”

At the time of writing, the Bitcoin price is trading at around $91,450, up in the last 24 hours, according to data from CoinMarketCap.

Bitcoin

❌