A new Glassnode report casts a bearish tone on the XRP price prediction , as data shows a large chunk of holders are still deep underwater. According to on-chain metrics, 42% of current XRP wallets accumulated their tokens near the $3 mark, leaving many with losses of 40% or more. Analysts warn that prolonged unrealized losses can trigger capitulation, adding pressure to an already fragile market outlook. While the XRP price is still nearly 4 times higher than it was in November last year, many investors appear to have entered during the post-SEC rally when sentiment was peaking. That surge, triggered by partial legal wins against the SEC, attracted a wave of buyers now sitting deep in the red. With sentiment still near historic lows, analysts warn that this group of underwater holders could start exiting if the broader market continues to slide. XRP Price Prediction: ETF Launches Could Trigger a Trend Reversal XRP is approaching a potential breakdown toward the $1.50 support zone after failing to hold above recent consolidation levels. The chart shows a descending structure forming, with any bounce likely facing resistance around $2.50 and again near the $3.60 high. If sentiment begins to turn and support holds, XRP may recover in phases — but for now, momentum remains weak. The upcoming launch of multiple XRP exchange-traded funds (ETFs) in the United States offers a long-term catalyst, potentially unlocking institutional demand once market conditions stabilize. In the meantime, storage and security remain key for any crypto portfolio. Best Wallet Token ($BEST) is gaining traction with its presale , offering a seamless way to manage assets, stake tokens, and gain early access to top crypto opportunities all from one platform. Best Wallet Token ($BEST) Presale Ends in 9 Days and Prepares for Its Official Launch The Best Wallet ecosystem is made up of more than just a top-notch crypto wallet. It includes a suite of decentralized applications (dApps) that will allow users to swap tokens with low fees and get access to exclusive opportunities in the crypto space. At the core of the ecosystem is Best Wallet Token ($BEST) , the access point to a suite of premium crypto features. Holders gain reduced fees, early entry into high-potential presales, and soon, the ability to make real-world purchases through the upcoming Best Card . The Best Wallet app has already received strong reviews on both Google Play and the Apple Store, reinforcing its reputation for delivering a seamless Web3 experience. As demand for integrated crypto tools continues to grow, interest in $BEST is expected to follow. To join before the presale closes, visit the official Best Wallet website or download the Best Wallet app . You can buy using USDT, ETH, or a bank card in just a few clicks. Buy $BEST Here. The post XRP Price Prediction: 42% of Holders Are Losing Money – How Low Can XRP Fall? appeared first on Cryptonews .
