XRP Trend Line Sets Stage for Potential Bull Run

XRP's price has been stuck below $1.10 for weeks, leading many to write off any near-term recovery.

However, crypto analyst Steph Is Crypto disagrees and points out that the current price zone matches a setup that preceded two of XRP's largest bull runs.

The downward trend line on the weekly XRP chart stretches back to 2020 and has been touched twice before - in 2020 and again in 2024. Both times, sharp price drops followed, but when flipped, those drops mark the starting points of major bull markets.

XRP currently sits on that same trend line, trading 'around a dollar' according to Steph.