$XRP 📊 XRP at the Crossroads: The Monthly Trend Ribbon Decision
Crypto markets often reveal major trend shifts on higher timeframes long before price action confirms them on shorter charts. XRP now trades at a level that has historically separated long-term bullish phases from extended bearish cycles. This positioning has placed XRP under renewed technical scrutiny as traders assess whether the broader trend remains intact.
🔍 The "Steph Is Crypto" Analysis
The discussion intensified after STEPH IS CRYPTO shared a detailed technical breakdown, highlighting a recurring signal on XRP’s monthly chart. In his analysis, Steph focused on XRP’s interaction with the monthly trend ribbon, an indicator that has previously marked decisive shifts in long-term momentum.
👉 Why the Monthly Trend Ribbon Matters
The monthly trend ribbon acts as a long-term momentum filter rather than a short-term trading signal:
Above the Ribbon: The market typically operates within a bullish regime where trend support remains intact.
Below the Ribbon: Momentum often flips negative, signaling a confirmed bearish environment.
Because the ribbon relies on slow-moving averages, it minimizes noise and highlights structural changes in market direction. Traders treat monthly closes around this level with heightened importance.
📉 Historical Consequences of a Breakdown
Steph pointed to two historical periods where XRP lost the monthly trend ribbon with significant consequences:
2018: XRP confirmed a break below the ribbon and entered a sustained bearish trend, resulting in a ~65% decline.
2022: A repeat of this behavior led to an additional drop of approximately 54%.
In both instances, the loss of the ribbon was not a temporary pullback but a confirmed trend reversal that unfolded over multiple months.
What’s your take? Is the ribbon going to hold, or are we looking at a deeper correction? 👇
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