Crypto Analysts Assert XRP’s Potential Amid Current Market Challenges

Crypto analyst 589Bull argues that the narrative claiming “XRP is dead” is misleading and believes the altcoin is in a crucial stage towards becoming integral to a new financial system. Both he and analyst CasiTrades highlight that despite current price struggles, XRP’s fundamentals are strong, suggesting a potential surge lies ahead. Investors are advised to stay committed and not be swayed by short-term fluctuations.

Crypto analyst 589Bull has refuted the perception that “XRP is dead,” asserting this narrative is misleading. He argues that, contrary to popular belief, XRP is becoming integral to the emerging financial system. Ripple is actively developing infrastructure, digitising liquidity via XRP, establishing corridors, and positioning institutions and insiders to take advantage of future potential.

The analyst advises retail investors against chasing market hype or seeking specific timelines. He suggests that the true strategy lies in enduring current market conditions until the altcoin’s value is realised, reinforcing his belief in a significant surge for XRP. He emphasises the importance of holding onto investments amid market uncertainty rather than succumbing to panic selling.

Despite XRP’s fundamentals reportedly being the strongest, it remains 30% down from its all-time high in 2025. 589Bull attributes this discrepancy to the notion that market prices can be deceptive. He contends that the current low prices may serve to unsettle weaker investors, paving the way for a potential rise in altitude for XRP.

589Bull also points out that while retail traders observe market declines, larger financial institutions are strategically advancing, such as with the recent launch of the Teucrium XRP ETF. While market sentiment is fraught with fear, he implies that these developments signal a quiet preparation for a significant upturn in XRP’s price.

Analyst CasiTrades concurs that while XRP’s technical setup remains unchanged, the urgency for movement increases. Currently, XRP is stagnating within established price ranges without surpassing prior highs or lows.

CasiTrades highlights XRP recently attempted to break out alongside Bitcoin but faltered at the 0.618 retracement level, which typically indicates overextension. She suggests that until XRP can consolidate at major support levels, such as $1.90 and $1.55, its breakout potential is limited. As market dynamics shift rapidly, a delay in price movements should not be expected.

As of the latest data from CoinMarketCap, XRP is trading at around $2.07, reflecting a decrease of nearly 2% in the past 24 hours.