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Analyst: XRP Now Sits on Its 50-Week Support. Hold or Enter a New Bear Market

Analyst: XRP Now Sits on Its 50-Week Support. Hold or Enter a New Bear Market


TimesTabloid
2025-10-17 11:53:56

In a recent analysis shared on X, crypto market analyst Steph Is Crypto (@Steph_iscrypto) presented a detailed chart comparing XRP’s current price movement to a previous market phase. The chart, labeled, features a 50-week simple moving average (SMA) shown in yellow and a series of parallel patterns that suggest a possible repetition of past behavior. The post emphasized XRP’s current proximity to its 50-week SMA, describing it as a critical point that could determine whether the asset maintains its upward structure or transitions into another bear market. The analysis used a side-by-side comparison of the 2020-2021 and 2024-2025 market periods, illustrating recurring technical behavior in both price movement and timing. The chart highlighted XRP’s interaction with the long-term moving average as the primary indicator guiding this assessment. BREAKING: $XRP NOW SITS ON ITS 50-WEEK SUPPORT. HOLD — OR ENTER A NEW BEAR MARKET. pic.twitter.com/SG91u1q3PX — STEPH IS CRYPTO (@Steph_iscrypto) October 14, 2025 Comparing 2020-2021 to 2024-2025 According to the chart, XRP’s price in late 2020 broke above the 50-week SMA before accelerating sharply during the 2021 bull market. The current data shows a similar setup, with the price once again testing the 50-week moving average from above. The annotated circles and arrows on the graph indicate points where XRP previously rebounded from this level, suggesting that this technical area has served as both a confirmation of strength and a risk threshold. At the time of the post, XRP traded around $2.42, with the 50-week SMA positioned near $2.45. This proximity suggests a tight technical range, where a sustained close below the average could imply a weakening trend, while a rebound could reinforce bullish confidence. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Market Context and Technical Significance Moving averages play a critical role in long-term technical analysis. The 50-week SMA often represents a key dividing line between bullish and bearish conditions. Traders typically view price action above this average as an indication of momentum and strength , while a breakdown below it can suggest a shift toward weakness. Steph’s comparison of historical and current phases drew attention to how XRP’s movement often rhymes with historical patterns . In early 2021, after reclaiming the 50-week line, XRP entered a sharp upward trend prior to a retracement. The current setup reflects a similar dynamic, though the environment in 2025 comprises distinct market factors, including regulatory developments and overall crypto sentiment. Should the price maintain support above the 50-week SMA, the chart implies potential continuation of the upward phase seen earlier in the decade. Conversely, a failure to hold above this level could align with the start of a new corrective period. 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 Now Sits on Its 50-Week Support. Hold or Enter a New Bear Market appeared first on Times Tabloid .


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