0
0
The cryptocurrency market has been under intense scrutiny lately, with XRP experiencing notable price fluctuations. In this environment of uncertainty, many investors are questioning whether it’s time to sell. However, according to EGRAG CRYPTO, selling XRP at this point is a decision that doesn’t align with historical trends or smart investment strategies.
EGRAG CRYPTO’s analysis points to past market cycles as a reason to hold onto XRP. The expert highlights several accumulation phases in the chart that demonstrate substantial price increases after extended periods of accumulation. For example, during a 3-month accumulation phase, XRP saw a 2X increase, while a 6-month phase resulted in a 3X increase.
A more prolonged 27-month accumulation resulted in a remarkable 14-fold return. The most striking growth occurred after a 96-month accumulation phase, resulting in an eightfold increase. Based on these historical patterns, EGRAG CRYPTO argues that the current accumulation phase could set the stage for significant future growth.
Also Read: Shiba Inu Sees First Green Candle in Weeks, Sparking Glimmer of Hope Amid Downtrend
One of the core points raised by EGRAG CRYPTO is the emotional nature of the current market. The expert argues that the market is in an “emotional sell zone,” where fear is driving many investors to sell their positions prematurely. Bear markets, as history shows, typically experience a relief rally before any further downturn, and those who sell now might miss out on this opportunity.
Smart investors, referred to as “smart money” in the crypto world, typically sell into strength, not fear. By waiting for signs of market recovery and price stability, they avoid selling at a loss during emotionally driven sell-offs. Selling XRP now, when the market is being driven by panic, goes against this principle of investing wisely.
EGRAG CRYPTO also emphasizes that the current market structure is more likely a reset than a collapse. Rather than seeing a total market crash, the expert believes that the market is simply undergoing a necessary adjustment. This phase of accumulation could soon lead to upward movement, making selling at this point a potentially fatal move for investors.
The expert also addresses both bullish and bearish scenarios, both of which suggest that holding XRP is the more strategic choice. In either case, selling now may cause investors to miss out on future gains when the market inevitably recovers.
Ultimately, EGRAG CRYPTO’s advice is clear: selling XRP now makes little sense. Based on historical data, market psychology, and a more favorable exit strategy, investors should hold their positions and wait for better opportunities ahead.
Also Read: Coinbase Challenges State Authority on Prediction Markets
The post Egrag Crypto: Selling XRP Now Makes NO Sense, Here’s Why appeared first on 36Crypto.
0
0
Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio you’re using to start.
0
0
0
0
