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Analyst Says XRP’s Slump is Just a ‘Coffee Break’
The post Analyst Says XRP’s Slump is Just a ‘Coffee Break’ appeared on BitcoinEthereumNews.com. TL;DR Popular analysts consider XRP’s price drop a normal pullback, suggesting targets between $4 and $12 remain in play. Whale accumulation of over 280 million XRP and a fresh buy signal from the TD Sequential indicator hint that a new rally could soon begin. ‘Stay Calm, HODL Tight’ The crypto market has lost some steam over the past 24 hours, with Ripple’s XRP being among the biggest losers. Its price retreated by double-digits, briefly dropping below $3. The bulls, however, put the brakes on the free fall, and the asset currently trades at roughly $3.13 (according to CoinGecko’s data). The pullback appears significant (especially when compared to the all-time high of $3.65 reached on July 18), but some analysts remain unconcerned. One example is John Squire, who described the correction as “a coffee break.” He thinks there’s nothing dramatic in XRP’s drop with just “a few cents.” He also urged investors to “stay calm,” reminding them that the real crash occurred in 2018, when the price plummeted from $3.40 to $0.25 in a matter of months. $XRP drops a few cents and y’all lose your minds… Meanwhile Bitcoin dumps $3K and it’s ‘just a healthy correction, bro.’ Stay calm, hodl tight, if you survived 2018, this is a coffee break. — John Squire (@TheCryptoSquire) July 23, 2025 X user Armando Pantoja shared a similar thesis. He believes the recent swing south is “just a healthy pullback,” setting a short-term target of $4.10 and a year-end one in the range of $8-$12. “Legal clarity + ETFs + Breakout pattern forming: The crazy thing is…the real run hasn’t even started,” he added. The Bullish Elements The asset’s price collapse on a daily scale resulted in substantial losses for over-leveraged traders who had previously opened long positions on XRP. One potential factor that…
The post Analyst Says XRP’s Slump is Just a ‘Coffee Break’ appeared on BitcoinEthereumNews.com.
TL;DR Popular analysts consider XRP’s price drop a normal pullback, suggesting targets between $4 and $12 remain in play. Whale accumulation of over 280 million XRP and a fresh buy signal from the TD Sequential indicator hint that a new rally could soon begin. ‘Stay Calm, HODL Tight’ The crypto market has lost some steam over the past 24 hours, with Ripple’s XRP being among the biggest losers. Its price retreated by double-digits, briefly dropping below $3. The bulls, however, put the brakes on the free fall, and the asset currently trades at roughly $3.13 (according to CoinGecko’s data). The pullback appears significant (especially when compared to the all-time high of $3.65 reached on July 18), but some analysts remain unconcerned. One example is John Squire, who described the correction as “a coffee break.” He thinks there’s nothing dramatic in XRP’s drop with just “a few cents.” He also urged investors to “stay calm,” reminding them that the real crash occurred in 2018, when the price plummeted from $3.40 to $0.25 in a matter of months. $XRP drops a few cents and y’all lose your minds… Meanwhile Bitcoin dumps $3K and it’s ‘just a healthy correction, bro.’ Stay calm, hodl tight, if you survived 2018, this is a coffee break. — John Squire (@TheCryptoSquire) July 23, 2025 X user Armando Pantoja shared a similar thesis. He believes the recent swing south is “just a healthy pullback,” setting a short-term target of $4.10 and a year-end one in the range of $8-$12. “Legal clarity + ETFs + Breakout pattern forming: The crazy thing is…the real run hasn’t even started,” he added. The Bullish Elements The asset’s price collapse on a daily scale resulted in substantial losses for over-leveraged traders who had previously opened long positions on XRP. One potential factor that…
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