{"id":25448,"date":"2025-05-06T17:32:03","date_gmt":"2025-05-06T17:32:03","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25448"},"modified":"2025-05-06T17:32:03","modified_gmt":"2025-05-06T17:32:03","slug":"ripple-xrp-at-2-is-an-absolute-gift-says-analyst","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25448","title":{"rendered":"Ripple (XRP) at $2 Is an \u2018Absolute Gift,\u2019 Says Analyst"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">XRP\u2019s recent pullback hasn\u2019t shaken investor confidence, with one market observer viewing the $2 zone as a buying opportunity.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Whales have been making bold moves, scooping up almost one billion tokens in a month, as there are rising expectations that a spot XRP ETF could see the light of day in the US this year.<\/span><\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/XRP_CB-15.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-395518\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/XRP_CB-15.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/XRP_CB-15.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/XRP_CB-15-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/XRP_CB-15-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/XRP_CB-15-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/XRP_CB-15-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>Time to Buy?<\/h2>\n<p><span data-preserver-spaces=\"true\">Ripple\u2019s XRP recorded explosive price growth towards the end of 2024, rising from approximately $0.55 to over $2 in <\/span><span data-preserver-spaces=\"true\">a matter of<\/span><span data-preserver-spaces=\"true\"> weeks. The positive performance continued at the start of the new year, with the price almost <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/ripple-missed-new-ath-by-just-1-can-xrp-break-through-today\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">matching<\/span><\/a><span data-preserver-spaces=\"true\"> its all-time high of $3.40 on January 16. <\/span><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\"> coincided with the overall bull run of the crypto market witnessed around Donald Trump\u2019s inauguration as America\u2019s 47th President.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In the following months, though, XRP lost some steam. It experienced enhanced volatility and eventually settled at the current $2.10 (per CoinGecko\u2019s data).<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Despite the downtrend, some popular analysts remain unfazed and see the ongoing condition as a buying opportunity. One example is the X user Captain Faibik, who <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/CryptoFaibik\/status\/1919670455633395912\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">thinks<\/span><\/a><span data-preserver-spaces=\"true\"> that XRP at $2 \u201cis an absolute gift.\u201d They also presented a potential bullish scenario in which the price could surge to nearly $5 in the near future.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Meanwhile, Crypto Tony <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/CryptoTony__\/status\/1919678019113017704\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">told<\/span><\/a><span data-preserver-spaces=\"true\"> their over 520,000 followers on X that they \u201cremain long above $2,\u201d hoping for the bulls to reverse the recent slump.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Dark Defender and John Squire also chipped in. The former <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/DefendDark\/status\/1919339705876763089\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">set<\/span><\/a><span data-preserver-spaces=\"true\"> short-term targets of $4.40 and $6.30 but warned <\/span><span data-preserver-spaces=\"true\">that investors should<\/span><span data-preserver-spaces=\"true\"> keep an eye on the important $2 level. For his part, Squire <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/xrp-is-not-dead-its-just-loading-analyst\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">argued<\/span><\/a><span data-preserver-spaces=\"true\"> that XRP \u201cis not dead\u201d but \u201cloading,\u201d describing the asset as \u201cthe biggest sleeping giant in crypto.\u201d<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">The Return of the Whales<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Recently, large investors went on a massive buying spree, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/900000000-xrp-bought-in-a-month-what-do-ripple-whales-know\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">accumulating<\/span><\/a><span data-preserver-spaces=\"true\"> around 900 million XRP in the span of a month. The USD equivalent of the stash is just south of $2 billion.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Additionally, the number of addresses holding more than 10,000 XRP <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/critical-xrp-metric-reaches-new-record-what-does-it-mean-for-ripples-price\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">peaked<\/span><\/a> <span data-preserver-spaces=\"true\">at a record of<\/span><span data-preserver-spaces=\"true\"> above 300,000. X user Amonyx labeled this as \u201cinsanely bullish\u201d <\/span><span data-preserver-spaces=\"true\">as it\u00a0serves<\/span><span data-preserver-spaces=\"true\"> as \u201cabsolute proof of surging investor confidence.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">After recent developments, the official end of the legal battle between Ripple and the SEC seems only a formality, and the event is unlikely to cause any price fluctuations for XRP.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As such, investors have shifted their focus toward the potential launch of a spot XRP ETF in America, which could drive further interest in the asset and push its price up. Those curious to explore what has happened on that front can <\/span><span data-preserver-spaces=\"true\">take a<\/span><span data-preserver-spaces=\"true\"> look at our dedicated article <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/ripple-xrp-etf-news-april-30-everything-you-need-to-know\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">here<\/span><\/a><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Polymarket estimates that the approval odds before the end <\/span><span data-preserver-spaces=\"true\">of<\/span><span data-preserver-spaces=\"true\"> 2025 <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/polymarket.com\/event\/ripple-etf-approved-in-2025?tid=1746538528187\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">stand<\/span><\/a><span data-preserver-spaces=\"true\"> at around 77%. <\/span><span data-preserver-spaces=\"true\">So, <\/span><span data-preserver-spaces=\"true\">who knows<\/span><span data-preserver-spaces=\"true\">, maybe that\u2019s what the whales have been filling their bags for.\u00a0<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ripple-xrp-at-2-is-an-absolute-gift-says-analyst\/\" rel=\"nofollow\">Ripple (XRP) at $2 Is an \u2018Absolute Gift,\u2019 Says Analyst<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR XRP\u2019s recent pullback hasn\u2019t shaken investor confidence, with one market observer viewing the $2 zone as a buying opportunity. Whales have been making bold moves, scooping up almost one billion tokens in a month, as there are rising expectations that a spot XRP ETF could see the light of day in the US this [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-25448","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25448"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25448\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}