Nearly Half of XRP Holders Now in the Red, But that Could Change Quickly in 2026 ⋆ ZyCrypto

According to market analyst Vlad Anderson, XRP is showing clear short-term weakness after breaking below the key $1.90 level, shifting momentum decisively toward the bears.

The move followed a failed attempt to hold the $1.9350 zone, a critical pivot that previously supported bullish continuation. With price now trading beneath this threshold, traders are increasingly focused on downside risk and the potential for further near-term declines.

Well, the break below $1.90 is a critical technical shift for XRP. This level previously served as both psychological and structural support, anchoring price amid broader market volatility.

Once lost, it quickly flipped into resistance, raising the bar for any near-term recovery and accelerating selling pressure as short-term sentiment turned cautious.

On the downside, Anderson points to key levels that will shape XRP’s next move. Initial support sits at $1.8420, where buyers may attempt a short-term defense. A failure to hold this zone would likely put $1.80 into focus, a major psychological level that has historically drawn demand but, if broken, could signal deeper downside risk.

Despite the near-term weakness, the bullish outlook isn’t invalidated yet. The key level to watch is $1.90, now a decisive resistance that bulls must reclaim to shift momentum back in their favor.

A high-volume breakout above $1.90, followed by sustained follow-through, would signal renewed buyer confidence and open the door for a retest of the $1.9350 zone, with scope for further upside. Until then, with price hovering around $1.85, XRP remains in a cautious, wait-and-see phase.

Nearly Half of XRP Supply Underwater: On-Chain Data Signals Rising Risk & a Potential Turning Point

According to renowned market expert Steph Is Crypto, nearly 50% of XRP’s circulating supply is now underwater, marking a significant shift in market structure and investor sentiment.

On-chain data show a sharp decline in holder profitability, underscoring rising downside risk while setting the stage for heightened volatility and potential opportunity in XRP’s near-term outlook.

Only 52% of XRP’s circulating supply is currently in profit, reflecting a steady deterioration in holder profitability over recent weeks. This metric, measuring coins last moved below the current price, signals that a growing share of investors bought at higher levels and are now sitting on unrealized losses.

As profitability compresses, market resilience typically weakens, especially during periods of sustained price pressure.

Historically, when a large portion of holders is underwater, markets become more reactive and emotionally driven. The risk of panic selling increases as investors who have endured drawdowns grow more sensitive to further declines, particularly around key support zones. 

This can accelerate downside volatility, as fear-based exits compound selling pressure. For XRP, these dynamics suggest near-term price action may remain fragile unless broader market sentiment and demand conditions improve.

Meanwhile, XRP was recently hit by a 1 billion token whale sell-off, but a Ripple advocate stated that 2026 would shock the world.