Demand for investors for XRP falls as stalls in the bull market – traders will defend $ 2 support?

Between 25. October 2024. and 16. January 2025, XRP (XRP) He had one of the best gatherings of the current bull market, receiving 600% such as investors accompanied by hope that the Pro-Krupto Presidency would use Ripple and his cryptocurca.

During this time, the quarterly average of daily active addresses jumped with 490% and the KSRP price hit 7-year-high.

Fast forward towards the present, and the data show that speculative interest in KSRP decreases. Holders are increasingly facing losses, not gains, which mute their risky appetite.

“Trust in retail in XRP can slip”

From the bottom in 2022 years, Bitcoin (BTC) And the CSRP gained 500% to 600%, but most of the XRP profit from the parabolic price growth. Game data show that XRP daily active addresses jumped with 490%, while the same metric for Bitcoin increased by 10% in the last four months.

This retail transfer pressed the KSRP’s Realized Cover of $ 30.1 billion to $ 64.2 billion, with $ 30 billion that come from investors in the last six months. The participation of realized KSRP caps held by new investors (less than six months) jumped 23% to 62.8%, signaling the rapid shift of wealth. However, since the end of February 2025. years, capital inflows were significantly dipped.

The main reason is that investors currently lock in less profits and stares at higher losses. This can be identified by understood loss / profit ratio, which has constantly decreased from 2025. years. Said glass analysts,

“Given the inflows where the retail is dominated and greatly concentrated wealth in relatively new hands, it alludes to a state of confidence in the KSRP in KSRP can also expand and it can also extend it to a wide market.”

In addition to weakening confidence in recent investors, the distribution of KSRP among whales addresses reflects a similar trend. Data showing Constantly increasing the castings of whales from the beginning of 2025. years, suggesting that large holders consistently deleted their positions. Over the past 14 days, over a billion dollars in positions were taken in an average price of $ 2.10.

Related: How many US dollars is transferred by XRP daily?

Can XRP hold $ 2 support?

The XRP has found support to $ 2 repeatedly over the past few weeks, but the chance that Altcoin is down below this level is growing with each repetition.

However, at the lower time frame (LTF) of 1 hour and 4-hour charts, the discarded levels for XRP can be observed. The developmental is focused when the price forms a lower low and relative power index (RSI) forms lower high.

With a fair value of fair value between 2.08 and $ 2.13, the KSRP can see reliefs in this range, especially if the wider crypto market passes the covered bouncing. The graph with a higher time frame XRP appears bears due to the formation of reverse head and shoulders, with a measured goal near 1.07 dollars.

There is a chance that Altcoin finds support from the 200-day average average (orange line) about $ 1.70 brand, but the KSRP price has not tested this level of 5. November 2024.

Related: Bitcoin drops 8%, American markets shifted $ 2T value – should traders be expected to be covered?

This article does not contain investment advice or recommendations. Any investment and trade of trading involves risk, and readers should conduct their own research when making a decision.