A popular crypto market commentator is urging traders not to dump XRP into the current slide, arguing that the recent sell-off is being driven less by fundamentals and more by war-related fear and “extreme market manipulation.”
In a new video, Myles G links the draw-down across digital assets to headlines out of the Middle East and shifting signals from political leaders, while pointing to what he sees as unusually strong on-chain and regulatory tailwinds for XRP.
War Headlines, Fake News Claims & a “Bullish” Ground Troop Scenario
The analyst attributes the sharp crypto pullback — including roughly a 20% drop in XRP over the past two weeks — to escalating tensions in the Middle East and uncertainty over possible ground operations involving Iran.
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Myles G notes as well that both stocks and crypto have been hit “aggressively,” framing the move as an overreaction to geopolitical risk.
He repeatedly cites former president Donald Trump’s comments as a key driver of sentiment, highlighting Trump’s claim that indirect talks with Iran are “progressing very well” and that a deal could be reached “fairly quickly.”
The analyst accuses Iran of “attacking us financially with their fake news,” pointing to instances where Iranian officials publicly denied talks with Trump shortly after his remarks, only to later confirm contacts — swings he says coincided with sharp market moves.
In a controversial take, Myles G argues that the market is selling off ahead of potential U.S. ground troop deployment, but insists such a move could end up “very bullish” if forces target Karg Island, a major hub for Iran’s oil exports.
Cutting off that revenue would likely gradually halt the conflict rather than prolong it, potentially stabilizing risk markets faster than many investors expect.
XRP Regulation, Seasonality and Institutional Interest
Despite the macro uncertainty, the commentator sees several XRP-specific catalysts.
He says Senator Cynthia Lummis has indicated that a long-awaited “CLARITY ACT” for crypto is essentially finished and could be finalized “next week,” framing it as a shift from a “countdown of months” to “a countdown of days.”
He also cites Ripple CEO Brad Garlinghouse as putting the odds of regulatory clarity at “90% by the end of April.”
The analyst claims that on March 17, the SEC and CFTC described XRP as a commodity, calling this “massively” bullish and a doorway to bank and institutional adoption, including exchange-traded funds.
Then, the “25% of institutions” plan was referenced to include XRP in allocations by 2026 and asserts that Goldman Sachs leads XRP ETF holders with $153 million, while “84% of XRP ETFs are retail,” suggesting large players could still be early in their accumulation.
Seasonality is another pillar of his bullish view.
Further on, Myles says April has historically delivered an average 24% gain for XRP and notes that bitcoin has posted six consecutive red months — a pattern he claims last preceded a 326% BTC rally, with XRP “pumping massively” from those levels.
Myles G also points to a price fractal: bitcoin selling off from December through March, then bottoming and hitting new all-time highs from April through the summer last year.
Key Technical Levels & What Comes Next For XRP
On the charts, he underscores that bitcoin has pulled back for roughly 14 days with only brief relief, retesting the $65,000 area that has “every single time” acted as strong support in recent months.
Myles G expects a “relief bounce” soon, acknowledging the possibility of a bit more downside first.
For XRP, he says the token has “swept the lows” and is currently holding around $1.32, forming what he describes as a higher low structure. A critical support band has produced multiple prior bounces; if it fails, he warns, XRP could revisit $1.26.
Still, he believes the level is likely to hold and suggests political headlines — again pointing to Trump — may “save the markets” with something perceived as bullish.
For investors, the video’s core message is that the current draw-down may be more about short-term fear and headline risk than a structural breakdown.
If the war narrative stabilizes and U.S. regulators lock in clearer rules around XRP’s status, the analyst expects a sharp rebound, with XRP potentially outperforming bitcoin in the next leg higher.
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According to the analyst, the drop is tied to geopolitical tensions in the Middle East, conflicting news around U.S.–Iran talks and broader risk-off sentiment affecting both stocks and crypto.
He highlights $65,000 as critical support for bitcoin and roughly $1.32 for XRP, with a potential downside target near $1.26 if that level fails.
He points to the reported classification of XRP as a commodity by the SEC and CFTC on March 17, and the expected completion of a “CLARITY ACT,” as opening the door for banks and institutions to enter via ETFs and direct holdings.
He does not. The analyst argues that if ground troops move on Karg Island and cut off key oil revenues, the conflict could end “very quickly,” which he views as ultimately bullish for risk assets.
