Analyst Says Do Not Buy XRP Anymore After This Date

Cryptocurrency analyst STEPH IS CRYPTO recently warned on X that XRP’s bull run might conclude within the next one to two months . Sharing a video clip on his status, he cautioned that “the stochastic RSI is massively overbought just like 2017.” He added that although “we’re in the final stage of this bull run,” there remains potential for “at least one more big push to the upside,” after which further buying could be ill-timed. Overbought Warnings Echo 2017 Cycle Technical indicators reinforce Steph’s caution. On-chain analysts report the daily stochastic RSI crossed into overbought territory, above 80, on June 28 and has remained elevated into July. Historically, XRP has seen drawdowns ranging from 12% to 45% after similar signals, averaging a 25% slide. Moreover, XRP’s broader RSI reading reached 82.9 just in the past 48 hours, another classic overbought alert. Additional confirmation comes from more nuanced technicals: Bollinger Bands show XRP trading close to the upper band (around $3.66–$3.70), matching resistance levels highlighted by analysts. Meanwhile, a strong MACD, while bullish, signals that momentum exhaustion could be near. Do Not Buy #XRP Anymore… (after this date) pic.twitter.com/GEsvVeeA6O — STEPH IS CRYPTO (@Steph_iscrypto) July 21, 2025 Parallels with 2017 Suggest Limited Upside Drawing parallels to 2017, Steph and technical data both imply XRP may still experience one more leg upward, perhaps pushing toward $5–$6, before entering a deeper correction. XRP has already surpassed key breakout points and triggered bullish formations like symmetrical triangles and bull pennants. Optimistic projections by analysts foresee targets in the $7–$10 range or even $20–$30 by year-end, based on cycle momentum and institutional entry. Yet, Steph emphasizes that buying after the stochastic RSI peaks risks entering at the end of the rally, not the start of the next one. He argues that technical momentum no longer supports opening new long positions at this stage. The Road Ahead: A Final Surge, Then Consolidation If XRP mimics historical patterns, a final thrust could coincide with potential catalysts like new partnerships, ETF approvals , or macro bullish trends across crypto. Should that come to pass, investors might still capture gains if they act swiftly. But once stochastic indicators retreat below overbought levels, a high-probability correction could commence. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Other analysts align with this viewpoint, citing fractal cycles where peak momentum is followed by swift pullbacks. That suggests XRP could fall toward $2–$3, or lower, before stabilizing. Final Assessment: Caution Over Continuation For traders, Steph’s advice sounds a clear alarm: avoid buying XRP after overbought conditions set in. While the token may trend higher in the short term, momentum could turn abruptly once the stochastic RSI resets. Long-term investors may opt to hold through cycles, but new entries now carry elevated risk. In summary, XRP remains technically poised for a final bullish wave, possibly reaching mid-single digits, but steep corrections have historically followed overbought extremes. Steph’s message is straightforward: the door for new buying is closing. Those considering entry now should tread carefully and consider waiting for clearer signals. 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 urged to do in-depth 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 Twitter , Facebook , Telegram , and Google News The post Analyst Says Do Not Buy XRP Anymore After This Date appeared first on Times Tabloid .

Source: TimesTabloid