XRP Investors Face Mounting Losses Amid Bearish Forecasts
Recent market data paints a grim picture for XRP holders, as the digital asset continues its downward trajectory from its 2025 bull run highs. On-chain analytics reveal substantial average losses, with experts warning of further price declines in the near future, indicating a challenging period for the cryptocurrency.
On-Chain Data Reveals Deep Red for XRP Investors
Analysis from on-chain platforms like Santiment and Glassnode highlights the significant financial strain on XRP investors. Santiment reported that active wallets on the XRP Ledger (XRPL) have experienced an average loss of 41% over the past year, marking the lowest Mean Value to Realized Value (MVRV) since the FTX crash in November 2022. This metric suggests that while current traders are in a difficult position, the perceived risk for new or accumulating investors might be lower due to the market's current "blood in the streets" sentiment. Echoing this outlook, Glassnode's data indicates that only 43.4% of XRP's supply is currently in profit at a price of $1.33, a level not seen since July 2024. This trend underscores a "top-heavy and structurally fragile market" where late buyers are prevalent and facing considerable losses. Previously, Glassnode observed that a large portion of XRP's supply was already underwater even when the price hovered around $2.15, signaling underlying weakness.
Analyst Warns of Accelerated Downtrend Towards New Lows
Adding to the bearish outlook, crypto analyst CasiTrades predicts that XRP is preparing for another significant leg down. She identifies the recent price bounce, influenced by the U.S.-Iran ceasefire agreement, as a temporary "wave-2 relief rally" that perfectly hit the .618 retracement level. However, CasiTrades emphasizes that the fundamental market structure remains unchanged and anticipates a "wave-3 move down" towards $1.09, a decline she warns could accelerate rapidly. The analyst's prior forecasts cautioned of a drop to the macro .786 support at $1.08, followed by a brief recovery, before a further plunge to the macro .854 support at $0.87. This projected movement outlines the potential fifth wave of the ongoing bearish trend. As of the latest update, XRP's price hovers around $1.33, experiencing a more than 3% drop in the last 24 hours, reinforcing the immediate downward pressure on the asset.
