Jake Clover, CEO of Digital Ascension Group and a long-time XRP advocate, used a new video published on September 3 to deliver an unambiguous message to traders waiting for one last capitulation: he doesn\u2019t think a 90% collapse is coming back. \u201cI would love it too. I don\u2019t think it\u2019s going to happen,\u201d Clover said, arguing that the market already gave skeptics ample time to buy during prolonged sub-$1 ranges. \u201cWhen it was 50 cents, nobody wanted to buy it\u2026 You had three years to buy it at 50 cents or 30 cents or 40 cents or whatever it was. It ain\u2019t coming back.\u201d<\/p>\n
Clover roots that conviction<\/a> not in a single catalyst but in what he describes as a structural change to XRP\u2019s market microstructure. He repeatedly cites the role of spot exchange-traded products \u2013 Bloomberg\u2019s James Seyffart puts SEC approval in 2025 odds<\/a> at 95% \u2013 and the execution algorithms used by institutional liquidity providers as a persistent source of demand that alters the asset\u2019s downside dynamics. \u201cIt\u2019s going to be sustained here because of the ETFs, because of the TWAP and VWAP<\/a> and them entering the market. They\u2019re not letting it come back down,\u201d he said, referring to time- and volume-weighted execution that systematically slices large orders into the market over extended intervals.<\/p>\n He frames the current tape as a test the asset has already passed. \u201cIf it was going to [crash], there\u2019s a bunch of stuff that rolled up and then it\u2019s back down 90% since it went up. XRP hadn\u2019t done that,\u201d Clover noted, contrasting XRP\u2019s behavior with other, sharper retracements elsewhere in crypto. In his reading, support has repeatedly asserted itself on the cross with Bitcoin as well. \u201cIt\u2019s back on the line here where there\u2019s been support on the Bitcoin and XRP chart. I think it\u2019s up from here, especially if Bitcoin keeps going up,\u201d he said, tying XRP\u2019s path to the broader beta of the cycle.<\/p>\n Clover also connects his outlook to a suite of prospective macro and market-structure tailwinds. He points to what he calls a \u201creverse carry trade,\u201d the prospect of \u201cadoption for the backend settlement of the stock market,\u201d and the influence of ETF flows as scenario drivers that could render near-term entry prices largely irrelevant over a longer horizon. In one of the video\u2019s most pointed passages, he underscores that view with a blunt thought experiment on future price levels: \u201cYou\u2019re not going to care if you bought it at $2.30 or you bought it at $2.40 or you bought it at $2 when it\u2019s a hundred dollars or $200 or $500<\/a>.\u201d<\/p>\n The operational takeaway he offers to investors is procedural rather than tactical. Clover is explicit that market timing is a losing game for nearly everyone and that disciplined accumulation outperforms attempts to catch exact bottoms. \u201cDollar cost averaging is going to be your best bet 99.9% of the time,\u201d he said. \u201cTrying to time the market, you\u2019re not going to do it. It\u2019s like 1% of traders that ever timed the market well. And those that dollar cost average in, you\u2019re going to win. Like you can\u2019t, you can\u2019t lose doing that. You\u2019re going to get highs and lows, but your average is going to be pretty fair.\u201d<\/p>\n Risk management, in his account, is non-negotiable. He warns explicitly against taking on debt or leverage that compromises basic obligations in order to chase upside. \u201cDon\u2019t leverage yourself or over leverage yourself to the point where you can\u2019t make your bills or can\u2019t pay other stuff,\u201d Clover said, adding that small, regular allocations made only from surplus cash are the appropriate way to express conviction while surviving the volatility that remains endemic to the asset class.<\/p>\n If that thesis holds, the implication for strategy\u2014again in Clover\u2019s own words\u2014is to stop waiting for the ghost of an old regime. \u201cI know everybody wants the most they can get on stuff,\u201d he said, \u201cbut dollar cost averaging is going to be your best bet\u2026 When you have some extra liquidity, buy a little bit.\u201d<\/p>\n At press time, XRP traded at $2.87.<\/p>","protected":false},"excerpt":{"rendered":" Jake Clover, CEO of Digital Ascension Group and a long-time XRP advocate, used a new video published on September 3 to deliver an unambiguous message to traders waiting for one last capitulation: he doesn\u2019t think a 90% collapse is coming back. \u201cI would love it too. I don\u2019t think it\u2019s going to happen,\u201d Clover said, […]<\/p>\n","protected":false},"author":0,"featured_media":94244,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-94243","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/94243"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=94243"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/94243\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/94244"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=94243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=94243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=94243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}