Latest Analysis: Analysts Say XRP Still Has High Potential, Check Out the Facts!

Updated

April 23, 2025

Gambar Latest Analysis: Analysts Say XRP Still Has High Potential, Check Out the Facts!

Jakarta, Pintu News – A crypto analyst known as 589Bull recently asserted that the “XRP is dead” narrative is a lie. Through a series of posts on X, he revealed that Ripple is actually being groomed to become an important part of the future financial system. This analysis comes amid unfavorable market conditions, but 589Bull remains optimistic about the future of XRP.

Market Lies and XRP Reality

The Trick Is Surviving the Lie Long Enough to Cash Out on the Truth

Everyone’s asking the same question:

“How can XRP have the most bullish fundamentals in its history… and still be down 30% this year?”

Simple.
Because price isn’t the truth.
Price is the trap.

They’re not… pic.twitter.com/ieIUDaZKa3
— 589bull (@589bull10000) April 20, 2025

According to 589Bull, many misunderstand the true state of Ripple (XRP). He explains that Ripple is building critical infrastructure in the digital financial system, focusing on digital liquidity and opening up new transaction corridors. The analyst emphasized that currently, Ripple is trying to reduce the involvement of retail investors and focus more on institutions, bots, and deep market participants.

Furthermore, 589Bull advises investors not to get caught up in the market frenzy or focus too much on short-term price fluctuations. According to him, the most important thing is to survive this period of uncertainty and not be swayed by possible market manipulation. He believes that the current price is not a reflection of the true value of XRP, but rather a trap to shake up unsure investors.

Also Read: Trump Attacks Powell, Stock Markets Fall, But Bitcoin (BTC) Surges!

Technical Analysis and Future Expectations

On the other hand, crypto analyst CasiTrades also gave his views on the price movement of Ripple (XRP). He noted that XRP is still within the same price range and has not shown any significant increase or decrease recently. However, he observed a breakout attempt that was related to Bitcoin’s price movement but stalled at the 0.618 retracement level, which is often a point of market exhaustion.

CasiTrades adds that although there was a quick rejection that brought XRP back to price support, this does not change the big picture of its analysis. He believes that XRP needs to sweep key support levels such as $1.90 and $1.55 before it is really ready for a breakout. Momentum in the crypto market can change very quickly, and it is important for XRP to capitalize on those changes.

Perception vs Reality: Ripple’s Long-Term Strategy

589Bull emphasizes that what is happening in the market today is more a game of perception than reality. While retail investors may be focused on the price drops, many strategic moves are being made behind the scenes. For instance, Teucrium’s launch of the Ripple ETF and international ISIN registration are a few examples of activity that indicate preparations are in place for wider adoption.

Additionally, the bank’s integration into the DLT (Distributed Ledger Technology) corridor and the ETF application that is being filed show that there is a lot of activity that is not visible to the general public. This shows that although the market may seem unfavorable, there are many preparations being made for the future of Ripple.

Conclusion

With all the analysis and speculation, it is important for Ripple (XRP) holders and potential investors to understand that the current market dynamics may not fully reflect the long-term potential of XRP. Patience and a deep understanding of what Ripple is building will be key to capitalizing on the opportunities to come.

Also Read: Ethereum User Increase: A Sign of Price Recovery in May 2025?

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.