Crypto analyst Austin made a bold claim about XRP’s recent price action, and if he’s right, the cryptocurrency could make history. To follow falling below $1.4 earlier this week, Austin believes that XRP is now setting the stage for a move that could change its price, possibly ending its ongoing correction phase and creating a price breakout. price discovery mode.
In the latest X post, Austin it was heard an alarm at a potential milestone for XRP, which has never happened in the history of cryptocurrency. The analyst said that XRP is likely to record its first monthly candle close between the key range of $1.20 to $1.60.
Why XRP’s Next Move Could Make History
According to Austin, every time XRP has traded in this price zone, the monthly candles have cut without closing inside, suggesting that no meaningful price structure has ever been established there.
Related Reading: This Is Not the First Time XRP Has Crashed 69%, Here’s What Happened Last Time
If you look at the accompanying chart, the pattern is visible in both 2018 peak again 2021 bull run. During that time, XRP briefly entered this key range, only for candles to close above or below it at the same monthly time. The analyst highlighted that the $1.20 to $1.60 area did not develop into a base of support or resistance despite the price being cut back several times. As a result, the area was full of unfilled gaps and unresolved price action.
With the current monthly candle now trading within this price band following XRP’s pullback from Its 2025 is higher than $3Austin says the market may be in the process of filling the “final unemployment gap” within its main range. Rather than watching XRP price correction as weaknessthe analyst said that the market is forming the last base that has not been in the entire history of cryptocurrency.
If XRP can hold current levels and close a monthly candle within this group, Austin predicts that the cryptocurrency may eventually “result in full price recovery.” Significantly, he highlighted in the previous analysis that the value always visits and measures the gaps of inefficiency. He added that once that gap is filled, the price hike starts automatically.
XRP Could Set Up A Parabolic Move
In the latest technical analysis, Austin it was revealed that is monthly XRP Stochastic Relative Strength Index (SRSI) completely removed. The chart shows that the metric has declined from a peak of around 80 in 2025 to its current reading of 9.34.
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According to the analyst, the last time XRP reached this level was 2022, which is consistent bear market down. He also noted that when the cryptocurrency approached this level again in 2024, it marked a major price low before setting a parabolic movement to new high levels. With XRP’s SRSI now at the same depression level, Austin questions whether price action will follow historical trends or if this time will be different.
Featured image from Getty Images, chart from Tradingview.com
