The price of XRP remains below $1.40 with 60% of supply in the red

Can Xrp Price Recover In March?


XRP (XRP) traded at $1.35 on Monday, a 63% drop from the multi-year high of $3.66 due in July 2025. As a result, many XRP holders are sitting on insignificant losses, highlighting the risks facing crypto investors in bear markets.

Main Receptors:

XRP's 63% drop from its multi-year high of $3.66 has left holders with more than $50 billion in undisclosed losses.

Key XRP levels seen in the short term include $1.40, $1.30 and $1.27.

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60% of the XRP distribution supply is now in the red.

The XRP/USD pair is trading 28% below the year-to-date open of $1.87, paring losses by 11.6% since closing 2025. The extended weakness pushed the upper part of the supply into the red.

RELATED: XRP Risks $650 Million Selloff As Signs Show Price Below $1

With XRP trading at $1.35 at the time of writing, approximately 36.8 billion XRP were held in liquidation, representing $50.8 billion in unrealized losses, or more than 60% of circulating supply, according to data from Glassnode.

XRP: Total supply at a loss. Source: Glassnode

XRP's spot price is below its cumulative holding price basis, now at $1.44, suggesting long-term holders are under pressure.

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XRP/USD Average Holder Cost Basis. Source: Glassnode

Spot XRP ETF investors are also feeling the pressure. According to data from Soso Value, these investors are reducing their exposure to these investment products, which recorded a total withdrawal of $22.8 million for two consecutive days.

A net outflow of more than $16.2 million was recorded, marking the largest redemption since January 29, when spot XRP ETFs saw an outflow of $93 million.

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Spot XRP ETF Flowchart. Source: SoSoValue

Risk sentiment is also evident in global XRP investment products, which recorded a net outflow of more than $30 million in the week ended March 6.

Key XRP price levels to watch below $1.40

The XRP/USD pair continues to trade in a range, with $1.40 as resistance and $1.30 as a key support level that the bulls should hold to prevent further declines.

As shown in the chart below, the price is currently testing the bottom of the range.

“If buyers enter here, we will see XRP turn back to the top of the range,” CryptoPulse analysts said.

“If this level is broken, the structure of the region will begin to change and the price may seek lower levels.”

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XRP/USD 12-hour chart. Source: CryptoPulse

The main interest area is at $1.30 and $1.27 from the local low reached on February 28. If the price loses this level, the next stop could be the February 6 low of $1.13, which is the 200-week moving average (EMA).

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XRP/USD Daily Chart. Source: Cointelegraph/TradingView

On the upside, bulls are now focused on breaking the 200-week simple moving average (SMA) at $1.40.

Glassnode's UTXO Actual Price Distribution (URPD) shows the average price at which XRP holders bought their coins at the 200-week SMA, showing an important level where investors gained $1.28 billion in XRP.

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XRP: UTXO Guaranteed Price Distribution (URPD). Source: Glassnode

According to Cointelegraph, the price of XRP may increase to $1.60 and then $1.95, if the support at $1.40 is restored.

This article does not contain investment advice or recommendations. Every investment and business activity involves risk, and readers should do their own research when making a decision. While we strive to provide accurate and up-to-date information, Cointelegraph does not guarantee the accuracy, completeness or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph shall not be liable for any loss or damage arising from reliance on this information.

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