Current Situation of XRP: Buy, Sell or Hold? Bitcoin Investors Consider

As XRP continues to face downward pressure in the crypto market, analysts are debating whether the current price represents a buying opportunity. Although the token has shown resilience in maintaining its market rank, there are still concerns about the technical indicators and broader market conditions. Lark Davis, a prominent figure in the crypto market, recently shared his views on the performance of XRP. Although this asset remains the fourth largest cryptocurrency by market capitalization, Davis still expressed caution regarding its technical indicator setup. According to Davis, the chart of XRP seems to be under significant pressure. The token has approached the 200-day exponential moving average (EMA) multiple times, a level often regarded as a crucial support zone. Since the end of May, XRP has tested this level on four separate occasions without triggering a strong bounce back, indicating the persistent hesitation of the market. However, Davis acknowledges that these repeated tests of the 200-day EMA have provided viable short-term trading opportunities. In his view, the EMA serves as a reasonable entry point for traders looking for short-term profits. However, he does not encourage long-term investors to make significant purchases at the current price unless they intend to capitalize on specific upcoming market events. Speculation on ETF Approval Boosting Strategic Interest Davis points out that, strategically speaking, buying XRP right now may be reasonable for investors planning to sell when there is potential news related to the approval of the (ETF). The (SEC) is expected to make a final decision on more than ten proposed XRP spot ETFs in October 2025, after several previous delays. If approved, Davis believes this could lead to an increase in investor interest, potentially resulting in a price spike. He describes this scenario as one of the few that could justify significant purchases of XRP at this stage, especially for those looking to benefit from short-term volatility surrounding the announcement. Replacement Opportunity Interestingly, Davis also compared XRP with Litecoin (LTC), claiming that he sees greater price increase potential in LTC, especially if both assets receive ETF approval. The main factor influencing his preference is market capitalization. The market value of Litecoin is around 6 billion dollars, significantly smaller than the estimated 120 billion dollars of XRP. He argues that this lower market capitalization positions Litecoin to react more strongly to positive developments. Based on this data, Davis suggests that LTC could achieve a price increase four times more easily than XRP in similar situations. Other Analysts Expect A Lower Entry Point For XRP Not all analysts agree with the current valuation of XRP. Another market observer, identified as Arthur, argues that XRP is still overvalued at its current level of around $2. He believes that more attractive entry points exist at lower price thresholds, specifically between $1.05 and $1.30. According to him, that range would provide a more favorable risk-reward ratio for long-term buyers. Despite the pessimism from some quarters, a number of investors remain optimistic about the long-term prospects of XRP. These supporters believe that the recent fall is only temporary and predict that the token could surpass $10 before the end of the year. They see the current market conditions as a short-term adjustment rather than a sign of deeper weakness. Expert opinions on XRP are divided. While some analysts see short-term opportunities around the 200-day EMA and the potential approval of the ETF as a catalyst, others are calling for caution and advising to wait for lower price levels.