XRP Pattern Repeats February 2022: Pressure Is Weighing Heavily on Buyers Recently

According to the latest on-chain data from Glassnode, XRP’s market structure is beginning to resemble very closely the early 2022 phase — the period just before prices entered a prolonged weakening trend. This puts recent buyers in a difficult position, as both profit-taking and stop-loss pressures are increasing simultaneously. Cost Structure Creating Tension Glassnode states that the investor groups active over the past 1 week to 1 month are accumulating XRP at prices lower than their cost basis from the 6 to 12 months prior. This gap is very important because:

• Short-term buyers are in profit
• Mid-term holders are experiencing losses
• When prices cannot break higher, those in loss tend to sell to “exit” when they can break even This mechanism creates a persistent selling pressure in the market. Is History Repeating? A similar pattern appeared in February 2022, when XRP traded around $0.78. Afterwards, the market entered a prolonged decline cycle, pushing the price down to around $0.30 in mid-year. Although history does not always repeat exactly, the recurring cost structure among investors makes many experts cautious. The $2 Level – A Major Psychological Barrier Currently, XRP is struggling around the $2 mark — a psychologically significant threshold. Glassnode data shows: Since mid-2025, each retest of the $2 region has been accompanied by:
• $500 million to $1.2 billion in recorded weekly losses This indicates that many investors prefer to sell at this level rather than hold on. In other words, instead of being an accumulation zone, the $2 mark has become an “escape route” for those stuck holding. The Battle Between Supply and Demand At present, the XRP market is stuck in a standoff:
• Short-term buyers continue to accumulate at lower prices
• Long-term holders are waiting for an opportunity to exit as prices rebound When prices stay below $2 for too long, the selling pressure from those holding above will intensify. The more buyers at the previous peak, the more the market must absorb this supply before entering a sustainable upward cycle. Conclusion The current pattern does not definitively mean XRP will repeat the deep decline of 2022. However, the divergence in cost basis among investor groups creates a fragile market structure. If XRP does not convincingly break above the $2 region soon, selling pressure from high-level buyers will continue to weigh on the medium-term price trend. The market is not short of buyers — but it is also not short of sellers waiting to exit. And that is what keeps XRP in a tense “stuck” state.