Micah Paul (@MicahPW20), an XRP and crypto enthusiast on X, recently commented on the token’s sharp rise after weeks of stagnation. “The people complaining about a 3% pump don’t understand how big a movement that is if you hold a lot of XRP,” he noted, pointing to the significance of the price increase at current levels.
His remarks came as XRP briefly rallied to $2.93 before settling near $2.89, a move that followed a prolonged consolidation phase stretching back to the final days of August. Through late August and into early September, XRP remained locked between $2.70 and $2.80, showing little directional momentum.
This period of stability gave way to sudden strength, with the latest breakout marking the first major test of the $2.9 area in weeks. The attached chart highlights this shift, showing how quickly XRP gained ground once upward momentum returned.
The people complaining about a 3% pump don’t understand how big of a movement that is if you hold a lot of XRP and especially at these prices. I use to make fun of it at 50 cents but I don’t now. #XRP $XRP pic.twitter.com/xNmv20oLQC
— Micah Paul XRP ™️ (@MicahPW20) September 7, 2025
Micah Paul’s Perspective
Paul’s post reflects a change in sentiment among XRP holders. He admitted to once dismissing smaller percentage gains when the token traded near $0.5, but at today’s higher price levels, such movements carry far greater weight.
His comments highlight how the scale of holdings and price context can magnify the impact of even modest increases. For many investors, the rally reinforced confidence that consolidation may have given way to renewed momentum.
Other community members shared similar views, with one commenter stating that anyone who isn’t happy with 5-cent to 10-cent moves needs to continue accumulating tokens. This marks one of the first clear breakouts for XRP since August, suggesting that buyers have started to reassert control, and accumulation could help the asset sustain its momentum.
A Shift in Market Dynamics
The chart data illustrates a clear trajectory. Starting near $2.79, XRP gradually climbed throughout the day before accelerating in the later hours. This culminated in a sharp spike toward $2.93, the highest level recorded in this latest move.
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Although the price retraced slightly, it remained well above its earlier trading range, signaling that the surge was not merely a brief anomaly but part of a stronger upward push. The shift in market structure is significant, as consolidation phases often precede directional moves, and XRP’s breakout suggests a potential change in short-term sentiment.
The timing of this move also highlights increased market activity during a weekend session, a period that usually sees reduced trading volumes compared to weekdays. The latest move has broken weeks of quiet trading, and as Paul suggested, even modest percentage gains at current levels carry meaningful weight.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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