
Is XRP about to explode, or are investors getting ahead of themselves?
A leading crypto analyst says now may not be the right time to buy XRP, despite growing buzz around Ripple’s global use cases and legal clarity. According to his latest market breakdown, the real “massive buy signal” hasn’t been triggered yet.
So what exactly is he waiting for?
XRP’s Recent Struggles
Despite ongoing support from the XRP Army, Ripple’s native token has remained stuck between $0.48 and $0.55, failing to gain strong bullish momentum while other altcoins like SOL and ETH have surged.
While many investors are eager to load up, technical indicators suggest that XRP is still in accumulation mode, not breakout mode.
Analyst's Criteria: The Ultimate Buy Zone
Renowned technical analyst CryptoFiend shared his view with over 300K followers on X, stating:
“XRP isn’t a buy yet, I want to see a clean break and daily close above $0.64 with strong volume. That’s when I go heavy.”
According to his charts:
Breakout confirmation = $0.64+
Volume spike = must accompany the breakout
Retest support = ideally XRP flips $0.64 into support
He adds that this kind of price action would validate a macro reversal, opening the door for a rapid surge to $1.10 – $1.40 levels.
On-Chain and Fundamental Signals
Beyond TA, XRP’s fundamentals are strengthening:
Ripple continues expanding partnerships in the UAE and South Asia.
Legal clarity post-SEC ruling has given XRP legitimacy in several global jurisdictions.
Whale accumulation is rising, large wallet addresses holding 1M+ XRP have grown 7% this month.
Still, CryptoFiend believes none of these matter if the chart doesn’t confirm.
Conclusion
Should you buy XRP right now? According to top analysts: not quite yet. But the $0.64 level is the magic number that could flip XRP from laggard to leader, fast.
If and when that breakout happens, analysts say XRP could quickly reclaim its spot among the top-performing large-cap altcoins.
So until then, savvy investors might want to stay patient, and keep that alert set.
Disclaimer
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high level of risk and volatility. Always conduct your own research (DYOR) and consult a professional financial advisor before making any investment decisions.