Crypto strategist EGRAG CRYPTO has issued a stark warning to XRP investors, suggesting the next significant price pump for the asset should be viewed as an "exit pump" for profit-taking. In his analysis, EGRAG addresses "panicking" holders, framing the market as a competitive game requiring emotional resilience. He advises that if investors believe the market is headed for another 50–60% drop, the forthcoming rally represents a critical point to lock in gains.
The analysis hinges on XRP's price action relative to a key technical level—the blue support channel. EGRAG asserts that as long as XRP remains above this channel, a sharp rally providing a solid exit point is possible. However, a break below this support could signal further downside, making the next pump the ideal time to exit positions. He shared this perspective on social media, emphasizing the need for strategic planning over emotional reactions to market volatility.
Concurrently, on-chain data suggests a potential shift in market dynamics. The XRP Ledger saw a massive spike in payment volumes in late January, with over two billion XRP transferred in a single day. This was followed by a dramatic 95% drop in network activity. Analysts interpret the initial surge as likely driven by large holders redistributing or liquidating positions, contributing to recent selling pressure. The subsequent slowdown may indicate the panic-selling phase is ending, with key momentum indicators entering oversold territory, potentially setting the stage for stabilization.
Despite the near-term caution, EGRAG remains bullish on XRP's long-term potential, believing it could surpass giants like Amazon and Tesla in impact by redefining global financial transactions. He acknowledges risks, including potential regulatory changes, but maintains that XRP's inherent value as a transformative financial asset remains intact for investors who can navigate the volatility with a clear strategy.