Analyst Steph has focused on the monthly chart of XRP and her warning is clear: the cryptocurrency has encountered crucial resistance at $3.6 twice in 2024, a level that has been its wall since 2020. The first time was in January, when it reached its annual high, and the second time was recently with a new all-time high (ATH). If XRP fails to break and turn this barrier into solid support, watch out! It could enter a bearish phase. 😱
But not everything is gray clouds. Steph is optimistic: if XRP manages to surpass $3.6, we could see a parabolic rally that pushes its price into double digits. Can you imagine? 💰 Additionally, in the short term, she predicts that XRP could touch $4.42 thanks to a "double bottom" pattern that is still holding.