A crypto analyst has made a bold statement about XRP’s current price behavior, 
arguing that the cryptocurrency’s slow movements are necessary to build strong 
support levels. The analyst highlights the importance of consolidation and 
long-term accumulation, suggesting that XRP’s support levels are laying the 
groundwork for a market reset and a significant price surge. The Mind-Blowing 
Truth About XRP On Wednesday, crypto market expert Diep Sanh took to X, 
announcing that he had a mind-blowing message to share with the crypto 
community. The analyst explained that XRP&#8217;s current price action is far more 
important than many investors realize. According to him, extended periods of 
consolidation, as XRP is currently experiencing, lay the foundation for major 
rallies. Related Reading: Bitcoin Dead Cat Bounce: Analyst Reveals What To 
Expect As Price Recovers Sanh emphasized that when XRP spends a significant 
time near the $2 mark, it gives investors the chance to accumulate at that 
price. He explained that this accumulation builds a powerful layer of support, 
which can help stabilize the market during future corrections. He also noted 
that once XRP climbs to a higher region and stays there long enough to form a 
higher low, a new wave of investors usually enters. This creates the next 
support base and sets the stage for a major upward move. Sanh hinted that XRP 
could reach dramatic price targets, such as $10 or even $100. However, it 
would require several of these strong support layers to form over time. Each 
layer represents greater confidence in the asset and more liquidity to sustain 
a stronger market. The analyst noted that investors or traders who are 
frustrated by XRP’s low price and recent downturn are missing the bigger 
picture. He highlighted that they do not understand how these gradual 
accumulation phases work or how they can contribute to long-term gains. XRP 
Remains One Of The Best Crypto Plays After Price Dip In a subsequent analysis, 
Sanh reaffirmed his confidence in XRP’s future outlook following the recent 
market downturn. He noted that XRP remains one of the strongest crypto plays 
despite its recent price crash. The analyst emphasized that the cryptocurrency 
continues to stand out due to the utility of the XRP Ledger (XRPL), a 
blockchain network engineered for fast and efficient global payments. Related 
Reading: XRP 100x Rally To $225: Why The Only Place To Go Is Up Sanh noted 
that this unique design of XRPL gives it an advantage over many large-cap 
competitors. Moreover, with regulatory uncertainty largely resolved after the 
US Securities and Exchange Commission (SEC) dispute, the analyst highlights 
that XRP has already outperformed most top assets. Currently, XRP is trading 
at $2.2, experiencing a slight recovery despite recording weeks of choppy 
price action. Sanh disclosed that investors and traders tend to treat such 
corrections as strategic accumulation periods rather than signs of weakness. 
He argued that if XRP continues to expand in areas such as cross-border 
payments, tokenized asset markets, and stablecoin development, it would 
benefit its underlying structure. He added that these expanding sectors will 
also provide long-term support for the cryptocurrency’s growth potential. 
Featured image created with Dall.E, chart from Tradingview.com

Pundit Shares XRP Fact That Will ‘Blow Your Mind’

Bitcoin is flirting with fresh highs, trading between $90,658 to $91,394 after 
brushing up against a $91,849 peak in the past 24 hours. With a market 
capitalization of $1.823 trillion and a roaring 24-hour trading volume of 
$77.09 billion, the asset is straddling a narrow range between $86,448 and its 
latest high, suggesting momentum is […]

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institutional interest in crypto, signaling a shift in traditional asset 
management.
The post California&#8217;s $500B pension fund holds $80M in Strategy shares for 
indirect Bitcoin exposure appeared first on Crypto Briefing.

California’s $500B pension fund holds $80M in Strategy shares for indirect Bitcoin exposure

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Cryptocurrency price in PKR