Investors’ request to XRP decreases with Taurus market kiosks – do traders defend the support of $ 2?

Between October 25, 2024, and January 16, 2025, XRP (XRP) had one of the best gatherings in the current bull market, as it gained 600 % of investors in the hope that the pro -sulfle -supporting presidency and its encrypted currencies would benefit.

During this time, the semester of the daily active addresses jumped by 490 % and XRP price is the highest level in 7 years.

Soon forward, data shows that the speculative interest surrounding XRP is decreased. Holders are increasingly faced losses instead of gains, which reduces their appetite for risks.

“Retail confidence may slip in XRP”

Since it turned in 2022, Bitcoin (BTC) and XRP have gained 500 % to 600 %, but the largest part of XRP gains came from the equivalent price. The data from Glassnode shows that the daily active XRP has jumped by 490 %, while the same scale for Bitcoin increased by 10 % over the past four months.

This retail -based increase has paid the maximum XRP from $ 30.1 billion to $ 64.2 billion, with $ 30 billion in this flow of investors in the past six months. The achieved Cap XRP has jumped by new investors (less than six months) from 23 % to 62.8 %, indicating a rapid shift in the wealth. However, since late February 2025, capital flows have decreased significantly.

The main reason is that investors are currently protesting in fewer profits and staring at higher losses. This can be determined by the achieved/profit/profit rate, which has been constantly decreased since 2025. Glassnode analysts said,

“Given the flow -dominated flows and wealth to a large extent in relatively new hands, this hints to a situation in which the confidence of the XRP retail investor may slip, and this may also extend through the broader market.”

Besides weak confidence among new investors, the XRP distribution between the whale addresses reflects a similar trend. Data He appears A fixed increase in the external flows of the whale since the beginning of 2025, indicating that its large owners have been constantly reducing their positions. Over the past 14 days, more than a billion dollars have been discharged in the centers at an average price of $ 2.10.

Related: How many US dollars do XRP daily?

Can XRP get $ 2?

XRP has found support at $ 2 several times over the past few weeks, but the chance of lower ALTCOIN has increased with each re -test.

However, in the lower time frame (LTF) of the plans for an hour and 4 hours, the difference in the rise of XRP can be observed. The bullish difference occurs when the price is a low decrease and the RSI is the highest level.

With a fair value gap between $ 2.08 and $ 2.13, XRP may witness a rare in this range, especially if the broader encryption market is subject to excessive bounce. In the higher timeline scheme, XRP appears declining due to the formation of a reverse pattern of the head and shoulder, with a size goal near $ 1.07.

There is an opportunity for Altcoin to find a 200 -day moving average (orange line) on a mark of $ 1.70 to $ 1.80, but the XRP price has not experienced this level since November 5, 2024.

Related: Bitcoin decreased by 8 %, US markets climb $ 2T – Should traders expect an excessive bounce?

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.