$XRP at a Major Turning Point ๐จ
$XRP is currently sitting at a very important level on the monthly chart, a zone that has historically decided whether the trend stays bullish or turns bearish.
Crypto markets usually show long-term trend changes on higher timeframes first, and right now XRP is testing one of those key levels.
๐ What analysts are watching
According to a technical analysis shared by Steph Is Crypto, XRP is trading near the monthly trend ribbon โ a long-term indicator used to judge overall market direction.
๐ When XRP stays above this ribbon, the long-term trend usually remains bullish.
๐ When it closes below it, the market has often shifted into a bearish phase.
๐ History matters
In past cycles:
2018: A monthly close below this level led to a deep downtrend
2022: The same signal was followed by another major decline
These moves werenโt short pullbacks โ they lasted for months.
โ ๏ธ Where we stand now
XRP is right at this level.
The signal only confirms after a monthly close, not during short-term price swings.
๐ฎ What this could mean
Holding above the ribbon โ long-term structure stays strong
Closing below it โ higher risk of a deeper correction
This makes the current monthly close one of the most important moments for XRP.
๐ Traders, what do you think? Hold or breakdown? Comment below ๐
