XRP Price Prediction: 50% Of XRP Supply Is Underwater As Price Tests Support At $1.30
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XRP trading $1.3123 (−0.35%), pressing technical support: S3 $1.3015 and SAR $1.3046; one bad candle could target $1.27 as price remains inside a descending channel since Mar 17 high near $1.60. On-chain risk: over 50% of XRP supply is in unrealized loss, a metric last seen at the 2022 cycle bottom and indicative of late-stage capitulation risk for holders and price. Adoption update: Ripple’s RLUSD is live with Chipper Cash, VALR, Yellow Card and Absa Bank, marking a regional token launch and infrastructure/ CEX/payment adoption push in Africa (crypto, DeFi relevance).
Predictions Markets
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- XRP trades at $1.3123, down 0.35%, pressing into S3 support at $1.3015 with SAR at $1.3046 just below.
- Over 50% of XRP supply is in unrealized loss, a level historically associated with late-stage capitulation.
- Ripple’s RLUSD is live with Chipper Cash, VALR, Yellow Card and Absa Bank as Africa’s crypto frameworks mature.
Glassnode confirmed that over 50% of XRP supply is in unrealized loss, a reading last seen at the bottom of the 2022 cycle. XRP trades at $1.3123, one bad candle away from losing the last technical support before $1.27.
XRP Tests $1.30 As Channel Pressure Builds
The 4h chart shows XRP inside a descending channel that has been intact since the March 17 high near $1.60. The channel’s lower boundary is the ascending blue trendline from the February low, and price is currently sitting just above it near $…
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