Influencers Flock to XRP, Disclosing Buying More with $1 Target

More notable figures in the crypto trading sphere are increasingly disclosing their entry into the XRP market amid the burgeoning altcoin market.

XRP is about the only prominent digital asset that has yet to take off significantly following the Bitcoin-led crypto market rally.

Over the last 24 hours, XRP has recorded a high of $0.641 following a 5% gain. Meanwhile, XRP has registered a more notable 19.5% growth in seven days.

While rivals like Cardano (ADA) and Solana (SOL) have witnessed more significant double-digit percentage gains, analysts believe XRP’s turn for a shocking market rally is about the corner.

Consequently, several of them have taken to social media to disclose adding more XRP assets to their crypto portfolio.

Buying More XRP

In a recent post on X, the handler behind the “BSC Gems Alert” account proclaimed the intention to acquire more XRP tokens to their existing portfolio. “I’m adding MORE XRP to my bag,” the statement read.

I’m adding MORE $XRP to my bag.

— 🚨BSC Gems Alert🚨 (@BSCGemsAlert) March 2, 2024

Reacting to the update, some individuals affirm that XRP is a coin worthy of being in one’s portfolio.

Top Analyst Buys More XRP, Targets $1

In a separate conversation, analyst Kaz declared that the time has finally come for XRP, noting he has invested in the asset. This declaration follows Kaz’s prior anticipation of a breakout and retest trigger before engaging in the XRP market.

In his recent update, he presented a graph indicating XRP’s departure from its bearish pattern, signaling increased optimism for an upward trajectory.

Kaz XRP chart

Significantly, the analyst has set his sights on the $1 target. He contends that once the fear of missing out on XRP gains momentum, the surge toward $1 will accelerate rapidly in the coming days.

While Kaz has disclosed his intention to take profit at $1, he has also outlined a stop-loss target in case the bullish projection fails. The accompanying chart in his tweet indicates a stop-loss point at around $0.5.

Other Recent XRP Investment Disclosures

Notably, prominent figures in the investing community, like Tony Edward, have revealed their new XRP investment with short-term profit-taking targets at $1.35.

Earlier, The Crypto Basic called attention to a Bitcoin trader who disclosed how his dad liquidated his home property to invest in XRP.

Similarly, another Bitcoin trader recently revealed investing $500k in XRP, declaring the asset the next shining bull.

Essentially, these trends of XRP investment disclosures affirmed the growing optimism that XRP is poised to break beyond the $1 target in the coming days.

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