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Markets2h ago

XRP's 'Maximum Fear' Discount Sale: A Bearish Hat for a Bullish Heart

$XRP

Analyst EGRAG recently donned a 'bearish hat' not out of newfound negativity, but to objectively map XRP's worst-case scenario. The exercise, rooted in historical market cycles, suggests a potential pullback to the $1.40–$1.20 range—a zone he dubs 'maximum fear' for holders. It’s the kind of dip that makes even seasoned diamond hands sweat, a classic crypto discount bin where the price tag reads "panic."

Despite this grim projection, EGRAG's conviction remains unshaken. He views such a dip not as a signal to exit, but as a prime buying opportunity, a moment for 'conviction execution' rather than panic. His strategy is even becoming more focused, with XRP as his core bet, potentially at the expense of other assets. It’s a degen’s dream: a chance to load up the bags while everyone else is hitting the sell button and crying into their cold wallets.

While EGRAG's near-term caution points to Fibonacci resistance levels at $2.72 and $3.65, his long-term vision is far grander, with targets like $16.50, $35, and even $200. He's not alone in his optimism; other voices like Tokentus CEO Oliver Michel ($12–$16) and Grok AI ($10 by 2026) also see higher horizons, though some critics question the feasibility of such valuations. The hopium is flowing freely, with price predictions stretching into the stratosphere, fueled by a mix of technical analysis and pure, unadulterated belief.

At press time, XRP trades around $2.09, down 2% in a day, caught between those calling for new all-time highs in 2026 and those who believe the bull market has already run its course. The market is currently in a state of indecision, a tug-of-war between the bulls and the bears, with the price action reflecting this ongoing battle. It’s a classic standoff, with everyone waiting for the next big move to either validate their thesis or wreck their portfolio.