I just checked the price of XRP today and saw that it’s at $1.32, a significant drop from the peak of $3.65 a few years ago. Looking at these numbers, approximately 36 billion XRP are currently at a loss, totaling nearly $51 billion in unrealized losses. That’s over 60% of the circulating supply, and holder sentiment is probably pretty heated.

Everything gets more difficult when the current price is below the average purchase price of ($1.44). Even XRP ETF funds are pulling out, with $22.8 million flowing out in just two consecutive days. Last week was even worse, with a net withdrawal of $16.2 million in a single day.

Looking at the chart, XRP is fluctuating between $1.30 and $1.40, and it’s testing the bottom. The key support level to hold is $1.30; if it breaks, the price could drop to $1.13 next. Conversely, if the buyers hold firm at $1.40, the price could rebound to $1.60 or even $1.95, but that depends on whether the buying pressure is strong enough to counter the increasing selling pressure.