XRP was hovering near $1.30 as selling pressure stayed elevated. At press time, the token changed hands at $1.32, down 4.7% over the past 24 hours. Losses have spread across every major timeframe: 7% over the last week, 30% over the past month, and nearly 48% over the past year. From its July 2025 peak of $3.65, XRP has now pulled back about 62%.
Trading activity has expanded during the decline. Spot volume reached $2.35 billion in 24 hours, up almost 72% from the previous day, a sign that market participation increased during the sell-off. CoinGlass data showed futures volume rising 39% to $4.02 billion, while open interest climbed 2.9% to $2.41 billion. With both metrics moving higher, traders appear to be adding or adjusting positions while XRP sits on an important price level.
On-chain realized losses jump to the highest level since 2022
Blockchain analytics firm Santiment said on Feb. 22 that XRP recorded its largest spike in on-chain realized losses since 2022. The previous weekly realized-loss peak, roughly -$1.93 billion, took place 39 months ago. After that episode, XRP went on to gain more than 100% over the following several months.
Realized losses rise when holders sell tokens below their cost basis. That pattern often appears during panic-driven exits. The metric points to fear, not a confirmed bottom. In earlier cycles, sharp realized-loss spikes have shown up near exhausted selloffs, when much of the emotional selling has already been cleared out and fewer sellers remain to keep pushing price lower. That can improve the odds of a relief bounce, but it does not guarantee a quick reversal.
$1.30 to $1.35 becomes the level traders are watching
The daily chart still shows a sequence of lower highs and lower lows since the January rebound, leaving the short-term structure weak. XRP remains below its 20-day moving average and has been tracking along the lower Bollinger Band, both of which point to persistent downside pressure. The main area in focus is $1.30 to $1.35. Price briefly slipped under $1.30 and then recovered, suggesting reactive buying has appeared around that zone.
The relative strength index fell close to 30 and has since recovered into the mid-30s. There is still no confirmed bullish divergence, though the move is consistent with a modest oversold bounce. A stronger recovery signal would require RSI to push above 50. On the upside, the first hurdle sits near the mid-Bollinger Band at $1.42, while immediate resistance is seen around $1.55. If XRP closes a daily candle below $1.30, the next downside levels cited in the setup are $1.20 and then the psychological $1.00 mark.