Edoardo Farina, founder of Alpha Lions Academy, claims that selling XRP at its recent peak was a major financial mistake for investors. He expects the token's price to rise significantly in the future.
XRP’s Strong Market Performance Since November 2024
XRP has seen notable price growth since the U.S. presidential election in November 2024, gaining 283% that month alone, which drew greater attention from investors and analysts. This sharp rise shifted sentiment in the crypto community, prompting many prominent figures to reconsider their stance.
Farina Labels Selling XRP a Mistake
Farina asserts that investors who sold at the first sign of resistance around $3 acted prematurely, calling it one of the biggest financial missteps in history. He believes that even if XRP reaches $20, it will only mark the start of much larger price movements.
Token Supply Declining as Price Recovers
Farina also predicts that those who sold at $3 may face difficulties re-entering the market due to a supply shortage. Currently, the token trades at $2.27, gradually recovering from its February downturn.
Edoardo Farina's predictions highlight the long-term potential of XRP despite its recent price fluctuations. The current trend of declining exchange supply may lead to further price increases in the future.
