XRP continues to attract investor attention, trading at $2.18 after a recent pullback. Nonetheless, the market maintains a bullish sentiment.
Current XRP Price and Market Trends
Recent data shows XRP trading around $2.18. Analyst Edward Farina compared the current state of XRP to the time when Bitcoin was priced under $100. He warned that many traders are trying to time the market by selling assets, suggesting that 95% of such actions could result in losses. "The breakout doesn’t wait for your plan," Farina noted.
Cold Wallet Strategy
Farina advised keeping 90% of XRP in a cold wallet to avoid emotional selling. He emphasizes the rule: "Never sell your core XRP bag." According to him, XRP can "skyrocket overnight" with just one significant catalyst.
Analyst Opinions on XRP Pricing
Analyst DustyBC suggests that the price point below $2 represents a rare opportunity, predicting that by December 2025, the market will look back at this time. Another analyst, Crypto Bitlord, agrees, referring to the price below $2 as a "gift." He has set a target price of $7, forecasting that XRP may not dip below $2 again.
XRP retains a bullish outlook amidst market changes. Analysts advise sticking to strategies to avoid losses and capitalize on opportunities.