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TimesTabloid 2025-12-28 14:02:11

Analyst: XRP Is Back at a Major Horizontal Support Zone. Here’s Next Target

Crypto analyst Steph Is Crypto (@Steph_iscrypto) published a new weekly chart analysis of XRP showing a potential turning point for the asset. His post focuses on price positioning, momentum indicators, and a horizontal support zone that has held across multiple market cycles. At first glance, the weekly structure appears heavy. XRP continues to drift lower from its peak in July , with red candles dominating recent weeks. The move lacks the sharp volatility often seen at major turning points. However, the analyst reveals a crucial setup beneath the surface. On the weekly chart, $XRP is back at a major horizontal support zone while momentum indicators are flashing extreme oversold conditions. The Stochastic RSI is sitting at extreme oversold levels, showing that selling pressure has already done a lot of work. Markets don’t… pic.twitter.com/d2YWUwcoRI — STEPH IS CRYPTO (@Steph_iscrypto) December 27, 2025 XRP Returns to a Key Weekly Support Zone The chart puts XRP directly on a long-standing horizontal support level near $1.90. This zone previously acted as resistance during earlier consolidation phases and later flipped into support during expansion. The asset has now returned to that area after months of decline. According to the chart, this is not a random level. It marks a region where buyers previously absorbed supply. Stochastic RSI Signals Selling Exhaustion The analyst pairs this level with momentum data from the Stochastic RSI on the weekly timeframe. The indicator sits deep in oversold territory . The Stochastic RSI is at 0.41, which reflects sustained downside pressure rather than a brief pullback. His post stresses that this condition already reflects heavy selling. He writes, “The Stochastic RSI is sitting at extreme oversold levels, showing that selling pressure has already done a lot of work.” The emphasis stays on exhaustion, suggesting XRP is near the end of this extended bearish phase. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Historical Context Reinforces the Setup The chart also highlights a historical comparison. Earlier oversold Stochastic RSI readings appear near previous cycle lows. In those cases, the asset did not reverse because conditions looked strong. Reversals followed once sellers lost momentum. Steph Is Crypto addressed this directly, stating, “Markets don’t turn because things look ‘bullish.’” He added, “They turn when there’s little fuel left on one side.” The chart shows that the downside move has run out of fuel. Focus Remains on Structure That perspective aligns with the chart’s structure. The weekly candles are compressing near support, and volatility is contracting. None of this confirms a reversal, but it signals balance shifting after an extended move. If XRP can begin a breakout from this phase, the current setup could supercharge that move, sending the asset to new heights. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Analyst: XRP Is Back at a Major Horizontal Support Zone. Here’s Next Target appeared first on Times Tabloid .

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