Expert Uncovers Signs XRP May Have Bottomed — Could a Surge Be Coming?

The price drop of XRP that started in February 2025 has been aided by an overall market crash occurring due to macroeconomic uncertainties and a U.S. stock market decline. Nevertheless, analyst Steph (@Steph_iscrypto) feels that XRP has bottomed, citing some key technical indicators that suggest a possible reversal.

Bullish Divergence on XRP Chart

Steph mentions a bullish divergence on XRP’s daily chart from February 28 to March 11, which means that perhaps the selling pressure is lessening. This is the emergence of a bullish divergence wherein the price of the asset has reached lower lows, whereas an indicator for momentum, such as RSI, has produced higher lows– a sign that downward momentum could be waning.

It briefly recovered following Trump’s strategic Bitcoin reserve announcement but dropped again to a lower low of $1.89 on March 11. 

Has XRP Hit Its Bottom?

Steph believes that the bullish divergence might act as a confirmation that XRP would have hit a bottom at $1.89. While that does not mean an immediate rally is implied, it suggests XRP will likely not dip below this level anytime soon. Steph related this situation to XRP’s historical price performance during the 2022 bear market when XRP had formed a similar bullish divergence at the time of its June 2022 crash to the extent of $0.28. With the challenges in the market, XRP had never traded under this price, and eventually, this would start a strong uprise after months. A similar outcome will most probably be expected by Steph, with the $1.89 low providing firm support for higher growth.

$30 Price Target in Sight?

Besides just confirming a bottom, Steph believes that XRP might be on its way to a very ambitious price target of $30. He noted the double-bottom pattern on the monthly chart that shows strong bullish positioning. The first bottom was noted in March 2020 at $0.1140, with the second bottom in June 2022 at $0.2870. The neckline sits at the April high for XRP at $1.96, about $2. In December of 2024, XRP managed to gain considerable traction above the neckline, holding it until January of 2025. The correction of the XRP price is now considered a retest of this breakout. Steph believes that if XRP trades above the level of $2, this bullish setup might spark x prices driving towards the $30 target.

Conclusion

Although its recent price movement reflects the bearish sentiment in the market at large, bullish divergence and historical patterns may suggest XRP has hit rock bottom. Should XRP maintain its place above the crucial $2 price level, it could be well on its way to a parabolic rise towards prices of around $30. XRP investors are urged to keep a close watch on price movements on the currency and market trends before they decide to act.