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Mr. Xoom, a prominent XRP analyst, has presented his bullish sell targets, but suggests they might not sit well with some proponents.
According to the analyst, this is because most of these proponents may find their targets too conservative. For context, with investors anticipating an XRP breakout since the asset’s collapse in January 2018, this seven-year wait has triggered an appetite for greater returns.
Mr. Xoom Reveals His XRP Take-Profit Targets
However, Mr. Xoom is looking to take profit on his XRP bag at lower targets. In his latest commentary, he first disclosed that he sold 15% of his XRP holdings when the asset claimed $2.8. Notably, XRP has hit $2.8 four times this bull run. This occurred in December 2024, January 2025, February 2025, and March 2025.
While Mr. Xoom failed to highlight the exact moment, he also confirmed that he re-bought XRP when the asset dropped to $2. An investor questioned the practicality of such a move, considering tax implications. However, Xoom stressed that he does not pay taxes, being a Dubai resident.
Now, the market analyst plans to sell another 15% of his holdings once XRP claims the $4.5 to $5 region. This level would mark a 102% to 124% increase from XRP’s current price of $2.23. Interestingly, trader Crypto Beast also plans to take profit of around $5, when his XRP investment grows to $10 million.
Meanwhile, after selling 15% of his XRP investment at $4.5 to $5, Mr. Xoom revealed he would hold onto the rest of the bag until XRP claims the $7 to $8 price area, representing a 214% to 259% rise from current levels. The analyst had confirmed this in a February disclosure in which he lined up his TP targets on different assets.
However, despite planning to take profit at $8, Mr. Xoom believes XRP could reach greater heights. According to him, his XRP upside target is actually $8 to $13. Nonetheless, he is taking profit at lower regions as it is ill-advised to try to time the top, a move that could lead to one being caught up in a sudden retracement.
XRP’s Direction from Here
Notably, the recent disclosure came on the back of an analysis from the market watcher, in which he suggested that XRP could move in two ways from its level at the time. During his analysis, XRP traded for $2.17, changing hands at a delicate position just above $2.
Mr. Xoom suggested that from that level, the asset could first drop further toward the $1.9 to $2 zone to grab further liquidity due to the buy orders in this area. After grabbing liquidity, XRP would then proceed with a recovery push.
There are 2 ways XRP can move from here
1- Go back down to grab liquidity from $1.90-$2 zone, consolidate, start blasting up for its final move up.
2- consolidate in the current zone & then start to make its final move up.
I lean more towards the second scenario.
Before the… pic.twitter.com/aw6Gb2429t
— xoom (@Mr_Xoom) June 7, 2025
However, according to Xoom, if the asset does not take this route, it could consolidate at the level above $2 for some time before embarking on an upward push. Mr. Xoom leaned toward this scenario, and it appears it is now playing out.
Currently trading for $2.44, XRP is up 4.3% in the past week, making it the second-largest gainer among the top 10 in this timeframe, only behind Tron (TRX), which is up 4.9% in the same period.