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
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
Crypto Long & Short: With MSTR concerns assuaged, look to traditional signals around BTC
What are RWA perpetuals? Trading stocks and commodities as crypto perps
OpenAI lands GPT-5.6 approval as traders rush pre-IPO futures
What is liquidation in crypto? Margin calls, health factors, and how positions die
Venezuela entrusts taxes to 'cryptocurrency expert' - is USDT under scrutiny?
US Power Grid Issues Red Alert Amid Heatwave, Is Bitcoin Mining the Scapegoat?
Central Banks, Parliaments, and Atlantic Players at the Euro Stablecoin Table
What are tokenized stocks? How equities are moving on-chain, explained
Zcash Co-founder Wants More Than 21 Million Bitcoins
Bankers Filed Suspicious Activity Report Over Farage's £5M Gift From Tether Billionaire
Analysis: Bitcoin May Enter a Phase of Bottoming Out, Selling Does Not Trigger Panic
BNB Chain builds new Layer 1 for agentic trading, targets 2027 mainnet
Witnesses of South Korea's 'Golden Era': Foreign Capital Profits, Retail Investors Take Over
The Quality of Currency Depends on the Credibility of Its Issuer
How Cryptocurrency Payments Work in Businesses
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
Crypto Long & Short: With MSTR concerns assuaged, look to traditional signals around BTC
What are RWA perpetuals? Trading stocks and commodities as crypto perps
OpenAI lands GPT-5.6 approval as traders rush pre-IPO futures
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
