- XRP can help investors generate wealth, as highlighted by market analyst Steph.
- The three models identified hinges on altcoin performance to BTC.
Crypto market expert STEPH IS CRYPTO recently shared three strategic steps to building wealth with XRP. The expert’s strategies are based on timing XRP trades using the Bitcoin and Altcoin Season Index by BlockchainCenter. This index currently sits at 18, indicating a strong Bitcoin season, which is usually unfavorable for altcoins.
Here are the three strategic approaches to accumulating wealth with XRP, according to Steph:
Buy XRP Below 25
The first strategy highlighted by Steph is that traders should buy XRP when the Bitcoin and Altcoin Season Index is below 25 (Bitcoin Season). The idea for Steph is that most altcoins would trade at a massive discount during Bitcoin season. For instance, XRP is trading at a 25% discount at $2.60, compared to the higher level it sold for two months ago.
Steph’s next strategy is for those who bought XRP during its perceived lows. The expert suggests selling the accumulated XRP when the index exceeds 75 (Altcoin Season).
Generally, altcoins steal the spotlight from Bitcoin during this time, outperforming the flagship coin with massive price surges. Steph believes this is the best time for traders to begin taking their profit.
For the third strategy, Steph advised traders to repeat the process to maximize gains. The experts claim these are the three steps to becoming rich with XRP.
Steph accompanied his post with a chart that revealed two notable instances where the crypto market index exceeded 75, and altcoins outperformed Bitcoin. The first instance occurred in the first quarter of 2024 when Bitcoin initially peaked at $73,000.
The impact of the gains from Bitcoin spilled over to altcoins. In particular, memecoins like Shiba Inu (SHIB) recorded rallies over four times in less than two weeks. However, XRP did not fully capitalize on the robust market in Q1 2024. Shortly after the altcoin rally, a cool-off occurred as expected, and top performers lost most of their gains.
XRP Preserves Gains in Ongoing Cycle
Most altcoins have lost the gains accrued from Q4 2024. However, XRP continues to preserve most of the gains despite the ongoing volatility of Bitcoin. XRP pulled off one of the biggest gains recently, with the price increasing nearly 6 times in 12 weeks.
As highlighted in our previous article, technical analysis suggests that XRP exhibits bullish patterns. XRP reached an all-time high of $3.02 in January 2025, surpassing its previous peak of $3.84 in 2018.
Recognizing this surge, analysts projected potential targets for XRP as high as $4.40 based on Fibonacci extension patterns.
At press time, XRP price was trading at $2.23, down 5.8% over the previous day.
Despite the decline, market participants anticipate that XRP will lead the next round of altcoin season. In particular, Steph calls for a price target as high as $1,452 for XRP. This target, however, remains largely speculative.
