Analysts Warn XRP May Mirror Bitcoin’s Historic Rally
Crypto analysts on X warn traders not to sell XRP too early, drawing parallels with Bitcoin’s rallies in 2017 and 2021. An Invest In Assets post and commentator Jake Claver stress the risk of missing out when profit-taking triggers premature exits. Vincent Van Code argues that XRP’s speed, scalability and cross-border liquidity make it a more practical digital currency than Bitcoin. Investor Johnny Crypto recalls selling Amazon stock too soon and warns of potential bank attempts to seize retail crypto holdings. XRP recently broke its 2018 peak at $3.40 to reach $3.65 before settling around $3.24. Technical analyses predict a move to double-digit prices by late 2025. Traders are advised to exercise patience and avoid the psychological trap of early profit-taking, positioning for a possible major rally in XRP.
Bullish
The news is bullish because analysts compare XRP’s trajectory to Bitcoin’s previous cycles, highlighting potential for significant price gains. Historical evidence shows Bitcoin soared after initial peaks in 2017 and 2021 when holders sold early. Analysts warn XRP holders could face the same missed opportunities without patience. Technical forecasts suggest XRP may enter double-digit territory by late 2025, supported by strong on-chain metrics and market sentiment. Comments on XRP’s superior speed and cross-border liquidity versus Bitcoin further reinforce long-term adoption potential. While short-term volatility may persist, urging traders to hold aligns with strategies observed during major altcoin rallies. Overall, the sentiment and technical outlook signal a bullish stance for XRP, encouraging accumulation ahead of a possible major uptrend.