XRP has fallen roughly 24% over the past week as selling pressure intensified, with the price trading near $1.44 after breaking the $1.47 support and eyeing the $1.37 level. A reclaim of $1.58 could signal renewed strength and push the price toward $1.70. If support at $1.37 fails, XRP may slide toward $1.28 in the coming days.
On-chain metrics show sustained panic selling, with XRP’s Net Unrealized Profit and Loss approaching the capitulation zone and unrealized losses outweighing gains in the circulating supply. Historically, such conditions reduce selling incentives. Additionally, on-chain transfers have shown large losses relative to profits, highlighting deteriorating investor confidence.
Exchange balance data indicate rising sell-side pressure, as more XRP flows onto exchanges. Over the last four days, more than 97 million XRP, valued at $140 million, flowed into exchange wallets. Rising exchange balances typically indicate intent to sell rather than long-term holding. Continued inflows reduce recovery odds, as supply expansion often overwhelms short-term demand during periods of heightened uncertainty.
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