XRP News Today: XRP Analyst EGRAG Crypto Urges Holders to Stay Calm Amid $1.99 Consolidation

Generated by AI AgentCoin World
Monday, Jun 23, 2025 3:35 pm ET2min read

Top crypto analyst EGRAG Crypto has issued a strong message to XRP holders, urging them to remain calm and embrace the current market consolidation. With XRP trading at around $1.99, EGRAG believes the pause in momentum is not a sign of weakness but a strategic setup for the next major rally.

XRP has been consolidating just below the $2 mark, sparking mixed reactions among traders. While some interpret this stagnation as a loss of steam, EGRAG sees it differently. He argues that this consolidation is bullish, a necessary breather after sustained upward movement. Historically, XRP has shown strength during consolidation phases at key resistance levels. These periods often serve as foundations for explosive breakouts. EGRAG believes this current setup mirrors those moments, encouraging the XRP community to remain focused and patient.

EGRAG highlights the XRP community’s ability to withstand adversity. He recalls how events that rattled global markets were seen as buying opportunities rather than reasons to panic. During the COVID-19 crash, while fear gripped the world, XRP holders viewed the crisis as a chance to accumulate. The SEC lawsuit in December 2020, perhaps the most defining challenge in XRP’s history, triggered massive uncertainty. Yet, rather than abandoning the project, the community held firm, seeing the legal battle as a temporary setback and a discounted entry point.

The 2022 bear market also tested investor resolve. XRP dropped alongside the broader crypto market, but committed holders continued to accumulate, trusting in long-term value over short-term price action. Even economic challenges like tariffs, which weighed on global sentiment, were met with optimism, another chance to stack XRP at lower prices.

EGRAG’s message also touches on the significance of the October 7, 2023, Hamas attack on Israel. That day marked the beginning of the Gaza war, with over 1,000 Israeli civilians killed in a surprise assault. The attack triggered a broad regional conflict, drawing in Iran-backed militias and escalating tensions across the Middle East. Although Iran was not directly involved in the initial attack, its support for groups like Hamas and Hezbollah positioned it at the heart of the regional fallout. In the months since, the situation has evolved into a complex proxy conflict involving Israel, Iran, and their allies.

Despite the uncertainty, EGRAG maintains that such geopolitical unrest presents an opportunity for disciplined investors. He frames it as another chance to dollar-cost average, a long-term strategy that benefits from market volatility. For EGRAG Crypto, XRP’s journey is about more than charts and headlines. It’s about conviction. The message is simple: XRP holders have weathered every storm, and this phase is no different.

As legal clarity approaches and adoption increases, the stage may be set for XRP’s next chapter. And according to EGRAG, those who stay the course through this bullish consolidation will be ready when liftoff begins.