TLDR
- XRP is trading around $1.34, roughly 64% below its all-time high of $3.84 set in January 2018.
- On-chain data shows 36.8 billion XRP tokens are currently held at a loss, totaling $50.8 billion in unrealized losses.
- Key support sits at $1.33; a break below could push the price toward $1.25.
- MACD and Chaikin Money Flow indicators both point to short-term bearish momentum.
- If Bitcoin drops below $60,000, analysts flag $0.85–$0.95 as the next major XRP support zone.
XRP is under pressure this week, trading near $1.34 after failing to hold key support levels. The token has now shed nearly two-thirds of its value from its all-time high.
On-chain data from Glassnode shows that 36.8 billion XRP tokens are currently underwater. That figure translates to approximately $50.8 billion in unrealized losses across the XRP network.
At current levels, ~36.8B XRPs are in loss. Denominated in USD, the unrealized loss is now $50.8B.
📉 https://t.co/oemb6IKnkt https://t.co/yTsIXWPFV4 pic.twitter.com/OJtVLCSggL— glassnode (@glassnode) March 8, 2026
XRP hit its record high of $3.84 in January 2018. The current price puts the token roughly 64% below that level.
Throughout 2025, XRP ran hard. The token crossed $1, $2, and eventually broke $3, bringing nearly every token in circulation into profit. That picture has since reversed sharply.
$XRP Bear Market Plan (Detailed View)$XRP has fallen 64% from its high.
Potential Entry Zones Over the Coming Months:$0.85–$0.95 — If Bitcoin breaks below $60,000 and drags the entire market down, this is the next area where historical buyers have clustered. It would… pic.twitter.com/U9fzWRXFvO
— Solberg Invest (@SolbergInvest) March 8, 2026
After a brief recovery in January 2026, XRP faced heavy selling pressure again in February. Since then, the price has failed to post any meaningful recovery and has drifted toward the lower end of its current range.
Technical Levels to Watch
XRP is currently trading below both the $1.3550 price level and the 100-hour simple moving average. A bearish trend line has formed on the hourly chart, with resistance sitting around $1.3520.
#XRP – The 21/50 EMA Trap & $8.5 Target 🎯:
Listen to charts, it is telling us something. 📢
The 21 EMA crossing below the 50 EMA has historically been a bearish momentum signal for #XRP. ( Check Red Circle and Arrow).
When this cross happens, price usually dumps once more… pic.twitter.com/YKAerDzmzj
— EGRAG CRYPTO (@egragcrypto) March 8, 2026
The MACD indicator is sitting just below the zero line, signaling weak buying momentum. The Chaikin Money Flow reading of around -0.27 shows ongoing capital outflows, adding to the bearish short-term picture.
The first resistance level to watch on the upside is $1.38. A move above that could push XRP toward $1.40 and potentially $1.50. On the downside, a break below $1.33 support opens the door to $1.30 and lower.
Broader Market Context
The total crypto market cap fell 1.19% to $2.3 trillion in 24 hours. Bitcoin dropped 1.12% to $67,166 during the same period. Spot Bitcoin ETFs logged over $348 million in outflows earlier in the week.
One analyst noted that if Bitcoin falls below $60,000, XRP could test the $0.85–$0.95 range. A deeper drop to $0.56–$0.66 would, in their view, represent full market capitulation.
The current level of unprofitable supply is approaching thresholds seen during previous bear markets, according to Glassnode data.
XRP last changed hands at $1.34, per CoinGecko.
