Analyst Warns XRP Holders as Bull Market Enters Final Stage

Key Points

1. The analyst compares XRP's current market structure to its behavior during the 2017 bull market, noting similarities in price patterns and a potential final upward surge.

2. XRP experienced sharp declines following recent FOMC meetings, with drops of 43% in January 2025 and 37% in March 2025, indicating sensitivity to macroeconomic events.

3. The analyst identifies a critical support zone around $3, where XRP has faced multiple rejections but now shows stability above this level.

4. A potential parabolic breakout is suggested, with XRP breaking an upward-sloping trend line and showing overbought RSI conditions, similar to the 2017 cycle.

5. The analyst cautions that while significant gains are possible, the market may also face heightened volatility, especially in response to future FOMC meetings.