Behold, the price of XRP, a weary soul, trudging under the weight of 2026’s cruel whims. Since January’s chill, it has wept downward, its tears pooling in the abyss of resistance levels, which it has repeatedly failed to conquer.
Oh, the macro world, that fickle lover, has turned its back on crypto’s dreams. Geopolitical storms rage, and the market, like a frightened child, cowers in its corner. Yet, amid the gloom, whispers of hope echo-historical ghosts and on-chain specters hint at a possible turn, though one might wonder if they’re merely the delirium of a desperate mind.
XRP Holders’ Losses Near End
The Net Unrealized Profit and Loss indicator, that cruel judge, declares XRP still in the throes of capitulation. A majority of its followers, like broken workers, sit in the shadow of losses. Capitulation, that final act of despair, marks not the end of a tragedy, but the curtain’s descent.
Historically, XRP’s capitulation dances for a month before waltzing into reversal. This one began in February. If patterns repeat, March’s first week may bring relief. But let us not be fools-panic’s grip is strong, and recovery is a fickle mistress.
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The Spent Output Profit Ratio, or SOPR, confirms that XRP’s holders, like martyrs, sell at a loss. A fleeting spark above 1 in mid-February lit the pyre, but soon, the flames died, and selling resumed with fervor.
Another SOPR near 1? A sign, perhaps, of a coming shift. If coins are sold at profit, the market may stir. But until then, XRP remains a prisoner of its own despair.
What Does XRP’s Past Say?
Seasonality, that old trickster, boasts that March has gifted XRP an average 18% return over 12 years. A statistical marvel, yet one must ask: can a ghost of past glory truly revive a dying flame?
External risks loom, like a storm on the horizon. Geopolitical tensions, that eternal specter, may dash hopes. Financial chaos, that relentless adversary, may delay the season’s bullish promise.
XRP Price Levels To Watch
XRP, at $1.29, clings to the $1.27 support, that bear market floor. A fragile hope, for should it fall, the abyss awaits.
If capitulation ends and the macro world calms, XRP may rise, challenging the descending trendline. A $1.51 breakthrough would signal a structural shift, though one might question if it’s a mirage.
On-chain data hints at resistance between $1.76 and $1.80, where 1.85 billion XRP, a mountain of hope, awaits. Sellers, like vultures, may descend, creating a temporary wall.
Yet, failure to hold $1.27 would spell doom. A plunge to $1.11 looms, a fate as grim as a factory worker’s end. For now, March offers both peril and the faintest glimmer of hope-a tale as old as time.
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2026-02-28 19:19