• XRP’s price motion – price is up almost 2% as crypto appears to bounce.
• Glassnode analysts, nonetheless, level to retail momentum having stalled after the February spike.
• Panic promoting from new holders might speed up a dump if the price stays beneath $2.00

XRP continues to expertise important price volatility, with price up up to now 24 hours after an enormous dip on Monday. Ripple’s new acquisition announcement helped the sentiment.

However in line with analysts at Glassnode, on-chain information suggests the Ripple token might face new draw back motion as latest retail-driven momentum fades. XRP trades at round $1.90, but when retail panics and exits amid contemporary sell-off stress, Glassnode highlights a possible hunch.

XRP’s price motion

In accordance with Glassnode, XRP skilled a dramatic surge in February 2025.

It is because its realized cap shot up, greater than doubling because it elevated from round $30 billion to $64 billion.

Nevertheless, this $30 billion influx, largely pushed by new traders and serving to XRP’s price enhance, has cooled off.

This aligns with the dip from highs above $3.30 in late January and February to below $2.

Whereas the broader market circumstances, macroeconomic traits, and different headwinds have contributed to this, it’s a pattern that has come amid a slowdown from retail patrons.

Glassnode notes that the proportion of XRP’s Realized Cap below traders who purchased the token lower than six months in the past stands at 62.8%.

That’s up from 23% when a collection of constructive information helped the XRP price to close its all-time excessive reached in 2018.

“<6M outdated provide now makes up 62.8% of $XRP Realized Cap, up from simply 23%. This fast focus in new holders displays robust retail involvement – but additionally raises threat of fragility, as many maintain elevated price bases,” Glassnode posted on X.

The situation is that this group of holders is more likely to hit the promote button, even at a loss, ought to XRP witness a massacre.

Extra bearish predictions for XRP come from the revenue/loss ratio.

PnL has declined steadily since early January 2025, suggesting that retail conviction is on the rocks.

“Fewer earnings, extra losses – often an indication of waning conviction. With wealth concentrated in new arms, circumstances seem more and more top-heavy and weak.”

Is XRP set for a retest of $1?

The XRP token is at present altering arms round $1.90 however revisited lows of $1.67 amid “Black Monday” dump.

Bulls try to interrupt above $2.00, which could possibly be essential for brand new momentum, given the buy-the-dip calls throughout the markets.

Nevertheless, with XRP down 13% up to now month, it’s sporting a major pullback that might speed up with unfavorable tariff information.

If the correction extends, giving up $1.60 will possible set retail alarm bells ringing. Revenue-taking offers amid such a bearish outlook might see sellers goal the psychological mark at $1.00.

The put up XRP price dangers drop to $1 as retail momentum fades appeared first on CoinJournal.