XRP Slides Below $2.15 as Holders’ Anxiety Mounts Around $1.91 and $1.73 Supports
XRP has suffered a 12% weekly decline, dropping to around $2.16 amid rising on-chain stress signals. The Net Unrealized Profit/Loss (NUPL) metric shows sentiment shifting from euphoria through denial to anxiety, with nearly 50% of tokens now held at a loss. Technical indicators mark two critical support zones: $1.91 (1.9 billion XRP last moved) and $1.73 (1.8 billion XRP). Breaching these levels could accelerate downside risk, as fewer holders would defend lower prices.
Mixed analyst views highlight potential recovery paths. A close above $2.28 may target $2.41, while bullish divergence on the 3-day chart suggests possible strength if confirmed. Repeating pattern analysis shows that as long as XRP holds above $2.15 and breaks descending resistance, it could challenge the $3 mark. Traders should watch on-chain metrics, support levels, and chart structures for short-term signals and longer-term reversal cues.
Bearish
XRP’s recent 12% weekly drop and shift in NUPL sentiment to anxiety suggest growing downside pressure. Nearly half the supply is underwater, and the token is in oversold territory. Key supports at $1.91 and $1.73 will be critical; a breach could trigger further selling, mirroring past collapses when major support levels failed. Although bullish chart patterns and divergence hint at potential rebounds above $2.28, the immediate trend remains weak. In the short term, traders may face increased volatility and stop-loss triggers below support. Over the longer term, if on-chain metrics improve and resistance is reclaimed, a recovery toward $3 could materialize, but only after sentiment stabilizes.