Top Analyst Frustrated by XRP, But Says it Feels Like Bottom

Famous crypto figure Ben Armstrong has finally lamented his apprehension about XRP’s longstanding unfortunate price performance.

In a recent post on X, Prominent crypto analyst Ben Armstrong, an acclaimed Lord Master & Commander of the XRP Army, voiced his frustration with the asset.

Frustration Over XRP

Armstrong, a long-time supporter of XRP, admitted to questioning the lack of movement in the token’s price. XRP’s enduring lackluster trajectory has caused him to contest the legitimacy of his convictions about the asset’s potential. In his words:

“I don’t get it. Why is it not moving? Maybe I’m wrong about it. Maybe the haters are right. For the first time since the XRP case ended, I am frustrated with XRP right now.”

“I don’t get it. Why is it not moving? Maybe I’m wrong about it. Maybe the haters are right.”

My Thoughts on Ripple 🧵

For the first time since the $XRP case ended, I am frustrated with XRP right now.

This thought literally popped in my head last night.
1/5

— Ben Armstrong (@BenArmstrongsX) January 15, 2024

Armstrong’s expression of doubt comes amid the outstanding trajectories of rival tokens like Solana (SOL) and Avalanche (AVAX). In contrast, XRP continuously failed to establish comparable performance despite triumphing from the supposed hindering legal battle.

Furthermore, he highlighted that the sense of frustration is fast spreading even in the rank of the XRP Army. He consented that watching Solana surging while XRP remains nearly stagnant is undeniably disheartening.

Is XRP Bottom In?

While the view that XRP now exhibits the trajectory of stablecoin spreads, Armstrong assured that XRP’s moment is imminent. Drawing from his extensive market experience, Armstrong pointed out the subtle signs.

According to him, investors’ collective questioning of investments in a particular project is one noteworthy indication that a price surge might be on the horizon.

Banking on this view, he proclaimed the tide was turning and that now was the time for XRP to shine. Armstrong remarked:

“It is our time. The pump is coming. The night is always darkest before dawn. And watching coins pump 30% overnight while XRP can’t seem to move more than 2% feels like the bottom.”

Notably, Armstrong has projected that XRP could reach $7 in this unfolding bull market. He has urged enthusiasts to “pack their bags” and prepare for what is incoming.

Ultimately, his emphasis on the current price of XRP being at the bottom suggests that the point may serve as a precursor to the anticipated astronomical gains.