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Breaking News: SOL Strategies: The First Solana Treasury Company Listed On Nasdaq

Crypto Analyst Advises XRP Investors To ‘Not Get Caught’, Here’s What He Means

Scott Matherson
Scott Matherson
3 hours ago
3 mins read
XRP

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Austin Hilton, a well-known crypto analyst, has issued a fresh warning to XRP investors, urging them not to “get caught” amid the cryptocurrency’s latest market movement. With XRP showing signs of volatility and uncertainty surrounding its next major price direction, the analyst’s cautionary message serves as a reminder for traders to stay vigilant and patient. 

The Trap XRP Investors Need To Avoid

Hilton recently shared a video report on X social media, cautioning XRP holders about a common trap that they often fall into during extended consolidation phases. He explained that XRP has been trading sideways within a narrow range of $2.80 and $3.30 for roughly 48 days now. While some investors may interpret this stagnation as a sign of weakness or lack of future potential, Hilton argues the opposite. 

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According to him, periods of consolidation should not be viewed as setbacks but as essential, healthy stages in an asset’s price cycle and long-term growth. Drawing on his 30 years of investment experience, Hilton noted that both stocks and cryptocurrencies naturally progress through phases of upward surges, corrections, and sideways movement. He added that the real risk comes when investors misinterpret a consolidation phase as the end of growth, leading them to prematurely sell their holdings out of boredom, frustration, or anxiety. 

The analyst further emphasized that sideways trading in cryptocurrencies is often a precursor to significant upward moves. He highlighted XRP’s performance earlier in July, when, after a similar period of consolidation, the altcoin rallied by more than 61%. To him, this serves as evidence that XRP uses these quiet pullback periods to build strong support levels before advancing to higher price ranges. 

Building on this point, Hilton advised new and inexperienced investors not to fall for the consolidation trick and abandon their positions, as doing so could mean missing out on potential gains. He also reminded holders that external market events such as the upcoming FOMC Meeting could act as a catalyst for a price breakout after extended periods of calm. 

Expert Predicts XRP Explosive Surge To $6

In other news, crypto market expert Gordon offered a bold projection for XRP’s price trajectory, predicting a potentially rapid surge to $6. He observed that XRP has been consolidating at its current level for months, suggesting that it is preparing for a strong breakout to new all-time highs. 

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The analyst’s monthly chart supports his bullish outlook. It shows steady upward momentum, with increasingly larger candlesticks that reflect strong buying pressure and renewed confidence among investors. Despite seeing a slight surge from the $2.8 range to $2.95, at the time of writing, XRP would still have to rally by approximately 103% to reach the projected $6 target. Fortunately, the explosive candle highlighted in Gordon’s chart demonstrates that the altcoin has entered a stage where price accelerations could happen swiftly. 

XRP
XRP trading at $3.02 on the 1D chart | Source: XRPUSDT on Tradingview.com
Featured image from Adobe Stock, chart from Tradingview.com
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Scott Matherson
Scott Matherson

Scott Matherson

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers.

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Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott’s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life.

With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others.

Scott’s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott’s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry.

Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors.
In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else.

Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies.

Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

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