XRP fell below the $1 mark this week, touching as low as $0.99, as a broader crypto market selloff dragged prices lower across the board. The move triggered a familiar wave of bearish commentary online, with some traders declaring the token, and crypto broadly, on the way out. But not everyone in the market is reading the dip the same way.
A Familiar Pattern of Panic
Coach JB said that Bitcoin alone has been declared “dead” more than 470 times since its creation, a figure that has circulated widely among crypto bulls as a rebuttal to recurring bearish calls. He argues that investors who bought into that narrative and stayed out of the market each time would have missed out on substantial long-term gains, though this framing reflects hindsight bias and isn’t a guarantee of future performance.
How XRP and Bitcoin Have Performed Since 2020
According to figures shared by Coach JB, since January 2020:
These figures reflect historical price performance over a specific window and don’t account for volatility experienced along the way, including XRP’s multi-year legal battle with the SEC or Bitcoin’s own sharp drawdowns during that period. Past performance is not indicative of future results.
A Dollar-Cost Averaging Strategy Through the Dip
Rather than treating the drop below $1 as a signal to exit, Coach JB says his own approach has been to dollar-cost average, buying more aggressively as prices fall and taking profits as prices recover. He disclosed that his largest holdings are currently XRP, followed by Bitcoin and Solana, and that he began accumulating XRP years before it became a mainstream trade, and Bitcoin starting around 2023.
He also offered a near-term price outlook, suggesting XRP could continue trading between roughly $0.60 and $0.90 before a potential recovery later in the year, and that Bitcoin could see further downside into the $40,000-$50,000 range. It’s worth stressing that this is one individual’s speculative outlook, not a verified forecast, and crypto markets remain highly unpredictable. Nobody, including seasoned traders, can reliably predict short-term price movements.
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