- XRP has experienced multiple pushbacks while attempting to recover.
- On-chain fundamentals remain positive for the cryptocurrency.
- XRP faces bearish pressure from profit-taking, market deleveraging, and technical resistance.
XRP is experiencing significant bearish pressure, with every attempt at recovery met with notable resistance.
The latest rebound, which saw the cryptocurrency surge over 6% last Wednesday, was rejected, and XRP seems to be returning to base, following an ongoing decline that has the cryptocurrency trading at $1.90 at the time of writing, according to data from TradingView.
Users Are Concerned Over XRP’s Failed Recoveries
Most crypto analysts are concerned about XRP’s relatively poor performance, considering the evident strength in the cryptocurrency’s on-chain fundamentals. Data from XRP Scan, a platform that displays XRP Ledger metrics, reflects strength in the cryptocurrency’s status. Most of the relevant indices on the platform suggest active community participation, which typically forms the tailwind behind crypto price rallies.
For instance, the number of payment accounts on the XRPL Ledger remains at a considerably high level, currently standing at over 1.28 million at the time of writing. The payment volume from one XRP account to another also remains at an impressive level of over 758 million. Meanwhile, the number of active users on the XRP Ledger as of Thursday was over 167,000, while the number of active unique XRP senders climbed above 17,000.
Reasons Behind XRP’s Failed Recovery
Despite the strength in fundamental metrics, crypto analysts have identified the possible reasons why XRP’s price is struggling under bearish pressure. A combination of heavy profit-taking, market-wide deleveraging, and technical resistance levels is putting pressure on the digital asset.
For instance, early investors who acquired XRP at significantly low prices have been on a cashing-out spree. On-chain data reveals that realized profits surged by 240% since September 2025, with massive selling observed around the $2 price level. Meanwhile, a market-wide correction over the past few months triggered a significant reduction in leverage, reducing the speculative initiative needed to drive rapid price increases.
In the meantime, XRP has repeatedly failed to sustain levels above the $2.19-$2.29 resistance zone. On the contrary, the cryptocurrency’s break below the $1.93 Fibonacci level increased selling pressure, which has created a bearish outlook.
Related: Negative Funding Rates Point to Potential XRP Reversal – Analyst
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