The price action of XRP in recent days has been shown with constant low pressure. At the time of writing, XRP is dangerously close to losing $1.5, after falling from high levels in early January and failed to hold $1.6 as support.
This negative price action is consistent with discussions within the XRP community. One of those discussions is a comment from crypto expert Jake Claver, who explained why understanding what is happening underwater can provide a meaningful benefit to XRP.
Most are still missing the Big Picture
In latest statement, Jake Claver noted that much of the traditional financial world has yet to recognize the structural change that is quietly taking place between banks and financial institutions. According to him, Ripple’s technology should not be considered as another blockchain project. Instead, Ripple’s technology is an infrastructure set to unlock billions of dollars in frozen or delayed assets.
His view is that this disconnect between perception and reality is exactly where early profits tend to emerge, especially before the price fully reflects long-term utility. Claver went on to specifically point to the adoption of XRP and XRPL by major banks and financial institutions. Systems are already being implemented alongside the XRP Ledger, which will eventually support real-world value movements at scale.
The change will be big when those goods start flowing on these rails. This goes back to the feeling that exists among XRP enthusiasts that real world discovery will send the amount of cryptocurrency trading over double and triple digits. As Claver pointed out, everything will change forever when these assets begin to flow, and those who understand this now have the advantage of getting better returns.
XRP’s Bear Phase Is Nearing Its End
XRP is currently trading at $1.58, having recently hit an intraday low of $1.54. The outlook now looks bearish. However, in a recent post on XBird, the developer of DropCoin and a prominent XRP community, noted that the XRP bear market is approaching its final stages. According to him, the next pump is imminent and will eventually send the price of XRP up and to the right.
Bird has identified a set of major and emotional cues that he believes give an advantage to early adopters. He highlighted the Russell 2000 pushing to an all-time high, Bitcoin’s dominance showing signs of breaking out, and precious metals like gold and silver losing momentum.
XRP price chart. Source: @Bird_XRPL on X
On the emotional side, he also referred hope from Ripple’s leadership (Chris Larsen and David Schwartz) on social media. These subtle shifts are lined up underground to create conditions where XRP can stabilize around $1.60 before attempting a major recovery move. If that rotation happens as expected, then a broader rally could eventually bring XRP back above the $3 level once momentum has fully reversed.
The featured image was created with Dall.E, a chart from Tradingview.com
Planning process because bitcoinist focuses on delivering well-researched, accurate, and unbiased content. We maintain strict sourcing standards, and each page is diligently reviewed by our team of senior technical experts and experienced editors. This process ensures the integrity, relevance, and value of our content to our readers.
