Will XRP Price See Another Major Dump? Digital Ascension CEO Weighs In

Jake Claver, CEO of Digital Ascension Group, recently addressed the ongoing discussion about whether XRP could revisit lower price ￰0￱ highlighted that many investors overlooked XRP when it was trading between $0.30 and $0.50, often dismissing it as “garbage”. Now, as XRP edges higher, those same investors are wishing for a chance to re-enter at those lower ￰1￱ stressed that buyers had years to accumulate XRP at those ￰2￱ him, the days of XRP trading below $0.50 are gone for good, suggesting that major corrections are unlikely to push the coin back to those levels. ETFs, Volume, and Market SupportClaver pointed out that XRP's price resilience sets it apart from other tokens, which often experience sharp rallies followed by 90% ￰3￱ contrast, XRP has found consistent support alongside Bitcoin and continues to benefit from strong trading ￰4￱ context, XRP sees an average daily trading volume of $5 billion and a monthly volume of around $140 billion, ranking it among the top four excluding ￰5￱ highlights significant market participation and interest in the ￰6￱ volume, Claver highlighted that with ETF products now in play, the market is unlikely to allow XRP to fall back to its previous ￰7￱ XRP ETFs are expected to launch next month, with projections of $5 billion in investments flowing in within ￰8￱ of this, many believe XRP is more likely to rise than to experience a major retracement back to the $0.50 ￰9￱ of today, XRP is trading at $2.84, maintaining over 400% in gains since November 2024.

Notably, institutional interest is ￰10￱ have disclosed over $1 billion to establish XRP treasuries, further supporting the argument that deep corrections back to historic lows are increasingly unlikely. "What Goes Up Must Come Down"Meanwhile, some technical analysts believe the adage— what goes up must come down —still applies to XRP and other crypto assets, regardless of bullish fundamentals or institutional ￰11￱ instance, analyst EGRAG has used historical trends to outline various crash scenarios for XRP , suggesting that a drop to as low as $0.30 is still possible after a blow-off top. However, he notes that the eventual lows will depend on how high XRP ￰12￱ example, a peak at $27 could result in a correction below $1, while a peak at $9 might lead to $1.3.

Today's Price Will Become SignificantMeanwhile, Claver believes XRP is positioned for sustained long-term ￰13￱ noted that if Bitcoin continues its upward trajectory, XRP will ￰14￱ also pointed to potential catalysts, such as reverse carry trade dynamics and XRP's use in backend settlement for stock market ￰15￱ to Claver, these factors could propel XRP to levels where small differences in entry points—whether $2.50 or $3—will become insignificant once the token reaches triple-digit valuations. Dollar-Cost Averaging Over Timing the MarketInstead of waiting for an unlikely major price drop, Claver recommends dollar-cost averaging (DCA) as the best strategy for most ￰16￱ suggests investors should buy small amounts when liquidity permits, also warning against using ￰17￱ his view, XRP’s next major move is more likely to be upward than downward.