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- $XRP price correction challenges its next support at $1.34 for a potential breakdown.
- The falling channel pattern drives the mid-term correction in $XRP coin.
- The token is currently trading below its realized price, estimated near $1.45 based on on-chain analytics .
On Monday, the $XRP price slipped another 2.2% to reach its current trading value of $1.36. The primary trigger to this fall was macroeconomic uncertainty, as the U.S. president raised global tariffs from 10% to 15% while the Supreme Court ruled tariffs illegal just last week. The falling $XRP value pushes the asset deeper below its realized price, which historically bolstered strong contraction in market trend.
Majority of Holders Now Sitting on Unrealized Losses
$XRP, the native cryptocurrency of the $XRP ledger, is down from $3.66 to $1.35 in the last four months, registering a 63% loss. Consequently, the asset market cap is down $82.8 Billion.
Amid this downtrend, the $XRP dropped below its realized price and has been struggling to reclaim it. This is a metric derived from on-chain data which essentially measures the average price at which the circulating supply changed hands and recently sits around $1.45 according to Alphractal figures.
When the spot price is trading at a price lower than this average cost basis, the majority of the participants have positions with unrealized losses. On-chain analytics show a steep increase in realized losses, with one recent number for a single week at around $1.93 billion – the highest since late 2022 – just a sign of widespread sales at lower levels than the original cost of acquisitions.
In past cycles, long periods under the realized price have coincided with periods of low buying interest and general contraction in momentum in various cryptocurrencies. Failure to recover and stabilize above this level has often indicated persistent structural problems.
Elevated exchange inflows and capitulation-style selling illustrate the pressure on holder sentiment right now with the token having a difficult time propelling a sustained recovery.
Key Support to Watch As $XRP Extends Downtrend
Over the past week, the $XRP price has witnessed a sharp drop from $1.67 to $1.35 floor, accounting for a loss of 20%. This pullback showcased an intense overhead supply above the $1.52 resistance, signaling a sell-the-bound sentiment among market participants.
With today’s bounce, the coin price challenged an immediate support at $1.34. The momentum indicator ADX at a high of 40% accentuates intense selling pressure but over extended downtrend in the market.
If the sellers break this support, the coin price could plunge to a $1.12 cushion, followed by a deeper dip to $1 psychological level. An analysis of the higher time frame shows that the current downtrend is confined within two parallel walking trendlines of channel pattern.
Since July 2025, the chart pattern has offered a dynamic resistance and support to its price.
If the buyers managed to hold above the aforementioned support, the coin price would attempt an upswing to $1.78 and challenge the upper boundary of the pattern. A bullish breakout from this pattern would be key reverse current downtrend.
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