Selling XRP Now May Be the Wrong Move

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XRP is below a crucial support following a 13% monthly decline.

Ripple’s cross-border token, alongside most of the cryptocurrency market, has fallen hard over the past several months, dropping by more than 40% since its July all-time high of $3.65.

However, a popular analyst known for backing the token has outlined several reasons why investors should remain strong during this ongoing correction and refrain from selling XRP.

ERGAG CRYPTO noted that even if investors believe the bear market has started, they should retain possession of their XRP tokens. The analyst justified his call by outlining that this is an emotional sell zone and not a fundamental one.

They added that smart money sells into strength and urged people to maintain their positions even if fear is the predominant emotion, as “historical XRP cycles always gave a relief move.”


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