#XRPUSDT🚨 In my previous analysis, I predicted Ripple (XRP) would see a downturn, and some people dismissed me as a "coin beginner." They're not wrong—I'm relatively new to cryptocurrencies. However, I’ve been investing in the stock market for years, and I approach these markets with the same analytical lens. Here are my thoughts on Ripple’s recent performance:
1. The Price Rise Was Too Rapid
XRP’s price surged from $0.70 to a peak of $2.40 in a short time. Even though it briefly dipped to around $2.10, it quickly rebounded. Such rapid increases are often unsustainable.
From my perspective, the fundamentals seem weak because the supply isn’t being absorbed effectively. Consider this: someone who bought at $1.60 might hold through a price drop, but someone who entered at $2.20 is more likely to panic sell. These differing reactions could destabilize the price further.
2. Whales Still Lack Enough Supply
Looking at the current trading activity, it seems whales are cycling through buying and selling without accumulating substantial supply. If a whale truly wanted to control the price, they’d likely wait until they could adjust the market more significantly.
For instance, if 100 million XRP suddenly hit the market, the price would likely crash. If I were a whale, I’d deliberately push the price lower, potentially down to $1.20, where retail investors would panic and sell. Once the price bottoms out, they could accumulate more supply at a discount, maximizing profits in the long run.
3. No Clear Catalyst for $5 or $10
A price rise needs a solid foundation—whether from market recognition, significant announcements, or other catalysts. Without these, a rapid climb becomes dangerous.
When XRP previously hit $2.90, the market frenzy was unsustainable, leading to a prolonged sideways trend for nearly 10 days. Without new developments or reasons to absorb the current supply, the price may stabilize temporarily before another volatile swing. This could result in a sell-off that shakes out weaker holders.
If meaningful announcements or partnerships emerge next year, XRP could find strong support and climb to $3, $5, or higher. But for now, the current price level lacks justification.
Final Thoughts
I understand the desire to get rich quickly with Ripple. However, remember that the wealthy aren’t here to hand out money—they’re leveraging their advantages in the same market you’re playing in. Be cautious and think strategically. Blind optimism rarely pays off in markets driven by manipulation and speculation.
Stay smart and invest wisely.#XRPPredictions #XRPnews #xrpsucess $XRP