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Home»Analysis»Crypto analyst says that “XRP is dead” is a lie, reveals the truth
Analysis

Crypto analyst says that “XRP is dead” is a lie, reveals the truth

April 22, 2025No Comments
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The Crypto 589bull analyst said that the “XRP is dead” story is a lie. The analyst went further to reveal the truth and explain why market players should be optimistic about Altcoin, despite the Current price action.

Why does XRP not dead despite the current price action

In a X post589Bull said that the idea that XRP is dead is a lie. Instead, he said the truth is that Altcoin is integrated into the next financial system. Crypto analyst has also noticed that Ripple builds the railsDigitization of liquidity using XRP, mapping corridors and “retail sale of bleeding” so that only institutions, robots and initiates are positioned.

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In accordance with this, he advised retail investors not to hunt media threshing, or to lead dates, or to start because the trick is not timing when the switch turns for XRP. Instead, he thinks the trick is to survive a long enough to remove the truth. In other words, 589bull is convinced that Altcoin live a massive wave And therefore advises market players to keep and not to shake.

589bull also answered the question of why XRP has the most fundamental principles in its history and is still down 30% compared to its summit in 2025. He pointed out that the answer is simple, because the price is not the truth. Instead, he believes the price is the trap, perhaps to shake off the hands before altcoins go up New heights of all time (ATHS). The analyst said that “they” are not trying to reward the first holders but would rather shake them.

He also said that while retail investors are looking at red candles, they launch eventually, probably alluding to the ETF TeUcrium XRPwhich has just launched. 589bull added that institutions also list international isia, integration of banks into DLT corridors and the deposit of ETF applications in the background. The analyst said it is a perception game and the greater the fear, the more silent the configuration.

The clock turns for Altcoin

In a post X, Casitrades of cryptographic analyst said that the configuration of XRP had not changed, but the clock turns. She explained that Altcoin remains in the same range, because there were no new ups or lows.

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However, the analyst noted that the Altcoin had attempted a break alongside Bitcoin price But blocked at the level of retracement of 0.618, which is a common level for exhaustion. She added that the rejection came quickly, and now the momentum shoots XRP to support.

Xrp
Source: Casitrades on x

Meanwhile, Casitrades also said that nothing in the situation as a whole has changed. She said that current price action is reinforcing her conviction that XRP will have to sweep the main levels of support, such as $ 1.90 and $ 1.55, before he was ready to break out. The analyst added that this should not continue to slide as a momentum in crypto changes very quickly.

At the time of writing this document, the XRP price is negotiated at around $ 2.07, down almost 2% in the last 24 hours data from CoinMarketCap.

Xrp
XRP Exchange at $ 2.09 on the 1D graph | Source: xrpusdt on tradingView.com

Pixabay star image, tradingView.com graphic



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