So, here we are again. Austin Hilton, the self-proclaimed “crypto analyst” on X (yeah, that’s the site, not the letter), is warning all you XRP investors to stop what you’re doing and *pay attention*. Apparently, the market is, in Hilton’s words, “under heavy pressure.” No kidding, right? The price could continue to drop, and if you’re holding on, well, good luck. But hey, it’s not all doom and gloom! Hilton says there’s a silver lining: XRP is “oversold,” so maybe, just maybe, it’ll bounce back. Maybe. Like a trampoline that could break if you jump too hard. 🧐
Is XRP About to Crash or Is It Just Oversold? Who Knows?
According to Hilton, XRP is hanging around the $2.75 mark. He’s using the Relative Strength Index (RSI) to back up his claims. The RSI, for those of you who don’t care, is telling him XRP is “oversold.” Translation: “Oh, it’s really cheap right now, but don’t expect it to go up immediately!” So, prepare for more pain, folks. The market is looking like a sad puppy right now. And if Bitcoin decides to go down to, say, $100,000, XRP is going down with it. If you’re holding, I’d suggest getting comfy, because this ride is bumpy. 🚀💥
Bitcoin is doing its thing around $109,000, but there are whispers that it could dip lower. $103,000? $105,000? Who knows? Worst case, $100,000. Hilton thinks if Bitcoin takes a tumble, XRP is definitely going with it. How do you like them apples? 🍏
Oh, and don’t forget the $22 billion worth of crypto options contracts expiring soon. A little *tidbit* Hilton threw in there. That includes $17.5 billion in Bitcoin and $5 billion in Ethereum. That’s some serious pressure. But hey, why not add XRP to the pressure cooker? It’s not like it’s doing well anyway. 😬
Big Investors Are Buying The Dip – But Should You?
While small investors are probably screaming and checking their wallets, big players? Well, they’re licking their chops. Hilton thinks institutions and whales are out there scooping up XRP on the cheap. Smart move, I guess, if you’re playing the long game and not worried about short-term losses. Hilton himself buys XRP every week. (He’s not an institution, though, so there’s that.) If the price drops under $2.50, Hilton’s ready to go full throttle. Dollar-cost averaging, baby. He says that’s how you do it like the big dogs. 🐋
Will XRP dip below $2.50? Maybe. Hilton thinks it’s very likely, especially if Bitcoin keeps slumping. But, here’s the kicker: he’s *optimistic* (if you can call it that). He’s looking at mid-October for a potential rebound. So, if you’re holding, mark your calendars-October could be the month your crypto dreams come true. Or not. Who’s counting, right? 🤷♂️

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2025-09-29 18:59