- XRP rebounds above $2 as it tests major Fibonacci resistance zones.
- On-chain data shows rising realized losses and intensified holder distribution.
- Trading volume and market cap surge as price climbs back to $2.25.
XRP moved into the midweek session with a shift in the market as buyers pushed the asset back above the $2.00 region following a period of market-wide weakness. The latest four-hour chart from Bitfinex shows XRP holding near $2.2136, extending a rebound that began after the token entered oversold conditions earlier in the month.
XRP Approaches Key Fibonacci Areas
The rebound has pushed XRP through the $2.0085 level tied to the 0.236 Fibonacci retracement, with price now testing the 0.382 area at $2.1188. A close above this zone would shift attention toward the 0.618 retracement at $2.1972, followed by resistance near $2.2077, where sellers previously slowed the advance of candles.
Chart analysts also reference the $2.30 region, a level marked by earlier supply clusters. TARA noted that XRP recently hit the 0.5 retrace, adding that clearing this zone would strengthen a move toward $2.30.
Source: X
TARA also notes that momentum has increased, with the four-hour RSI rising to 51.08, marking its first return to neutral territory after spending multiple sessions below the midpoint. However, stronger support remains positioned between $1.90 and $1.95, an area that coincided with XRP’s interaction with the 0.618 extension before reversing upward.
Related: XRP Price Prediction: Sellers Target $1.75 As Multi-Month Support Weakens Under Massive Outflows
On-Chain Indicators Reflect High Realized Losses
Glassnode reported that the $2.0 band remains a key social level. Since early 2025, weekly realized losses during retests of this zone have ranged from $0.5B to $1.2B, highlighting the concentration of spending activity at this price. The firm added that the 30-day EMA of daily realized losses has climbed to around $75M per day, the highest value recorded since April 2025.
Additional supply metrics point to structural strain. Only 58.5% of the XRP supply is in profit, while 41.5%, or 26.5B XRP, sits at a loss, its lowest profitability share since November 2024, despite prices trading nearly four times higher than that period.
Additionally, Glassnode data indicate that as XRP declined from $3.09 to $2.30, profit-realization volume increased by approximately 240%, rising from $65M per day to $220M per day on a 7-day SMA basis.
Longer-term holders who accumulated before November 2024 raised their spending by roughly 580%, climbing from $38M/day to $260M/day as XRP declined from $3.3 to $2.4 since early August, an indication of ongoing distribution into weakness.
Price Rebound Lifts Volume and Market Participation
Over the past 24 hours, XRP recorded a 7.93% rise to $2.25, during press time, recovering from an earlier dip toward $2.055. Trading activity strengthened, with 24-hour volume increasing by 50.14% to $6.19B, while market capitalization reached $135.83B.
Related: XRP Shows Signs of Recovery as ETFs and Buy Signals Strengthen Outlook
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