XRP Pullback Serves as Discount on One of the Best Digital Assets Globally: Analyst

Popular crypto YouTuber Mason Versluis has addressed XRP’s recent slump, framing the pullback as a long-term buying opportunity rather than a reason for panic. 

He made this assertion recently, while pointing to the psychological strain of extended XRP downturns. Nonetheless, he argued that short-term weakness often presents opportunities for patient investors to accumulate. 

Key Points 

• Crypto YouTuber Mason Versluis describes XRP’s recent price slump as a long-term buying opportunity rather than a reason for panic. 
• Despite the frustration with XRP’s failure to reach ambitious price targets, Versluis urged XRP holders to remain steadfast. 
• His stance aligns with broader XRP community sentiment and Ripple CEO Brad Garlinghouse’s long-term outlook. 
• XRP has already rallied over 20% from its recent lows, reinforcing Versluis’ argument. 

Versluis’ Candid Assessment 

Following XRP’s recent sharp drop, Versluis offered a candid assessment of the token’s recent price action. In his commentary, he acknowledged the emotional toll of long-term holding, especially after over seven years of waiting for a decisive price breakout to around $5. However, he emphasized that he remains confident in XRP’s long-term value. 

His comments followed a sharp downturn across the broader cryptocurrency market on February 5, during which XRP plunged to a low of $1.13. While the drop unsettled many investors, Versluis viewed it through a different lens, describing the dip as a “discount on one of the best digital assets in the world.” 

Recent Dip Offers Discount on XRP

Versluis attributed his confidence to his early entry, having accumulated XRP between $0.17 and $0.50. As a result, he remains in profit, which helps him weather downturns and reinforces his view that the recent dip presents a long-term buying opportunity.

His stance aligns with other XRP community voices and Ripple CEO Brad Garlinghouse. Amid volatility-driven panic, Garlinghouse echoed Warren Buffett’s advice to be greedy when others are fearful and cautious when others are greedy, signaling that sell-offs can create attractive entry points. 

Similarly, Nick, founder of The Web3 Alert, observed that many investors tend to chase momentum by buying near market tops at $2-$3.5, yet hesitate when XRP presents attractive entry opportunities around $1.20. As a result, emotional decision-making often prevents them from capitalizing on favorable price zones.

Risk-Takers Already in Gains 

Meanwhile, XRP has already staged a notable rebound from its February 5 low. After briefly slipping below $1.20, the token quickly surged to approximately $1.53 before easing slightly to around $1.46. Consequently, investors who accumulated XRP near $1.20 are now sitting on gains of about 21.66%. 

This swift recovery reinforces Versluis’ argument that the pullback represented a genuine discount, offering a strategic buying opportunity for “one of the best digital assets in the world.” This characterization is likely driven by XRP’s utility in cross-border payments, its potential role as a reserve asset, and its growing relevance in real-world asset tokenization.