Impressive performance of XRP: Recently, XRP price has increased significantly, reaching 1.50 USD from about 0.50 USD, achieving a gain of over 200%. This growth followed XRP’s breakout from a symmetrical triangle model since 2018. The analysis indicates potential price increase in the near future.

Importance of profit-taking: Steph emphasizes the need for strategic profit-taking, as the market usually adjusts. The first resistance level is 1.96 USD, from the Fibonacci 0.786 level. The long-term prediction is 33 USD based on triangle pattern analysis. Periodic profit-taking helps minimize risks.

Performance comparison with Bitcoin: Steph recommends using historical XRP/BTC data to determine support and resistance points. The recent support area has previously been the basis for significant growth. If it exceeds resistance, XRP has the potential to increase sharply against Bitcoin.

Favorable time for altcoins: The altcoin market currently has strong growth opportunities as Bitcoin’s dominance is decreasing. This is usually an indicator that altcoin season is approaching, where XRP and other altcoins can outperform. Monitoring the alt season index helps guide investment strategies.