XRP Stuck Below $1.50: What Is Going On?

Despite a 30% drop over the past month, technical and on-chain data suggest XRP (CRYPTO: XRP) may be nearing a potential rebound zone.

Trader Notes: XRP has followed what trader Charting Guy described as a textbook Fibonacci structure.

Price rejected at the golden pocket, found support at the 0.236 level, rallied into the 1.236–1.272 extension zone and is now completing a healthy retest of the golden pocket.

A full retracement of the prior rally appears unlikely, with price more likely to stabilize near current levels than unwind the entire move.

Statistics: Crypto trader Rand noted that the U.S. spot XRP ETF has recorded only five days of net outflows since launching more than three months ago.

As of Feb. 20, the fund had attracted cumulative net inflows of $1.23 billion, with total net assets surpassing $1 billion. The steady inflows suggest continued institutional interest despite recent price weakness.

On-Chain Data: Data from Santiment show XRP recently posted its largest on chain realized loss spike since 2022.

The last comparable weekly realized loss event occurred about 39 months ago, when losses reached negative $1.93 billion. Following that spike, XRP rallied 114% over the next eight months.

Historically, sharp increases in realized losses tend to cluster near market bottoms, as peak fear often precedes price recoveries.

While such signals do not guarantee an immediate rebound, they can raise the probability of a bounce once selling pressure is exhausted.

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