XRP: A New Horizon – Digital Ascensions CEO Dismisses Fears of Another 90% Crash
In a bold declaration resonating across the crypto community, Jake Clover, CEO of Digital Ascension Group and a prominent XRP advocate, asserts that a catastrophic 90% price collapse for XRP is a relic of the past. Via a recent video, Clover directly challenged skeptics, emphasizing that those waiting for rock-bottom prices missed their window, as XRP's market dynamics have fundamentally shifted.
The New Era of XRP Stability
Clover's conviction stems from a profound "structural change" in XRP's market microstructure, rather than any single event. He points to the increasing influence of spot exchange-traded products (ETPs), with analyst James Seyffart giving SEC approval odds a staggering 95% in 2025. Coupled with the sophisticated execution algorithms (like TWAP and VWAP) employed by institutional liquidity providers, these factors are creating a persistent demand that fundamentally alters XRP's downside trajectory. This institutional entry, he argues, systematically prevents sharp retracements, ensuring sustained support for the asset. Furthermore, Clover highlights XRP's demonstrated resilience, contrasting its behavior with other cryptocurrencies that have seen dramatic swings. He notes consistent support levels against Bitcoin, suggesting that XRP's upward path is increasingly tied to the broader bullish sentiment in the crypto market, particularly if Bitcoin continues its ascent. The asset, he believes, has already passed a crucial test, proving its stability amidst market pressures.
A Disciplined Approach to Investment
Beyond market analysis, Clover offers practical investment philosophy. He strongly advocates for dollar-cost averaging, dismissing market timing as an ineffective strategy for 99.5% of investors. His advice is clear: consistent, small allocations from surplus cash, rather than attempts to 'catch the bottom,' lead to long-term success. Risk management remains paramount, with explicit warnings against using debt or leverage that could jeopardize essential financial obligations. Ultimately, he suggests that near-term entry prices become largely irrelevant when considering a long-term outlook that could see XRP reach hundreds of dollars.
