Support for the XRP price test as losses reached a 39-month high

The price of XRP is hovering around $1.30 after the losses seen on-chain rose to the highest level in 39 months.
Summary
- XRP has fallen to all-time highs and has retraced sharply from its 2025 high.
- On-chain data shows the biggest losses since 2022.
- The $1.30 level is now an important support to watch.
XRP was trading at $1.32 at press time, down 4.7% in the last 24 hours. The token is in the red in all major periods, down 7% in the last week, 30% in the last month, and almost 48% in the last year.
XRP (XRP) has now recovered nearly 62% from its July 2025 all-time high of $3.65, closely mirroring the broader crypto market which has struggled to pick up pace.
Spot activity has grown despite the price drop. XRP recorded $2.35 billion in 24-hour trading volume, up nearly 72% from the previous day, pointing to increased market participation during the sale.
Derivatives data from CoinGlass shows futures volume increased by 39% to $4.02 billion, while open interest increased by 2.9% to $2.41 billion. An increase in both metrics suggests that traders are adding positions as price tests a critical level.
On-chain losses increase as fear grows
On February 22, blockchain analytics company Santiment reported that XRP recorded its biggest loss since 2022.
The highest average weekly loss, about $1.93 billion, occurred in the last 39 months. After that event, XRP continued to rally over 100% over the next few months.
Realized losses increase when investors sell tokens below their purchase price. This often happens during panic-driven sales. It could indicate that weak owners are leaving the market, although it also indicates fear.
In the past, there has been a significant increase in losses realized near market bottoms. Under such circumstances, there are few sellers left to lower prices after a large emotional sell-off has occurred. That can increase the chances of a relief move, but it doesn’t guarantee immediate recovery.
Technical analysis of XRP price
The daily chart shows a clear sequence of highs and lows since the bounce in January. XRP is trading below its 20-day moving average and has been riding the lower Bollinger Band, indicating continued bearish pressure.
The $1.30–$1.35 area is a key level to watch. The price dipped below $1.30 and recovered, indicating some active buying.
The relative strength index dropped to near 30 and is now in the mid-30s. No bullish breakout is confirmed, but this points to a minor oversold bounce. Reversal potential will increase if the RSI rises above 50.
Immediate resistance remains within the $1.55 range. The Mid-Bollinger Band near $1.42 acts as the first barrier. Until XRP recovers that level, sellers retain temporary control. On the other hand, a daily close below $1.30 can reveal $1.20, followed by the $1.00 psychological level.



