XRP: Dave Portnoy Eyes $1.75 as Strategic Accumulation Zone Amid Market Weakness

In a notable development for the XRP market, prominent media personality and Barstool Sports founder Dave Portnoy has publicly signaled his readiness to re-enter the XRP market at a specific price point. As of late December 2025, Portnoy has identified the $1.75 level as a highly attractive buying opportunity, stating he would 'jump in with both feet' if the digital asset's price retraces to that zone. This declaration is significant given Portnoy's history of high-profile cryptocurrency trades and his influence within retail trading circles. His interest is reportedly tied to this level's historical significance, as it previously triggered his buying activity in the past, suggesting a pattern of strategic accumulation. The announcement comes against a backdrop of broader market weakness, where traders and investors are closely monitoring key support levels across the cryptocurrency spectrum. Portnoy's specific price target provides a tangible benchmark for market participants watching XRP's price action. His approach reflects a tactical, price-sensitive strategy rather than a blanket bullish sentiment, highlighting an opportunistic mindset aimed at capitalizing on market dips. This perspective adds a layer of mainstream media attention to XRP's trading dynamics, potentially influencing retail sentiment and buying behavior around the specified level. For the XRP community and observers, Portnoy's commentary underscores the ongoing narrative of veteran traders identifying value in specific digital assets during periods of consolidation or decline. It reinforces the concept of defined entry points based on historical precedent and personal strategy. As the market navigates current volatility, such high-profile price targets can serve as focal points for market psychology, potentially creating self-fulfilling zones of increased buying interest or support. This development places XRP in the spotlight for traders following influencer movements, blending social media-driven finance with traditional technical and strategic analysis in the evolving digital asset landscape.

Dave Portnoy Eyes XRP at $1.75 as Buying Opportunity

Media personality Dave Portnoy has signaled renewed interest in XRP as prices approach what he considers an attractive entry point. The Barstool Sports founder—known for his high-profile crypto trades—stated he would "jump in with both feet" if the digital asset falls to $1.75, a level that previously triggered his buying activity.

Portnoy's commentary comes amid broader market weakness, with traders watching key support levels across major cryptocurrencies. His public positioning often moves retail trader sentiment, particularly for assets like XRP that have strong community followings.

XRP Faces Sharp Decline Since Trump's Inauguration as 'Crypto President'

The cryptocurrency market has experienced a sustained sell-off since the inauguration of former President Donald Trump, dubbed the 'Crypto President' by some analysts. XRP, among other digital assets, has seen a notable downturn during this period.

ChiefraT, a prominent trader, highlighted the trend in a recent social media post, pointing to broader weakness across the crypto sector. The decline reflects ongoing market volatility despite earlier Optimism surrounding regulatory clarity under the new administration.

XRP ETFs Surpass $1 Billion in Assets as Institutional Demand Grows

XRP exchange-traded funds have crossed the $1 billion threshold in assets under management, signaling growing institutional interest in the cryptocurrency. Five major issuers—Canary Capital, 21Shares, Grayscale Investments, Bitwise Asset Management, and Franklin Templeton—now hold a combined $1.14 billion in XRP-related products.

The token’s 417% price appreciation since 2022 has drawn traditional investors, despite a recent 22.81% pullback. Spot XRP ETFs recorded $423.27 million in inflows since mid-November, with the token trading at $1.85, up 4.26% from session lows.

VivoPower’s $1 billion partnership with Ripple Labs further underscores institutional confidence. 'Investors are drawn to XRP’s track record,' said Sui Chung of CF Benchmarks, highlighting the cryptocurrency’s established market presence.

Trader Nets 1,366% Profit Shorting XRP Amid Sustained Downtrend

A crypto trader notorious for criticizing XRP has capitalized on the asset's prolonged slump, booking a 1,366% gain on a short position. The trade coincides with XRP's 49% decline from its July peak of $3.66, now struggling below the $2 support level at $1.87.

"Merry Christmas to me," the trader proclaimed, highlighting the profitability of bearish bets against underperforming altcoins. XRP's technical breakdown suggests further downside risk as market sentiment remains fragile.

Ripple CEO Asserts XRP Market Integrity Amid Price Volatility

Brad Garlinghouse, CEO of Ripple, has made definitive statements regarding XRP's market dynamics, emphasizing that the cryptocurrency's price cannot be manipulated. This declaration comes as XRP faces renewed selling pressure, briefly dipping to $1.77—its lowest level this month.

The remarks were highlighted by key figures within the XRP community, underscoring the ongoing debate around market stability and external influences in cryptocurrency valuations. Garlinghouse's comments appear timed to address growing concerns amid the asset's recent underperformance.

Ripple Deepens Institutional Push with TJM Partnership

Ripple is advancing its institutional strategy by taking a minority stake in TJM Investments, a regulated broker-dealer. The MOVE signals a pivot toward infrastructure that aligns with traditional finance rather than retail-facing crypto products. By integrating with TJM’s existing trading and clearing systems, Ripple aims to provide institutional investors with compliant, execution-sensitive access to digital assets.

The partnership reflects a broader trend: hedge funds and asset managers increasingly prioritize operational reliability over speculative exposure. TJM plans to offer its professional clients structured crypto access within familiar workflows—a nod to the post-volatility demand for risk-managed entry points.