XRP Trader Cuts Holdings, Waits for Below $1; Targets $10
An XRP investor says they dumped most of their XRP above $2.85 after seeing a “nasty-looking” monthly chart, but they do not believe the worst is over.
The strategist plans to re-enter only if XRP falls below $1, implying another drop of roughly 10% from the current area. Even after selling, they still consider a higher target valid: XRP reaching above $10.
The post referenced another pseudonymous analyst, Celal Kucuker, who estimated a potential XRP $10 move could occur between December 2025 and February 2027, with the next 6–8 months seen as the window for a run toward that level. A trader-focused takeaway is a “sell-then-buy-the-dip” approach around key downside levels rather than chasing rebounds.
Related discussion in the article also points to ongoing debate about altcoin opportunity costs (e.g., whether meme coins like DOGE and SHIB still matter), but the actionable plan revolves around XRP price levels, timing, and staged re-entry.
Neutral
The news is likely neutral for XRP overall because it contains both a near-term caution and a longer-term bullish thesis.
- Short term: The cited investor already reduced exposure and is waiting for XRP below $1. That implies potential downside pressure and the possibility that rallies get sold until support is tested—similar to prior “sell into weakness / buy after confirmation” cycles many traders use after monthly-chart deterioration.
- Long term: The article reiterates a $10+ scenario for XRP (with a forecast window of Dec 2025–Feb 2027). That keeps upside optionality alive, which often limits panic selling and can support dip-buyers when liquidity returns.
What to watch: whether XRP breaks and holds below the $1 level (bearish continuation signal) or forms a durable base after the sell-off (bullish mean-reversion setup). Until price action confirms which path dominates, traders may keep positioning cautious and wait for either downside confirmation or a trend reversal.