The post Expert Says Don’t Sell Your XRP, Gives 7 Reasons to Keep Holding appeared on BitcoinEthereumNews.com.

Edo Farina, the founder of Alpha Lion Academy, encourages investors to continue holding XRP, suggesting that the coin could be primed for a major rally.  Some investors’ confidence in XRP has waned due to the asset’s recent price swings. Recall that XRP plunged from $2 this month to a low of around $1.6 on April 7. A few days later, it rebounded to $2 and has remained within this territory over the past week.  Bearish Case for XRP  However, recent bearish predictions indicate that XRP could be preparing for a major dip. As previously reported, the XRP price chart signaled a rising wedge breakdown, suggesting that the asset might revisit its April 7 low at $1.6.  In addition, there are concerns that the ongoing tariff war might wreak more havoc on financial markets, as observed on April 7. Amid this bearish analysis, many investors are considering selling XRP to save themselves from potential losses.  Why Investors Should Keep Holding XRP  However, Farina cautioned investors against making this move. He urged them not to sell their XRP, highlighting seven reasons why investors should continue holding.  Ripple Lawsuit Nearing Conclusion  First, he mentioned that the SEC v. Ripple lawsuit, which has impacted XRP’s performance over the past few years, is nearing its conclusion. This is due to the parties reaching an agreement to resolve the multi-year lawsuit.  As previously reported, the SEC agreed to accept a reduced fine of $50 million and discard the permanent injunction the court imposed on Ripple’s business.  The SEC and Ripple jointly asked the court to pause the litigation for 60 days as an agreement is in place to drive the much-needed resolution. If the lawsuit concludes, it would end the regulatory uncertainty surrounding XRP, potentially attracting more investors to the coin.   Multiple XRP ETFs  Another reason…

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Filed under: News - @ April 19, 2025 6:22 pm