Despite strong fundamentals, XRP’s price remains stuck. A popular XRP analyst, 589Bull, claims this isn’t accidental — it’s a strategy.
Why XRP Price Is Falling Despite Bullish News
XRP has dropped 32% in February and March 2025 and is slightly down in April, currently trading at $2.08. This comes despite major bullish events, including:
Progress on XRP Spot ETFs by Franklin Templeton and Bitwise
Launch of a leveraged XRP ETF
Ripple’s $1.3B acquisition of Hidden Road
Ripple and SEC agreeing to drop appeals in their legal battle
“Price Is the Trap” – 589Bull’s Theory
589Bull argues:
Retail investors focus on price, but real progress is hidden.
Institutions are quietly preparing for adoption (ETFs, ISINs, DLT corridors).
The market is designed to shake out early holders before the big move.
He calls this a “game of perception,” where fear dominates while real infrastructure is being built behind the scenes.
The Real Value Is Hidden
According to 589Bull:
XRP’s fundamentals are solid
The price drop is not a failure, but a setup
The public may miss out if they sell too early
Bottom Line
XRP’s price may not reflect its real value right now. While risky, holding through volatility could be key — if the behind-the-scenes developments pay off.
Disclaimer: This is not financial advice. Do your own research before investing.