Rietveld: XRP's $1 Price May Be Peak Opportunity

Analyst Levi Rietveld is calling XRP's recent price drop to $1 a 'peak opportunity' rather than the end of crypto. He points out that past cycles have rewarded those who buy when sentiment is exhausted, not euphoric.

Rietveld sold into October's highs across XRP, Bitcoin, and other major coins, citing Bitcoin's four-year cycle and historical bull, bear timing as a framework for understanding the current drawdown. He highlights that XRP's sharp correction from $1.07 to $1 before rebounding is consistent with past pullbacks that preceded short-term bounces.

Rietveld suggests a possible bottom 'just below one dollar per XRP,' but acknowledges it could go lower, increasing long-term opportunity for those dollar-cost averaging. He emphasizes the importance of market structure and historical cycle signals in guiding entries and exits, warning that most participants are buying during highs and selling during lows.

The analyst also touches on the Clarity Act, which he believes could be a meaningful catalyst if it leads to clearer rules on XRP's supply and status. This, according to Grayscale's Head Of Research, could support repricing and unlock additional value.