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XRP Drops Drastically Every Time This Major Media Goes Bullish

Crypto analyst Egrag Crypto recently voiced skepticism toward Cointelegraph’s coverage of XRP, suggesting that the media outlet’s bullish reports often coincide with sharp declines in the token’s price.

His remarks came shortly after Cointelegraph published a post describing XRP as “flashing strong bullish signals,” citing a $1 billion accumulation by Evernorth and record exchange outflows as reasons for possible upward momentum toward $3 in November.

Egrag stated that he had hesitated to make his concerns public but decided to do so after noticing what he believes to be a recurring pattern between Cointelegraph’s optimistic headlines and XRP’s subsequent price movements.

He implied that if XRP were to experience another drop following the recent coverage, it could indicate that Cointelegraph might be operating with insider knowledge.

Although he did not present evidence to support this claim, he encouraged other users to compile data comparing the outlet’s XRP posts to the asset’s short-term market reactions.

Community Reactions and Ongoing Speculation

Following Egrag’s post, several users on X discussed the recurring pattern of XRP’s price behavior following major media attention.

One user, identified as Captain Trademan, offered a perspective rooted in traditional market psychology, noting that assets often rise on rumors but experience sell-offs once news becomes public. He further commented that XRP holders should remember their original investment goals, suggesting that temporary price drops should not concern long-term investors.

Egrag, known for his consistent XRP chart analyses, indicated that he would acknowledge and reward any user who successfully maps Cointelegraph’s XRP-related posts against the token’s market data.

He mentioned a reward of 100 XRP for whoever completes the task in a “nice and neat job.” His comments underscored growing frustration within parts of the XRP community regarding how media narratives might influence short-term volatility.

Evaluating the Cointelegraph Post

The Cointelegraph post that prompted Egrag’s reaction emphasized strong on-chain indicators for XRP, particularly Evernorth’s large-scale accumulation and a surge in exchange outflows.

These metrics typically signal bullish sentiment, suggesting that investors are moving tokens from exchanges for long-term holding. However, some traders remain cautious, arguing that such headlines can precede profit-taking or be used to attract attention during pivotal price movements.

As XRP continues to navigate between technical optimism and market skepticism, Egrag’s post reflects a broader debate over the role of media influence in cryptocurrency trading.

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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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over seven years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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