XRP Should Not Repeat 90% Drop, Says Digital Ascension CEO
- Institutional liquidity and ETFs reinforce XRP's support
- Asset maintains technical support in the face of market downturns
- DCA highlighted as a consistent strategy for investors
Jake Clover, CEO of Digital Ascension Group, stated in a video published in early September that he no longer sees room for a 90% drop in XRP's price. He believes the prolonged accumulation period at levels below $1 has already offered multiple entry opportunities, and expecting a new capitulation would be a mistake for traders still seeking much lower prices.
In his analysis, the XRP market has undergone significant structural changes. Clover highlighted that the SEC's likely approval of spot ETFs in 2025, the likelihood of which was estimated at 95% by Bloomberg's James Seyffart, should act as a constant driver of demand. Furthermore, the operation of institutional algorithms like TWAP and VWAP creates systematic buying pressure, reducing the likelihood of major declines. "This will be sustained here because of the ETFs, because of TWAP and VWAP, and their entry into the market. They won't let the decline return," he stated.
Will the be a major XRP Price dump? pic.twitter.com/9n91vA4YNo
— Jake Claver, QFOP (@beyond_broke) September 2, 2025
The executive reinforced that XRP has already passed significant support tests, unlike other digital assets that have lost value more sharply. He noted that the token continues to behave in line with Bitcoin in strategic chart regions. "It's back to the support line on the Bitcoin and XRP charts. I think it's up from here, especially if Bitcoin continues to rise," he commented.
Clover also linked his view to macro and structural factors, such as the reverse carry trade and the prospect of XRP being used in stock market selloffs, in addition to ETF flows. In his view, these forces make short-term prices less relevant for those aiming for longer horizons. "You won't care if you bought at $2,30, $2,40, or $2 when it's at $100, $200, or $500," he emphasized.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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