Crypto Analyst Advises XRP Investors To ‘Not Get Caught’, Here’s What He Means

Austin Hilton, a well-known crypto analyst, has issued a fresh warning to XRP investors, urging them not to “get caught” amid the cryptocurrency’s latest market ￰0￱ XRP showing signs of volatility and uncertainty surrounding its next major price direction, the analyst’s cautionary message serves as a reminder for traders to stay vigilant and ￰1￱ Trap XRP Investors Need To Avoid Hilton recently shared a video report on X social media, cautioning XRP holders about a common trap that they often fall into during extended consolidation ￰2￱ explained that XRP has been trading sideways within a narrow range of $2.80 and $3.30 for roughly 48 days ￰3￱ some investors may interpret this stagnation as a sign of weakness or lack of future potential, Hilton argues the ￰4￱ Reading: XRP Price Could See 20% Bounce To $3.4 If This Trendline Holds According to him, periods of consolidation should not be viewed as setbacks but as essential, healthy stages in an asset’s price cycle and long-term ￰5￱ on his 30 years of investment experience, Hilton noted that both stocks and cryptocurrencies naturally progress through phases of upward surges, corrections, and sideways ￰6￱ added that the real risk comes when investors misinterpret a consolidation phase as the end of growth, leading them to prematurely sell their holdings out of boredom, frustration, or ￰7￱ analyst further emphasized that sideways trading in cryptocurrencies is often a precursor to significant upward ￰8￱ highlighted XRP’s performance earlier in July, when, after a similar period of consolidation, the altcoin rallied by more than 61%.

To him, this serves as evidence that XRP uses these quiet pullback periods to build strong support levels before advancing to higher price ￰9￱ on this point, Hilton advised new and inexperienced investors not to fall for the consolidation trick and abandon their positions, as doing so could mean missing out on potential ￰10￱ also reminded holders that external market events such as the upcoming FOMC Meeting could act as a catalyst for a price breakout after extended periods of ￰11￱ Predicts XRP Explosive Surge To $6 In other news, crypto market expert Gordon offered a bold projection for XRP’s price trajectory, predicting a potentially rapid surge to $6.

He observed that XRP has been consolidating at its current level for months, suggesting that it is preparing for a strong breakout to new all-time ￰12￱ Reading: XRP To Surpass Bitcoin? Pundit Reveals What Will Drive The Takeover The analyst’s monthly chart supports his bullish ￰13￱ shows steady upward momentum, with increasingly larger candlesticks that reflect strong buying pressure and renewed confidence among ￰14￱ seeing a slight surge from the $2.8 range to $2.95, at the time of writing, XRP would still have to rally by approximately 103% to reach the projected $6 target. Fortunately, the explosive candle highlighted in Gordon’s chart demonstrates that the altcoin has entered a stage where price accelerations could happen ￰15￱ image from Adobe Stock, chart from ￰16￱