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Crypto Driver

06/22 16:44

XRP could drop 35%, potentially revisiting the $1.

XRP could drop 35%, potentially revisiting the $1.35–$1.60 range, on-chain and technical metrics suggest.

  • XRP’s most-profitable investors are realizing over $68M in profits daily, mirroring the run-up to the 2017 market top.

  • Over 70% of XRP’s realized cap has formed since late 2024, making the market top-heavy and vulnerable to sharp sell-offs.

  • If selling from newer holders continues, XRP risks a 35% decline toward the $1.35–$1.60 range.

XRP 

XRP
$2.02
 traders who bought before the November 2024 rally, when the Ripple-associated token was trading under $0.50, are now realizing profits at a pace of $68.8 million per day (7-day average), per Glassnode data.


These buyers are among the biggest gainers in XRP’s current cycle, with returns exceeding 300%. Most of the realized profit activity is coming from this group, signaling a wave of distribution now that prices have tripled.

XRP metric mirrors a 90% crash scenario

XRP traders’ behavior appears similar to what preceded XRP’s 2017 cycle top.

Back then, XRP surged to over $2.50 from around $0.005 in under a year, leading to a spike in profit-taking behavior by high-margin holders.1750600058184.png

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