Steph Is Crypto, a widely followed cryptocurrency analyst on X, has highlighted a recurring pattern on the XRP monthly chart which he claims has reliably signaled the start of major bull runs since 2020. According to the analyst, XRP has now broken a long-term downward trend line—a technical move previously linked to substantial price surges.
Recurring breakout pattern signals historical uptrends
The pattern, tracked across three cycles, has provided consistent signals. In 2020, after XRP crossed above this downtrend line, the resulting rally continued for about 365 days. Following another breakout in 2022, the coin entered a 122-day uptrend that set a new high.
Most recently, in 2024, XRP needed 242 days after the trend line break to reach a new local high. In each of these cases, the resulting bull runs lasted at least 122 days, indicating a recurring relationship between trend line breaks and extended upward price movement.
The analyst notes that every time XRP has breached the long-term downtrend, “it has led to a substantial multi-month rally.”
| Year | Rally Duration (days) | Trend Line Break Event |
|---|---|---|
| 2020 | 365 | Monthly downtrend broken |
| 2022 | 122 | Monthly downtrend broken |
| 2024 | 242 | Monthly downtrend broken |
The XRP/gold ratio as a confirmation indicator
Beyond USD charts, the analyst has also examined XRP’s long-term ratio against gold, identifying another support trend line that has remained intact since 2020. According to his analysis, each time XRP has bounced off this line, a significant price surge followed, both in gold and in dollar terms.
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AAPLCurrently, the XRP/gold ratio faces resistance in the 0.0003 to 0.0004 range. The analyst claims that “whenever XRP breaks through this resistance, we see major rallies to the upside.” A move above this level could potentially lead to an all-time high.
Mini dictionary: XRP/gold ratio – This metric compares the price of XRP with the price of gold to determine the relative performance between the digital asset and the traditional safe-haven commodity. Analysts sometimes use cross-asset ratios to identify broader market trends or confirm momentum across different sectors.
Short-term consolidation and key support levels
On the daily chart, XRP is consolidating after a recent rapid increase. Steph Is Crypto describes the current price action as a potential bullish flag, noting that XRP is holding above the $1.38 level. This price corresponds to a major volume cluster point, active from February 2026 through May 2026, and also aligns with the 0.382 Fibonacci retracement level—an indicator traders often use to identify potential support during corrections.
Should the $1.38 level fail, the analyst marks $1.30 as the next significant support. The ongoing market structure is described as healthy, with profit-taking normal after swift gains and the broader picture remaining positive for the asset.
The analyst maintains, “The consolidation phase is healthy, and as long as XRP holds above its key levels, the bullish structure remains intact.”
Long-term trend and overall outlook
Widening the perspective to the monthly view, XRP continues to hold a support trend line dating back to 2020. Steph Is Crypto points to several touchpoints over multiple years, including a short-lived dip below this support in 2024, which was quickly reclaimed. Each time XRP has tested and held this zone, a significant price rally has followed.
While the analyst believes XRP could be at the start of another major bull market, he suggests that patience may be required during the current period of consolidation. The broader analysis of long-term support levels and recurring breakout patterns supports an optimistic, though cautious, outlook.
Steph Is Crypto is known for detailed technical analysis on digital assets, sharing frequent market updates and chart insights with his large following on X.
