- 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 Repeats
According 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.
The 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 Breakout
XRP 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.
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.
