Crypto Scenario Insights

XRP Investors Capitulate at 2022 Pace: Can $1 Hold Amid Deleveraging?

What happened

XRP has experienced significant investor capitulation, with realized losses at a pace not seen since 2022, alongside substantial long liquidations and a sharp decline in derivatives trading volume.

What we think

The most likely outcome for XRP in the short to medium term is continued consolidation with a slight bearish bias (50% probability), particularly as it tests the critical $1.00 support.

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XRP Investors Capitulate at 2022 Pace: Can $1 Hold Amid Deleveraging?

We explain what happened and what could follow. We do not forecast prices.

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