XRP has experienced a short-term adjustment after crossing the $2 line, but the market's optimistic outlook remains. Cryptocurrency analyst Edward Farina emphasized in a recent video that "buying XRP at the current price is like investing when Bitcoin (BTC) was below $100" and advised against emotional selling or attempting to time the market.
Farina warned that many investors trying to sell XRP and repurchase at a lower price would likely end up as 'losers'. He stated, "Market breakouts won't wait for your plans," and confessed that he had made the same mistake during 2019-2020, missing out on profit opportunities.
According to him, many XRP holders recently sold, expecting prices to fall below $2. Some placed buy orders anticipating a 30% to 70% drop, but the market instead strongly rebounded. Currently, XRP is trading at $2.18 and showing signs of recovery.
Farina also emphasized the 'cold wallet strategy', recommending keeping 90% of XRP holdings in offline cold wallets and using only 10% for trading. His core selling principle is to "never sell the core amount of held XRP". He believes a single decisive news event, such as an official partnership with SWIFT or a major central bank, could instantly boost XRP's price. In such a scenario, investors who sold for minor profits might be permanently left behind.
Another analyst, 'DustyBC', also evaluated XRP as a monumental opportunity until the end of 2025, describing prices below $2 as a 'gift'. Famous trader Crypto Bitlord agreed, setting XRP's target price at $7 and adding that "it might never drop below $2 again", expressing strong expectations.
XRP's potential surge is not just a mere hope but based on several positive factors. These include the recent reappearance of Ripple co-founder Arthur Britto, Ripple's global expansion moves, and expectations of regulatory easing. Experts commonly point out that selling XRP for short-term gains could be a fatal mistake in the long term.
In conclusion, XRP's price around $2 is being compared to Bitcoin's undervalued period, suggesting a similar investment opportunity. The focus is increasingly on long-term holding strategies rather than attempting to predict the market. There's a growing belief that now might be the last chance before 95% of investors are pushed out at this exit point.
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