XRP Could Potentially Decline Up to 35%, Revisiting $1.35–$1.60 Range Based on On-Chain Metrics
The post XRP Could Potentially Decline Up to 35%, Revisiting $1.35–$1.60 Range Based on On-Chain Metrics appeared on BitcoinEthereumNews.com.
XRP faces a potential 35% price correction, with on-chain data and technical indicators pointing to a revisit of the $1.35–$1.60 range. Recent profit-taking by early investors mirrors patterns seen before the 2017 XRP market peak, raising concerns about market vulnerability. According to COINOTAG, over 70% of XRP’s realized market cap has been established since late 2024, indicating a top-heavy market structure prone to sharp sell-offs. XRP’s realized profits and SOPR metrics signal a possible 35% decline, reflecting a market structure similar to its 2017 peak and increasing downside risk. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); XRP’s Profit-Taking Signals Potential Market Correction XRP investors who acquired tokens before the November 2024 rally are currently realizing profits at an unprecedented rate of approximately $68.8 million daily, according to Glassnode data. This surge in profit-taking is reminiscent of the behavior observed during XRP’s 2017 bull cycle, where early holders capitalized on rapid price appreciation. The current realized profits exceed 300%, highlighting a significant wave of distribution as prices have tripled over a short period. Such concentrated profit realization often precedes market corrections, suggesting that XRP could be entering a phase of increased volatility and potential price retracement. Market Structure Indicates Increased Vulnerability More than 70% of XRP’s realized market capitalization has formed since late 2024, revealing a market heavily weighted toward newer investors. This top-heavy distribution creates a fragile market…
Filed under: News - @ June 21, 2025 12:28 pm