- XRP trades around $1.88–$1.93 after pulling back from multi-year highs above $3, now testing a dashed red support line on the weekly Binance chart.
- Bob Loukas applies four-year cycle theory, noting altcoins often suffer 80–85% drawdowns in bear phases if key supports break.
- Community split: bears cite cycle exhaustion, bulls defend fundamentals and alternative supports amid heated X debates.
Renowned cryptocurrency trader and cycle analyst Bob Loukas has issued a stark warning for XRP holders, highlighting a critical support level on the weekly chart that could determine the asset’s near-term fate. In a recent post on X (formerly Twitter), Loukas shared a long-term weekly chart of XRP against Tether (USDT) on Binance, emphasizing a key horizontal support line that the price is currently testing. “XRP will want to hold this support line,” he stated. “Otherwise it’s an 80% drop back to the typical bear lows.”
XRP’s Cycle History: Peaks to 80%+ Crashes
The chart illustrates XRP’s volatile history, showing major peaks in previous cycles followed by deep corrections. After a strong rally that pushed XRP above $3 in the recent bull phase—fueled by regulatory clarity and broader market momentum—the price has pulled back sharply. As of December 18, 2025, XRP is trading around $1.88-$1.93, down from recent highs near $2.00 and significantly off its cycle peak.
Loukas, known for his accurate predictions using four-year cycle theory, often applies this framework to Bitcoin and major altcoins like XRP. His analysis suggests that altcoins typically experience 80-85% drawdowns in bear phases after cycle tops. If the highlighted support—appearing as a dashed red line near the $1.80-$2.00 zone—fails, XRP could revisit lows around $0.40, aligning with historical bear market bottoms.
Community Debate: Bulls vs Bears on Fundamentals
The post has ignited debate in the crypto community. While some traders agree with the cautious outlook, citing overextended gains and cycle exhaustion, XRP bulls push back strongly. One prominent reply dismissed the analysis as “100% wrong,” prompting a sarcastic response from Loukas. Others pointed to alternative support levels or argued that XRP’s fundamentals remain strong for a continued uptrend.
The broader crypto market navigates potential cycle maturity in late 2025, Loukas’ warning serves as a reminder of the sector’s inherent volatility. Investors are closely watching price action around this support, with a break lower potentially confirming a deeper correction.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
