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TimesTabloid 2025-03-18 20:29:33

Selling XRP at This Level Could Be a Costly Mistake, Expert Warns

Edoardo Farina, the founder of Alpha Lions Academy, has issued a strong warning to investors who sold XRP at its recent peak. According to him, those who exited their positions when the cryptocurrency reached the $3 mark in January 2025 have made a significant financial miscalculation, a sentiment many experts have echoed. Farina believes that the token remains undervalued and expects its price to rise considerably in the future. XRP’s Strong Market Performance Since November 2024 XRP has experienced notable price growth since the U.S. presidential election in November 2024. The asset gained 283% that month alone, drawing increased attention from investors and analysts. This sharp rise shifted sentiment in the crypto community, leading several prominent figures who had previously dismissed the asset to reconsider their stance. For instance, macro investor Raoul Pal, who had advised investors to avoid the token in the past, reversed his position in December 2024, acknowledging that he had misjudged the asset. Similarly, billionaire investor Mike Novogratz admitted in February 2025 that he had underestimated the token’s staying power, attributing its resilience to the strength of its community. As sentiment around the token improved, many investors who had previously ignored or sold the asset began reconsidering their decisions. However, some exited the market again when XRP neared its 2021 all-time high, a move Farina claims will prove to be a costly error. Farina Labels Selling XRP a Costly Mistake Farina asserts that investors who re-entered the market following XRP’s surge but later sold at the first sign of resistance have acted prematurely. He describes their decision to sell around $3 as one of the most significant financial missteps in history. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 His conviction stems from the belief that the token is still significantly undervalued. He has previously suggested that even if XRP were to reach $20, it would only mark the beginning of a much larger price movement . To illustrate this point, he compared the situation to Bitcoin’s early growth, questioning whether investors would have sold Bitcoin at $500 if they had known it would later reach $100,000. Token Supply Declining as Price Recovers Farina also predicts that those who sold at $3 may struggle to re-enter the market due to a supply shortage. This expectation aligns with recent data showing that the amount of XRP available on exchanges has been steadily decreasing. Earlier this month, it was confirmed that a continued decline in XRP’s exchange supply could lead to a supply shock if demand increases. At present, the token is trading at $2.27 and has been recovering losses from its February downturn. The asset initially recorded four consecutive days of gains. If the asset breaks above the $2.6 level, it could shift overall market sentiment from bearish to bullish. Investors who exited the market at the recent peak may soon find themselves reconsidering their decisions as the token continues its recovery. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Selling XRP at This Level Could Be a Costly Mistake, Expert Warns appeared first on Times Tabloid .

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