Analyst Steph has focused on the monthly chart of XRP and his warning is clear: the cryptocurrency has hit a crucial resistance of $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, recently with a new all-time high (ATH). If XRP fails to break and convert this barrier into solid support, watch out! It could enter a bearish phase. 😱
But it's not all gray clouds. Steph is optimistic: if XRP manages to surpass $3.6, we could see a parabolic rally that drives its price into double digits. Just imagine! 💰 Additionally, in the short term, he predicts that XRP could hit $4.42 thanks to a "double bottom" pattern that is still holding.