HomeCrypto NewsMarketAnalyst Says It Might Take Some Time but Holding XRP Is a Rewarding Thing to Do

Analyst Says It Might Take Some Time but Holding XRP Is a Rewarding Thing to Do

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An analyst has urged XRP holders to remain patient, as the coin has the potential to reach new all-time highs and reward those who did not sell.

Specifically, market watcher “Xauluax” shared this sentiment in his latest TradingView commentary, as XRP continues to test the patience of holders. The cryptocurrency raised optimism when it rallied 30% in less than one week, from around $1.84 to $2.41.

However, over the last few days, the coin has given back a considerable part of this gain, falling to a low of $2.06 yesterday. As the market started to panic again, XRP bounced from the low to trade at $2.13 at the time of writing.

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XRP Looks Good to DCA Here

Meanwhile, Xauluax still believes that XRP would change hands at much higher prices than it currently trades at. As a result, he recommended holding through the storms, insisting that those who do would reap the reward.

Further, he highlighted that this is a great place to start dollar-cost averaging (DCA) into XRP. For the uninitiated, this strategy involves gradually increasing exposure to an asset at different prices rather than a one-time buy, helping investors secure a better entry price.

The analyst noted that XRP and most other cryptocurrencies in his radar have been acting as though DCA is the best thing to do. As the market continued to fluctuate, he suggested that enthusiasts DCA as much as possible in preparation for the subsequent bullish price development.

New All-Time High on the Horizon

Notably, he added that he believes some cryptocurrencies will soon reach new all-time highs, including XRP. The fourth-largest cryptocurrency remained the only asset in the top five by market cap to not hit a new all-time high in 2025, failing to breach its 2018 peak of $3.84 per CoinMarketCap.

The commentator sees this changing, but emphasized it might take some time. Meanwhile, he highlighted two possible targets for XRP, both of which surpass its current all-time high.

An accompanying chart shows he expects XRP to hold its current Fibonacci support between $1.8 and $2.1, which could trigger an upside move. His first target is $5, which represents a 134% increase from the current market price.

XRP Holding Fibonacci Support
XRP Holding Fibonacci Support

Subsequently, he predicted a push to $9, over a 4x, or 322%, increase from here. 

Notably, this aligns with the conservative target shared by the top exchange, Uphold. In December, the trading platform highlighted a prediction from xAI’s Grok, which estimated that XRP would reach between $9 and $13 at the peak of this bull cycle.

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

Elendu Benedict
Elendu Benedict
Elendu Benedict is a refined cryptocurrency writer with over two years of experience in the field. With a thorough understanding of blockchain technology, cryptocurrencies, and market trends, as well as proficiency with ETFs, DeFi, and Web3, he specializes in writing engaging and educational articles on a variety of crypto-related subjects.

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