This May Be Your Last Month to Buy XRP at Low Valuations: Crypto Founder Warns
12h ago•
bullish:
0
bearish:
0
Share

As XRP has remained bearish for several weeks, analysts are warning that now may be the last opportune moment to buy XRP cheaply.
In a tweet on Friday, Versan Aljarrah, co-founder of Black Swan Capitalist, expressed this perspective. Aljarrah said this month may be the last time investors get to buy crypto assets like XRP at low valuations.
"Last Month to Buy XRP Low"
XRP is currently selling at $2.81, the same level it has held since last week. The current price represents a 6.2% dip from where it traded a month ago. During this time, the price dropped to $2.69 before slightly recovering.
Bitcoin has mostly driven the bearish sentiment in the market during this period. Trading at $110,800 today, BTC is down 11% from its August all-time high of $124,457. Bitcoin turned immediately bearish after reaching this peak 23 days ago.
Now, market analysts are calling for the next bullish phase for crypto as the market has remained sideways and mostly bearish for several weeks, and they believe a rebound is due.
Banking on this perspective, Aljarrah suggested that those not seizing the opportunity to buy XRP now may lose out and face higher valuations soon.
3 Other Analysts Calling for a New XRP Bull Run
In a separate post, crypto analyst Ripple Van Winkle highlighted that since XRP has dropped 25% from its July peak of $3.65, signs of a rebound are now compounding. He cited whale accumulation as a bottom indicator.
With support at $2.70, he suggested $2.90 is the resistance level for XRP to break. If cleared, the next target is $3.70. Meanwhile, he noted this momentum could see XRP extend to the $5 price range.
Likewise, analyst Dark Defender said XRP has completed its Wave 4 correction and is ready for a rebound.
Dark Defender believes XRP is following a five-wave Elliott Wave pattern and is now entering the bullish fifth wave, with a projected target of $4.39. However, the rally depends on XRP holding the $2.85 support level, which aligns with the 23.6% Fibonacci retracement.
XRP is currently trading near this support and has continued holding above $2.80 over the past week.
Separately, analyst EGRAG highlighted three bullish signals for XRP: a strong monthly chart structure, support above key Fibonacci levels (notably $1.99), and price holding above the 21 EMA.
He predicts a near-term target of $3.90, with long-term goals as high as $46 — potential gains of up to 1,543%. The bull run, he says, remains intact unless these technical supports break.
Essentially, many analysts believe the days of XRP trading under $3 are rapidly coming to an end, and they see new highs beyond the $5 price point.
Market Reaction
Meanwhile, market participants responding to Aljarrah's post do not share his optimism. Some say a major correction could still occur. Others point out that XRP bulls like him have been calling for a "last chance" to buy XRP for several weeks while prices have not advanced significantly.
At the same time, some believe a new bull run could be underway.
12h ago•
bullish:
0
bearish:
0
Share
Securely connect the portfolio you’re using to start.