XRP Analyst Warns of Potential Double Bottom Before Reversal

Crypto analyst Steph Is Crypto has raised concerns about XRP's current price behavior, warning investors not to say they weren't warned. He pointed out a notable pattern from 2022 that is mirroring the current setup.

The Super Trend indicator shows XRP in bearish territory since July 2025. A sharp single-candle move pushed XRP up to test the indicator's upper boundary around $1.42, an exact scenario that played out in 2022. After a prolonged bear market followed by such a candle, XRP's price hovered at the top of the indicator before collapsing and forming a double bottom, which then reversed much higher.

The current chart shows this pattern aligning closely with the 2022 price range. Steph outlined a potential path where XRP drops below $1 to form a double bottom before reversing upside, but emphasized that this outcome is not guaranteed. He also noted that the recent surge of approximately 71% in a short period has led to normal consolidation.