logo

XRP’s SRSI Crossover Sparks Flashbacks of 20x Rally and 90% Crash

By: cryptofrontnews|2025/05/03 07:45:01
0
Share
copy
XRP’s SRSI crossed above 80, repeating a pattern seen before its past 20x rally and 90% crash.Analyst JD plans to release a market top and crash target using his proven “pink box” method.XRP holds $2.20 support as traders await a breakout above $2.2652 toward the $2.31 target.XRP is attracting renewed focus after its Stochastic RSI (SRSI) crossed above 80. This technical event resembles the same pattern that came before XRP’s 20x surge in a past cycle. The crossover is being closely watched, as traders recall the steep rally and subsequent sharp correction that followed.SRSI Cross Draws Attention as Pattern RepeatsAccording to an observation by analyst JD on X, XRP's SRSI has now crossed the 80 mark. He noted that the last time this occurred, the asset recorded a 20x increase within three months. However, that rally was followed by a severe 90% correction, marking both upside potential and risk.https://twitter.com/jaydee_757/status/1918093043217121408The Stochastic RSI is used to track momentum shifts, and a move above 80 usually signals increasing buying strength. Traders use it to identify early signs of price expansion. While this crossover does not guarantee the same outcome, it aligns closely with the chart structure seen before XRP’s previous bull run.JD confirmed he will soon release his official market top call. He will also publish a crash target using his “pink box” system, which he used when predicting XRP’s drop to $0.28. That forecast was accurate, according to historical market data.Price Holds Key Support as Traders Await BreakoutXRP is currently trading around $2.23 after holding above the $2.20 support area for several sessions. This level has become a key area of interest for traders, as price action continues to consolidate in a narrow range. Source :The Cryptomist(X)Resistance has formed around $2.2652, with targets near $2.31 if a breakout occurs. According to analysis prepared by market analysts, XRP’s short-term structure remains bullish across hourly, 4-hour, and daily timeframes. Buyers have consistently defended support at $2.15 and $2.20, while trading volume has started to rise slightly. Most indicators point to momentum building, though volume confirmation is still awaited.The post XRP’s SRSI Crossover Sparks Flashbacks of 20x Rally and 90% Crash appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

You may also like

How to balance risk and return in DeFi yields?

Have these yields ever been reasonable? Have we ever received the compensation we deserve for the risks taken in DeFi, and where should the future spreads be set?

Tom Lee's Ethereum Thesis: Why the Man Who Called the Last Cycle Is Doubling Down on Bitmine

Tom Lee is emerging as one of Ethereum’s most influential supporters. From Fundstrat to Bitmine, his Ethereum thesis combines staking yield, treasury accumulation, and long-term network value. Here is why “Tom Lee Ethereum” has become one of crypto’s most watched narratives.

Naval personally takes the stage: The historic collision between ordinary people and venture capital

Naval personally stepped in as the chairman of the USVC Investment Committee. This SEC-registered fund launched by AngelList attempts to bring top private tech assets like OpenAI, Anthropic, and xAI to the general public with a $500 entry threshold. It is not just a new fund, but a structural experi...

a16z Crypto: 9 Charts to Understand the Evolution Trends of Stablecoins

Stablecoins are evolving from trading tools into universal payment infrastructure, and this process is quieter and more thorough than most people expected.

Refutation of Yang Haipo's "The End of Cryptocurrency"

This may be the true test of cryptocurrency. It's not about whether the price has reached a new high, nor about who will achieve financial freedom in the next bull market, but rather whether, after all the grand narratives have been washed away by cycles, it can still leave behind some simpler, more...

Can a hairdryer earn $34,000? Interpreting the reflexivity paradox of prediction markets

Prediction markets are essentially betting on reality, and when participants can access or even influence this path earlier, the market no longer just reflects reality but begins to shape it in return.

Popular coins

Latest Crypto News

Read more