Altcoins News
By James Thorp
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XRP is currently under heavy selling pressure as some of the biggest gainers in its recent rally begin to lock in profits.
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The data shows that investors who accumulated XRP before November 2024—when the token was priced below $0.50—are the main contributors to the current selling activity.
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This selling has led to a sharp rise in realized profits, which is the total value of coins sold above their acquisition price.
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This behavior is similar to the 2017–2018 cycle, where XRP rallied from around $0.005 to over $2.50 in less than a year.
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Current on-chain data suggests that we could be seeing a repeat. While the circumstances are different in 2025—with more institutional interest and broader crypto adoption—the…
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Another red flag lies in the structure of XRP’s realized cap. Over 70% of XRP’s realized market cap has been formed between late 2024 and early 2025.
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When a large portion of a cryptocurrency's realized cap is concentrated in a short period, it often indicates that the market is dominated by newer holders.
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This “top-heavy” structure leaves XRP vulnerable to accelerated sell-offs if market sentiment turns bearish.
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To further support the risk of a near-term correction, Glassnode’s SOPR (Spent Output Profit Ratio) data shows weakening confidence among holders who bought in the past 3 to 6…
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The SOPR for the 3m–6m cohort has declined steadily, signaling a drop in profitability and an increase in selling pressure.
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With XRP currently trading near $2.14, these newer holders are already close to break-even territory, increasing the likelihood they might sell to secure remaining gains or…
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Given the current distribution patterns and historical fractals, XRP could see its price retreat to the $1.35 to $1.60 zone.
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Technically, XRP is also forming a descending triangle pattern on the weekly chart, a bearish structure that often results in downward breakouts during uptrends.
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Despite these warning signs, there is still hope for the bulls. The 50-week exponential moving average (EMA), which is currently serving as a key dynamic support, could help XRP…
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However, that outcome will require a significant reduction in XRP profit-taking activity and a resurgence in new buyer demand.
The Currency Analytics
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