XRP’s SRSI Crossover Sparks Flashbacks of 20x Rally and 90% Crash
By: cryptofrontnews|2025/05/02 23:45:01
0
Share
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
Nexo launches crypto card in Argentina as Latin America push grows
Bank of America: Nvidia's Forward P/E Falls to 7-Year Low, Market Paying for a Non-Existent Risk
Q2 2026 CEX Trading Data Review: Who's Slacking Off? Who's Inflating Their OI?
Kraken leads MiCA exchanges as EU crypto rules bite
Is the Frenzied Acquisition of Crypto Companies by Giants Good or Bad?
Wall Street Morning Briefing: US-Iran Ceasefire Agreement Collapses, Oil Rises to $80, Nasdaq Gains While Dow Drops
The 'MEV Moment' in Market Predictions: Betting on Ups and Downs or Creating Them
Can SK Hynix Save the Semiconductor Industry with Sevenfold Oversubscription?
The End of the 'Easy Money' Era for AI Semiconductors: Beware of the 'Ghost Stories' Unfolding
Trump Earns $2.2 Billion Annually, Two-Thirds from Cryptocurrency, Averaging 87 Stock Trades Daily
Before the Sea Temperature Rises, the K-Line Warms Up First—A Comprehensive Projection of the 2026 El Niño in Cryptocurrency
New macOS Malware Aims to Empty Cryptocurrency Wallets
The 'Cooperative' in Stablecoins: Open USD Launches, Circle Welcomes Competition
Binance Founder Bets on Bitcoin at One Million Dollars: "It’s Totally Possible"
XRP Ledger hits 1M AI payments as Ripple-backed t54.ai launches hub
Aptos Network Vulnerability Exposed $70 Billion to $3,000 Attack
What is a flash loan? Borrowing millions with zero collateral, explained
AI is Changing Employment Expectations in the U.S., Fed May Remain Cautious
Nexo launches crypto card in Argentina as Latin America push grows
Bank of America: Nvidia's Forward P/E Falls to 7-Year Low, Market Paying for a Non-Existent Risk
Q2 2026 CEX Trading Data Review: Who's Slacking Off? Who's Inflating Their OI?
Kraken leads MiCA exchanges as EU crypto rules bite
Is the Frenzied Acquisition of Crypto Companies by Giants Good or Bad?
Wall Street Morning Briefing: US-Iran Ceasefire Agreement Collapses, Oil Rises to $80, Nasdaq Gains While Dow Drops
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
