An analyst says that the collapse of XRP is coming, and panic is selling everything, but here is the story

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An analyst says that the collapse of XRP is coming, and panic is selling everything, but here is the full story

Date:

February 21, 2025

One well-known analyst insists that XRP is on the verge of a severe collapse, but the details in his chart tell a different and more bullish story.

The latest analysis comes amid the prevailing uncertainty in the market, which has caused the price of XRP to drop by 12.57% this month, February. Notably, this is the first month where the price of XRP could end with a bearish close since the bullish trend that began in November 2024.

As uncertainty about prices continues, market analyst EGRAG Crypto previously suggested that the recent declines were necessary for XRP to fill the symmetrical triangle structure. This instills confidence in the asset. Now, despite the bearish monthly candle, another analyst named Steph (@Steph_iscrypto) expects a massive rise.

However, he revealed his optimism from an interesting perspective. In his latest analysis, Steve presented an inverted monthly chart showing XRP's price movement since August 2013. The chart illustrates how XRP has been on an upward trajectory since 2013, but Steve's comment described this as a decline.

Is XRP on the verge of collapse?

According to the humorous developments introduced by the analyst on the narrative, XRP has seen three significant decline periods since 2013. Notably, the first occurred from August to December 2013, while the second happened from March 2017 to January 2018. Furthermore, the last one occurred from April 2020 to April 2021.

Interestingly, Steve believes a similar decline may be on the horizon for XRP. He expects this fourth decline to occur in the next few months and extend into next year. The analyst jokingly said, "Red alert: #XRP is about to collapse... I'm selling everything in a panic."

However, in reality, Steve's comment highlights huge bullish expectations for XRP. Notably, these declines actually represent price increases recorded by XRP over the past 12 years.