XRP has been drifting down for months and trading with muted momentum, which CoinDesk reports an analyst views as a “disconnect” between price and fundamentals. The post leans into a familiar bear-market theme, arguing that fundamentals can improve even when the chart looks stuck.
CoinDesk says the analyst, “X Finance Bull,” described XRP as range-bound between $1.1 and $2.4 for four months, with the token still trading around $1.37. The same source says he called the period “boring, painful consolidation” that tests conviction and can shake out weaker hands.
What the analyst cites as “accelerating” fundamentals
According to the CoinDesk text, “X Finance Bull” pointed to several bullish developments that are meant to strengthen XRP’s outlook. Those include the launch of XRP ETFs and “the Ripple Treasury.” It also cites RLUSD surpassing $1.56 billion in market value.
The source further says the analyst referenced “Goldman Sachs’ recent $153 million XRP investment” and ongoing progress on the CLARITY Act. CoinDesk also notes he framed recent price behavior as controlled accumulation rather than outright weakness.
Why price may not respond yet
The same text claims the analyst expects the market and fundamentals to stay out of sync for a while. It lists examples from the analyst’s post where price allegedly failed to drop despite external shocks, including a reported 12% oil crash and delays connected to XRP’s legislation.
CoinDesk ends by saying the analyst urged patience and suggested a breakout could follow once price action finally catches up to the improving narrative. Still, the source also frames XRP’s current downside and consolidation as part of a broader cycle, not as evidence of guaranteed upside.