XRP Trader Reveals 14x Gains, Predicts $5 as Next Stop

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XRP has been heating up, trading just under $3.50 after briefly touching $3.65 on July 18. While many traders are tempted to take profits, long-term believers like popular YouTuber Moon Lambo are holding strong, and with good reason. He just revealed a stunning 14x return on his XRP investment, and he’s not cashing out just yet.

Bought Early, Held Firm

Moon Lambo shared that he began accumulating XRP back in November 2017, with an average entry price of $0.25. Since then, he hasn’t sold a single token. His strategy is simply pure conviction. By navigating the ups and downs and ignoring price fluctuations, his XRP Holdings has increased in value, rising more than 1,300%. That means a $10,000 investment back then would now be worth about $140,000.

Importantly, he credited this success to simple, consistent holding, backed by a belief in XRP’s fundamentals like its payment-focused utility and technology, rather than any trading tactics or timing tricks. He insists XRP’s current momentum is not the peak, but just a step in the larger bull run.

Analysts Eye the Same Target

Despite the surge, Moon Lambo isn’t letting the hype get to him. He reaffirmed that he’ll exit when XRP hits $5, sticking to his long-term plan without letting price action stir emotions. “I’m not an emotional twit,” he said, highlighting the importance of discipline in volatile markets.

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Moon Lambo’s $5 target isn’t a lonely dream. Fellow analyst 24HRSCRYPTO is so convinced XRP will reach $5 that he vowed not to post again until it does. He brushed off critics who thought his earlier $4 call was just hype, stating he’s now “locking in” and will resurface at $5.

Adding to the sentiments, Paul Barron reports a sharp +3.6 jump in XRP’s Market Sentiment Index (MSI), signaling growing bullish momentum backed by strong technicals and institutional interest. With XRP hitting $3.61, breaking out of a six-month pattern, and seeing whale accumulation at $3.34, the stage is set for a further rally. The filing of a ProShares XRP futures ETF and recent pro-crypto legislation add fuel to the fire, as Barron sees smart money targeting $4.50 to $6.

Technicals Show Strength Beneath the Surface

Meanwhile, trader CasiTrades is seeing strength in XRP’s sideways movement. The token has been consolidating between $3.40 and $3.60 for over four days, and he views the support-resistance flip on the trendline as a classic bullish sign. With RSI still low and buyers stepping in on dips, he believes XRP is coiling for a breakout, with $4.65 as the next major level if resistance gives way.