HomeCrypto NewsMarketPundit Says All XRP Haters Would Buy Top to Become Exit Liquidity as They Ignored XRP Under $1

Pundit Says All XRP Haters Would Buy Top to Become Exit Liquidity as They Ignored XRP Under $1

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A crypto pundit blasts XRP critics, saying those who ignored XRP under $1 and now complain at today’s prices will end up buying the top, becoming the ultimate exit liquidity.

Notably, while XRP has faced downward pressure over the past few weeks, the broader crypto market has not escaped the onslaught. In fact, XRP, which has dropped 9.8% in the last seven days, has held up better than most assets, including Ethereum (ETH) and BNB, both of which have declined 12.5% and 11.8% respectively.

XRP Facing Widespread Criticism

Despite XRP’s greater resilience, it has come under fire, with unique bearish sentiments piling up. For instance, responding to an analysis from CryptoInsightUK amid the ongoing decline, an investor suggested that XRP always disappoints, claiming that it had continued to drop since the November 2024 rally.

Interestingly, XRP proponent Baron Dominus also criticized the price action at some point. In an Oct. 30 commentary, Dominus insisted that something was not right with XRP price action, alleging that Ripple founders are selling when XRP should be going up. “The days of XRP may be over,” he claimed. 

As these comments emerge, media personality Oscar Ramos has suggested that investors who continue to criticize XRP are those who ignored it when it traded below $1 and failed to seize the opportunity.

XRP’s Sub-$1 Opportunity Closes Up

For context, after XRP slipped from the $3.31 peak in January 2018, it entered an extended bearish phase. During this phase, XRP persistently traded below $1, mostly ranging between $0.3 and $0.6, except for a brief spike above $1.96 in April 2021. 

This period lasted for nearly seven years, and instead of seizing the opportunity, some investors wrote XRP off while others accumulated. However, the tide turned in November 2024, when XRP outperformed the rest of the market after the U.S. elections. 

Now that the opportunity to purchase XRP below $1 appears to have closed, Ramos believes these investors who missed out on the chance have pivoted to “haters.” 

According to him, these are individuals who ignored XRP under $1 and now choose to complain about the current price, having entered during the November run but failing to see substantial gains. Ramos suggested that investors like these end up buying the top. “Thanks Exit Liquidity,” he said. 

However, not everyone agrees with this commentary. For instance, “Tadi” pointed out that assets like Bitcoin, Solana, and Ethereum also traded at low prices, but investors who missed out now happily accumulate. He argued that they do not hate XRP because they missed it at low prices, but because it’s an overrated coin.

Meanwhile, while XRP changes hands at $2.23, some analysts like Income Sharks believe those who missed the chance to buy XRP below $2 may soon have another opportunity. Also, finance expert Coach JV has suggested that XRP traded under $2 represents a blessing.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Sam Wisdom Raphael
Sam Wisdom Raphael
Sam Wisdom Raphael is a seasoned crypto news writer and journalist with 5 years of experience covering blockchain, DeFi, and crypto developments. Sam's active presence in the crypto community complements his deep understanding of the crypto space, allowing him to craft comprehensible price analysis reports and tackle technical blockchain concepts.

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