XRP dropped $1 this week, touching the minimum $0.99. According to external sources, in the context of the overall fall of the encrypted market, there was a re-emergence of blank voices on social platforms and some traders interpreted the fall as the beginning of a deeper adjustment.

Bitcoin's "Death Theory" again.

The article cites marketer Coach JB, who claims that bitcoin has been declared dead more than 470 times since its birth. This is often used in many aspects of the encrypted market to respond to cyclical pessimism, emphasizing that a single collapse does not necessarily mean the end of long-term trends.

At the same time, it was pointed out that such statements were more a review of historical trends and did not directly induce future performance. The market rebounds in different cycles, the retreat rhythm and the external environment vary.

Comparison of asset increases since 2020

  • The cumulative increase in bitcoin is about 796%.
  • XRP Cumulative increase of approximately 445%
  • The cumulative increase in gold is about 179%.
  • Standard 500 index increase approximately 137%
  • American real estate has risen by about 55%.

According to the article, this set of data reflects only historical performance within a given time window and is highly volatile during the period not covered. During these years, the XRP has been affected by the proceedings of the United States SEC for a long time, and Bitcoin has experienced a significant number of rounds of withdrawals.

Personal hold and short-term expectations

According to the text, Coach JB did not consider the XRP to have fallen by $1 as an off-site signal, but instead continued to use a set-off method of siloing and gradually realized part of the gain when the price rebounded. He states that the current personal hold is dominated by XRP, followed by Bitcoin and Solana.

For the back market, he believed that the XRP might continue to fluctuate between $0.60 and $0.90, while bitcoin might go down to between $40,000 and $50,000. It was stressed that this judgement was a personal one, and that current price fluctuations more directly reflected the increased mood following general market pressure.