XRP Refuses to Break Down: Here’s How Holders Are Preparing For Price Recovery

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XRP has stubbornly refused to crumble under pressure, despite weeks of struggling to regain ground. It clings to a key support level like a shipwrecked sailor gripping a piece of driftwood. Even after multiple tests of lower price zones, this determined altcoin remains afloat, suggesting that some hidden hands are quietly hoarding, preparing for a comeback.

At first, the mood among investors was as cautious as a cat approaching a dog. But now, from the spot markets to derivatives, traders are beginning to prepare themselves for a potential bounce-back. Will XRP rise from the ashes like a phoenix or just stay a bit too close to the ground? The clock is ticking.

XRP Is Not Too Deep Underwater

Net Unrealized Profit and Loss (NUPL) reveals that XRP is in a capitulation phase-though not the kind that requires full CPR. It’s currently teetering around the zero line, indicating that losses among holders are starting to shrink. In simple terms: we’re almost back to neutral territory, not quite ready to break out the party hats, but we’re no longer drowning in despair.

Historically, XRP has been in the “capitulation zone” for what feels like an eternity-sometimes a month. And just when you think it’s game over, that’s when it usually turns around. We’re closing in on the one-month mark, so prepare your popcorn-this show could be about to get interesting.

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How Are XRP Traders and Holders Reacting?

Mean Coin Age (MCA) provides further evidence of XRP holders biding their time. It looks like the long-term holders are accumulating rather than panicking and selling. MCA’s upward trend shows that coins are staying put in wallets, not being exchanged for a quick buck.

Aside from a small dip, XRP long-term holders have been steadfast in their determination. The continued hoarding decreases the circulating supply, creating the perfect conditions for a price recovery. Patience really is a virtue for these crypto veterans.

Derivatives market data tells the same story. XRP’s funding rates, once deeply negative, have recently shifted into positive territory. Traders seem to have regained confidence, and long positions are now ruling the roost. This shift could signal a coming surge, as leveraged positioning builds upward pressure.

XRP Price Holds Above Support Floor

At the time of writing, XRP is lounging around $1.43, comfortably resting near the 38.2% Fibonacci retracement level. The 23.6% retracement, often seen as a bear market support floor, remains intact, reinforcing the idea that the altcoin isn’t just blindly crashing into oblivion.

Staying above the bear market support floor suggests that bearish pressure is still limited-at least for now. If sentiment continues to improve, XRP could aim for the $1.53 resistance level. If it succeeds in breaking through, it might push to $1.62. A successful flip of the 61.8% Fibonacci level into support would be the signal for a full recovery. Fingers crossed!

But don’t get too excited. If the broader market conditions remain weak, XRP could stall. Failure to clear the $1.53 resistance may drag the price back into consolidation mode. In that case, this crypto rollercoaster may remain stuck in the same loop until market momentum improves. Patience, again, is key-unless you’re a day trader, in which case, good luck!

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2026-02-26 18:10