Expert Says You Need to Buy 6,250 XRP Before July. Here’s why

XRP is trading below the 200-week simple moving average again. For Levi Rietveld, creator of Crypto Crusaders, that is not a warning sign. It is an opportunity. Rietveld recently explained why he believes now is the time for XRP holders to act, and he put a specific number on it.

The Current Setup

Rietveld points to two previous instances where XRP dropped below the 200-week SMA. The first came in December 2020. XRP was trading at or below $0.30. Shortly after breaking above that moving average, it quickly rose to $1.65, representing an 8x gain from the bear cycle low.

The second instance followed the same structure. XRP fell below $0.30 before breaking out. This time, the digital asset reached near $3.66 at its peak. That is more than a 10x gain from the low. Rietveld describes the 200-week SMA as a level that “quite literally prints millionaires.” Now, XRP has broken below that level once more. The current price sits at approximately $1.13.

The 6,250 XRP Target

Rietveld is direct about what he thinks holders should do. He says, “Everyone should be trying to get at least 6,250 XRP before July starts.” His reasoning is rooted in the historical multiples.

If XRP repeats its 10x move from below the 200-week SMA, the price would reach above $11. A position of 6,250 XRP at that level would be worth over $62,000. If the move extends to 14x, the price target reaches $15 per coin.

Rietveld acknowledges that the math favors those who can accumulate more. He notes that “a lot of you guys who are watching this video have a lot more potential than just getting 6,250 XRP.” The 6,250 figure serves as his baseline, not a ceiling.

A Chance to Accumulate Before July

Rietveld connects it to when XRP was relatively at the current moving average. Each prior cycle saw explosive upward movement shortly after the price broke back above the 200-week SMA. XRP’s decline at the start of June brought it to that level, and Rietveld treats the current window as the accumulation phase before the breakout.

He sees July as the relevant reference point for building a position. His view is that once the breakout occurs, the window for lower prices closes quickly.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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