Edoardo Farina, founder of Alpha Lions Academy, says those selling XRP around the January 2025 highs are making the greatest financial mistake in history.

Notably, XRP has been one of the standout players in the market since the U.S. presidential election in November 2024. For context, the altcoin began its impressive run with a massive 283% increase in November 2024 alone, attracting the attention of the broader market.

Industry Commentators Flip Bullish on XRP

Amid this upsurge, several industry commentators who initially doubted its potential to recover due to the lackluster performance in 2021 quickly changed their opinions. For instance, Raoul Pal, who had previously advised investors to get out of XRP, eventually admitted he was wrong in a disclosure last December.

Months later, particularly in February 2025, billionaire Mike Novogratz made a similar U-turn, acknowledging that he was wrong about the asset. According to Novogratz, XRP had remained relevant due to its vibrant and dedicated community. 

As influential figures publicly changed their stance, some XRP community figures suggest a similar trend prevailed behind the scenes for investors. Accordingly, traders or investors who chose to avoid XRP had looked to jump on the train amid the recent upsurge.

However, some of these investors appear to have left the market when XRP reclaimed the $3 price in January 2025 and when it retested highs around the 2021 all-time high. In his recent commentary, Farina suggested that this was a costly mistake. 

“Great Financial Mistake”

According to him, these “XRP haters” FOMOed into the market when XRP looked bullish, especially on the back of the November 2024 upsurge. However, they chose to sell their bags at the slightest chance of bearishness, especially after XRP faced resistance at the $3 mark.

“This will go down as one of the greatest financial mistakes in history,” the Alpha Lions Academy founder boldly asserted. Notably, Farina’s conviction comes from the belief that XRP is still undervalued at current prices, anticipating a massive appreciation in the future.

For instance, last week, the market commentator implied that XRP reaching $20 would merely mark the start of its larger uptrend. At the time, he questioned investors if they would have sold BTC at $500 had they realized the asset would someday reach $100,000. 

In his latest disclosure, Farina noted that those who sold around the $3 level would witness a massive supply shock when they attempt to re-enter the market, especially when XRP recovers above the 2021 all-time high. Earlier this month, The Crypto Basic confirmed that XRP supply on exchanges had continued to plummet. 

Meanwhile, XRP currently changes hands at $2.4, already looking to recover the losses of February 2025. Notably, XRP has witnessed consecutive intraday gains over the past four days, already up 12% in March. A break above the $2.6 could flip the general momentum from bearish to bullish.

XRP recently broke into price discovery against the Korean Won, indicating it entered a phase where larger uptrends could continue.

XRP’s price is currently battling the bears amid persistent turbulence impacting the broader crypto market. Despite this, the altcoin appears to have displayed the greatest resilience, as recently highlighted by Bollinger Bands founder John Bollinger. 

For context, XRP is still up 8.73% this month amid the market downturn, with a more substantial 12.16% increase this year. In contrast, other altcoins are seeing declines. For one, Ethereum (ETH) has collapsed 15.21% this month and is down 43% year-to-date.

The recent market slump follows a previous upward trend that saw multiple assets reach previous highs from November 2024 to January 2025. XRP was one of the biggest beneficiaries of this uptrend, and a recent discovery shows the extent of its explosion was largely underreported.

XRP Reaches Price Discovery Against KRW

A look at the XRPKRW chart shows a remarkable event in January 2025. Notably, within this month, XRP rose to 4,987 KRW, marking a new all-time high.

For context, XRP’s previous all-time high against the Won was 4,750 KRW, attained in January 2018. The run to 4,987 KRW two months back indicates that XRP slightly reached a price discovery phase on the XRPKRW chart. Data shows that this occurred on the back of a massive symmetrical triangle breakout on the monthly chart.

The upper trendline of this triangle started forming as XRP dropped from the previous 4,750 KRW ATH in January 2018, persisting for nearly seven years. Meanwhile, the formation of the lower trendline began in March 2020, as XRP continued to observe higher lows from this level.

The asset eventually broke above the upper trendline amid the upsurge in November 2024, rallying by more than 280% that month. After a brief pullback that lasted for three weeks, XRP rebounded, with this recovery push eventually leading to the 4,987 KRW ATH by late January 2025.

Massive Uptrend Ahead

Notably, when an asset reaches a price discovery phase, it typically witnesses a “free run” to greater heights, as the bears have no decisive past resistance level to capitalize on. This confirms XRP’s potential to secure higher levels once it recovers the 4,987 KRW peak when the ongoing pullback ends. Bollinger also noted that XRP could be the market leader for the broader recovery.

Last October, right before the November 2024 explosion, market analyst Zach Rector shared similar sentiments. The analyst argued that XRP’s suppression was over, and it was “free to run.” A month later, the asset spiked 280%. Despite the upsurge from November and December 2024, Rector still insisted that XRP was “incredibly undervalued.”

In previous disclosures, he had championed some ambitious goals. In January 2025, Rector asserted that ETF inflows could help push XRP to $33. Last October, another analyst, Ralston Maximus, argued that the $30 to $35 price is not ridiculous for XRP. Currently, XRP changes hands for $2.33 and 3,421 KRW.