XRP News Today: MMCrypto Sells XRP at $3.40 During Major Rally

Crypto enthusiast MMCrypto has publicly disclosed the point at which he sold XRP during its last major price rally. He shared a screenshot of a weekly XRP/USDT chart, showing XRP trading above $2.83 with a mark near $3.40, indicating a significant upward movement. MMCrypto’s post stated, “This is where I sold XRP in the last pump,” implying that he capitalized on the previous surge and partially exited his position around that peak.

The chart, set to a weekly time frame, highlights the volatility that XRP has experienced since late 2024. At the time of the screenshot, XRP was priced around $2.83, showing notable gains within the current week. The price movement depicted suggests a high of approximately $3.40 during the earlier rally, with the current price attempting another upward move.

MMCrypto’s tweet drew several reactions from notable figures in the cryptocurrency community. Crypto Chiefs responded by revealing his strategy, noting that he sold his XRP at around $3.25 during the same rally and repurchased his position months later at $1.95. He also mentioned he would soon share his latest entry point and target for XRP, suggesting he remains actively engaged in the asset.

Another user, Krueger842, provided a more critical perspective on MMCrypto’s claim, pointing out that the weekly candle in question displayed a wide price range of approximately 33% from bottom to top. He argued that, given the volatility reflected on the chart, it would have been possible to sell anywhere between $2 and $3.40, and questioned whether MMCrypto was attempting to imply perfect timing without definitive proof.

Meanwhile, Whereismyhat commented on his position, stating that he is still holding XRP alongside MMCrypto but would need to sell some soon to cover personal expenses. He described how an upcoming car repair would require liquidating part of his holdings to pay for both labor and parts, illustrating how some investors balance cryptocurrency positions with real-world financial needs.

The exchange of views around MMCrypto’s tweet highlights both the trading decisions of experienced market participants and the diverse motivations of individual investors. His chart underscores how significant price fluctuations in XRP can present both opportunities and challenges depending on one’s strategy and timing. While MMCrypto made clear that he exited near the previous high, others like Crypto Chiefs took a similar approach but reentered at lower levels. Still others, like Whereismyhat, remain holders by either conviction or necessity.

The conversation also reflects the scrutiny that public trading claims can receive, as demonstrated by Krueger842’s analysis of the weekly candle’s range. These reactions showcase how the XRP community tracks price action closely and shares their perspectives on trading decisions in a market known for sharp moves.

MMCrypto’s post serves as a reminder of the ongoing interest in XRP’s price trajectory and the importance of timing in capitalizing on its volatility. While his chart shows a key moment from the past rally, the current price level and weekly performance suggest that many traders are watching closely for signs of the next significant move.