Analyst Warns XRP Holders: Sell If This Happens

Crypto analyst Egrag Crypto warned XRP investors about a possible event that could trigger a big sell-off. He said that if Congress passes a bill banning lawmakers from trading stocks, XRP holders should consider selling all their coins.

This warning came after Congresswoman Anna Luna introduced the bill, which is also supported by U.S. President Donald Trump. Egrag believes that if such rules are applied to stocks, similar restrictions might eventually be extended to crypto. That, in his view, could hurt the market badly.

So far, there’s no official law banning crypto trading by politicians, but some Democratic lawmakers are already pushing for it. If such a rule comes, it might even limit Trump’s ability to support the crypto industry.

XRP Price Outlook
Egrag also shared his view on XRP’s price. He said the coin is currently at a critical point, moving inside a symmetrical triangle pattern. This means it has a 50/50 chance to break either up or down.

• If XRP breaks above $3.077–$3.13, he expects a strong rally.
• A retest could happen around $3.03 before moving higher.
• A close above $3.30 might push XRP to a new all-time high (ATH).

Egrag also mentioned he plans to start selling his holdings once XRP reaches that new ATH, suggesting the rally may be near its peak.

Currently, XRP is trading around $2.98, according to CoinMarketCap.