Market Cap
24h Vol
10071
Cryptocurrencies
58.26%
Bitcoin Share

Pundit: Buying XRP Now At These Prices Is an Incredible Opportunity

Pundit: Buying XRP Now At These Prices Is an Incredible Opportunity


TimesTabloid
2025-10-17 14:05:08

Cryptocurrency markets long for “moments of clarity”—those rare windows where price, narrative, and catalyst briefly converge to create the potential for outsized gains. Right now, one of those windows may be opening around XRP, and it’s no accident that commentator Amonyx has cast this moment as an “incredible opportunity.” But to act wisely, one must parse price action, underlying fundamentals, and looming catalysts with precision. Current Price Landscape and Recent Volatility As of report time, XRP is trading in the range of $2.27, with recent daily data showing an average in the mid-$2.50s. Earlier in October, XRP underwent a sharp intraday collapse from around $2.82 down to as low as ~$1.64 during heavy liquidation sweeps, before partially recovering. Such wild swings underscore how speculative the current regime is—even within what some deem a structural accumulation phase. Volume has spiked during drawdowns, suggesting active repositioning rather than passive exits. But that same volume profile amplifies risk: when support breaks, the fallback is swift. Buying $XRP now at these prices is an incredible opportunity. — Amonyx (@amonbuy) October 16, 2025 Technical Structure: Support, Resistance, and Pattern Risk Analysts like Peter Brandt have warned of a descending triangle pattern forming on XRP’s charts, with a confirmed close below $2.6874 potentially triggering a deeper ~20 % decline. In contrast, bullish scenarios hinge on holding support zones—especially between $2.65 and $2.75—while rallying past resistance in the $3.05 to $3.10 corridor. Without volume confirmation, however, upward attempts will remain fragile. If XRP can break above $3.10 decisively, momentum could carry it toward $3.30 to $3.50 by month’s end. Conversely, failure below $2.65 might test deeper support near $2.30 or even $2.20. Macro and On-chain Catalysts to Monitor Beyond pure charts, several real developments could sway sentiment. The most notable is the emerging news that Ripple Labs is reportedly leading a $1 billion fundraising effort to accumulate XRP via a new digital-asset treasury structure. If executed, this would constitute one of the largest internal commitments to XRP in its history. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 At the same time, Ripple’s acquisition of GTreasury further positions the company to operate at the intersection of corporate treasuries and tokenized assets—an infrastructure move that could favor XRP’s utility narrative. Another massive force lies ahead: the U.S. SEC is currently reviewing six spot XRP ETF applications, with decisions expected between October 18 and 25. Approval would awaken institutional demand, potentially inflecting price significantly. Denial or delays, however, could provoke sharp volatility or sentiment pullback. Prudent Entry Strategy Under Uncertainty Labeling the current price level “an incredible opportunity” is justified only if one pairs boldness with discipline. For medium to long-term holders, staggered accumulation (dollar-cost averaging into the $2.50–$2.80 zone) is a defensible play. Shorter timeframes call for confirmation: wait for a daily close above $3.05–$3.10 on strong volume before committing major capital. On the downside, a breach below $2.65 should trigger cautious revaluation or stop-loss protocols. The Verdict Amonyx’s assertion that “buying XRP now at these prices is an incredible opportunity” resonates precisely because the constellation of technical, on-chain, and corporate signals is unusually aligned—though far from guaranteed. XRP currently sits at a crossroads where it must defend critical support while awaiting catalysts that could validate renewed upside. Those who enter must treat this as a calculated play, not a blind bet. The coming week—driven by ETF rulings and Ripple’s treasury moves—may define whether this window becomes a landmark entry or a gate that slams shut. 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 Pundit: Buying XRP Now At These Prices Is an Incredible Opportunity appeared first on Times Tabloid .


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.