Analyst Warns That XRP Investors Are Still Not Bullish Enough, Here’s The Reason

Source Bitcoinist

Well-known market watcher Egrag Crypto is sounding the alarm that XRP investors are still not bullish enough. In his view, too many holders are ignoring what the charts are showing, even though long-term signals suggest a decisive move could be on the horizon. He says that the real profits in this market will come from patience and belief rather than quick trades. 

The analyst argues that those who remain strong will be in the best position when the asset takes off. Writing on X, he urged the XRP community to adopt a bigger vision of what may lie ahead.

Historical Patterns Point To A Potentially “Historic” XRP Move

Egrag Crypto explains that the XRP two-month chart is flashing a rare setup. He notes that five strong body candles have formed at new all-time highs, something he calls unprecedented in structure. According to him, the parabolic curve building on the chart suggests that what lies ahead for the digital asset could be “truly historic.”

XRP Price

He argues that if XRP falls below $2.00, it could mirror Bitcoin’s era when it traded at $200, a price that later made those early buyers legendary in the crypto world. For him, those who buy the token at the $2 level will also be seen as “OGs” in the future.

While many in the community focus on short-term moves, the analyst’s strategy is to buy low and sell high over time. He says it is fine for investors to trade a small portion of their holdings, maybe 10% to 20%, but most of the stack should be kept by investors for the long run. 

Egrag recalls the years when XRP traded below $1, and he kept urging people to buy, even when he got mocked for it. Looking back, he says conviction during those times is what makes real winners.

Technical Signals Suggest XRP Must Clear $3.70 To Trigger Rally

Looking at the charts now, Egrag points to one key price target. He says XRP needs to close above $3.70 with a strong two-month candle to confirm what he calls a “space mission moment.” According to him, this breakout would open the way for much bigger moves. While he supports cautious short-term trading, his main advice is to stay focused on the larger trend and be prepared for the next leg higher.

At the same time, Egrag warns that trading is not easy. He says the market is a competition where only the strongest and most determined survive. For him, the right mindset is just as crucial as the charts. He closes his message with encouragement, saying that the rise may come soon, and those XRP investors who hold firm may reap the rewards.

XRP price chart from TradingView.com
Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
US Dollar Index (DXY) treads water around 97.60 with all eyes on the FedThe US Dollar has opened the week on a moderate bearish tone.
Author  FXStreet
12 hours ago
The US Dollar has opened the week on a moderate bearish tone.
placeholder
Forex Today: Big central bank week begins in a calm mannerMajor currency pairs trade in familiar ranges to start the week as investors gear up for key macroeconomic data releases and central bank meetings.
Author  FXStreet
13 hours ago
Major currency pairs trade in familiar ranges to start the week as investors gear up for key macroeconomic data releases and central bank meetings.
placeholder
WTI Oil approaches $63.00 following attacks on Russian plantsCrude Oil is posting minor gains on Monday, with price action approaching levels close to $63.00 after bouncing from lows of $61.50 on Friday.
Author  FXStreet
13 hours ago
Crude Oil is posting minor gains on Monday, with price action approaching levels close to $63.00 after bouncing from lows of $61.50 on Friday.
placeholder
BNB Keeps Surging! $1,000 Milestone Within ReachBinance Coin has gained over 6% in the past week, setting a new all-time high.
Author  TradingKey
14 hours ago
Binance Coin has gained over 6% in the past week, setting a new all-time high.
placeholder
EUR/GBP falls below 0.8650 on fears over France’s political crisisThe EUR/GBP cross attracts some sellers to near 0.8645 during the early European session on Monday.
Author  FXStreet
14 hours ago
The EUR/GBP cross attracts some sellers to near 0.8645 during the early European session on Monday.
goTop
quote