Stop Buying XRP a recent warning from prominent crypto analyst Steph Is Crypto is reverberating through the XRP community—they urged investors to stop buying XRP after a certain date, raising concerns about the sustainability of the current bull run and triggering a heated debate among traders.
The Analyst’s Warning
In a viral video, Steph Is Crypto cautioned that the current bull cycle could end within one to two months, referencing prior market cycles and technical indicators with historical accuracy. The analyst explicitly warned traders to cease purchasing XRP after the cycle, igniting questions about timing, risk, and long-term viability.
He even referenced past cycles, like the 2017–2018 and 2020–2021 cycles, pointing to previous peaks and extended consolidation periods.
XRP’s Current Market Situation
XRP has been navigating turbulence recently. The token briefly dipped below the $3 support level, later reclaiming it, but volatility remains high.
Technical situations such as strong support levels and demand walls (as noted by other analysts) are emerging as critical to monitor.
Why Some Investors Agree
- The timing of the analyst’s warning aligns with historical cycle tops.
- The current bull run has shown signs of plateauing after reaching multi-year highs.
- With potential sell-side liquidity zones and technical resistance, some traders are preparing for a possible short-term correction.
Why Others Disagree
- Other market analysts highlight possible buy-the-dip levels, liquidity sweep zones, and entry opportunities if XRP dips further. Some point to sub-$3 levels—like near $2.80–$2.86—as potential bounce zones.
- The whale and institutional movement—combined with strong network fundamentals—could support a rebound even after short-term sell-offs
- Additionally, legal clarity around Ripple’s SEC case and evolving technical setups may offer long-term confidence.
Key Takeaways for Investors
- Timing is everything: If the analyst is right, current buyers should re-evaluate their holding and position stop-losses or profit-take-as targets.
- Price levels to monitor:
- If XRP retests support levels ($2.80–$2.90), opportunistic entries may be viable.
- A breakdown below these zones could lead to further correction, while a reclaim above prior resistance could revive bull momentum.
- Risk management is essential. Balancing between conviction and caution will be critical.
Conclusion
The question is a reality, do not purchase XRP anymore and lock in profits or wait till it dips and re-enter? On both sides, arguments have some sense. Although the analyst’s warning seems quite a telling picture, the longer-term fundamentals and technical outlooks convey a different perspective on potential resiliency and recovery.
To the investor the right move is to be informed, and watch the key support levels, and remain general in strategy, not black or white in style.