XRP falls to around 2 dollars, with losses skyrocketing and anxiety taking over holders. New levels of support persist through stress on the chain.
XRP has fallen to below the threshold of 2.15, triggering new panic in its community. Recent statistics indicate that more than half of the holders are down, and the mood is turning into uneasiness rather than denial.
On-chain indicators point to increasing pressure as the cryptocurrency is experiencing its largest weekly drop in months.
Analysts on X suggest that now the critical supports are at 1.91 and 1.73. When XRP falls below these lines, the bears would increase their grip, pushing the prices to lower.
NUPL indices are a slide of optimism to anxiety. Commentary on X echoes Ali with anxiety creeping in as $XRP approaches a fall below 2.
This stage becomes obvious when more holders realise profitability is going negative and strain increases on holders who joined at higher prices. A new threat is capitulation, in which panic might result in high-volume sales.
With the price under $2.15, almost 1.9 billion tokens at $1.91 and 1.8 billion at $1.73 may face forced sale. Any violation in this case compromises further.
Source – X
Those support areas indicate where latecomer holders last purchased, which may provide buffers in case of further price declines.
You might also like: XRP News: XRP Freezes at $2.19! Amplify’s Covered-Call ETF Promises Big Yields
“Storm or Rebound?”: XRP’s Technicals Spark Debate
The technical outlook of XRP is divided into fear and hope. X accounts, such as @cryptoWZRD_, comment that the token has closed bullish in daily trading, yet it is necessary to hold above or below 2.28 before trying to reverse in any way.
Source – X
Once XRP breaks this, it may rush towards $2.41. But any weakness less than $2 becomes the outlook lateral or bearish.
Recent chart work shows the recurrence of the wave patterns, where previous setups tend to break out in the case of strong support.
History indicates that resistance after such a structure is very difficult to break and may shock prices to $3. As stated on X, should it unfold, it might be your escape route. However, such tendencies depend on the $2.15 defence; further disintegration endangers such a story.
In the meantime, the mood of investors has changed. The Net Unrealised Profit/Loss readings indicate anxiety following a rapid transition between euphoria and anxiety.
The fear is an indicator that the market might soon be under even more pressure, since falling profits drain confidence and hasten sales.
XRP is at this critical crossroads. The question of support or yield will determine the next few weeks. The tension is building up, and traders are sitting in front of price screens awaiting the next coup.