XRP has spent the past few days in a narrow range despite the launch of the XRPC spot ETF , a development that many expected to give the asset a stronger lift. The price has remained stagnant, and market participants have looked for signals that could explain what may come next. A recent post by prominent market analyst Steph Is Crypto (@Steph_iscrypto) added a new angle to the discussion by highlighting a metric that often gains attention during periods of uncertainty. He shared a chart showing Relative Unrealized Loss on a seven days moving average and stated that “when unrealized losses spike, $XRP has historically bounced hard.” BREAKING: WHEN UNREALIZED LOSSES SPIKE, $XRP HAS HISTORICALLY BOUNCED HARD. IT’S HAPPENING AGAIN! pic.twitter.com/V1KU2cFsrV — STEPH IS CRYPTO (@Steph_iscrypto) November 15, 2025 What The Indicator Shows The Relative Unrealized Loss metric measures the proportion of supply currently held below its cost basis. Rising values indicate that more holders are underwater. In the past year, XRP saw moments where this level increased for a short window before a price reversal. The chart shows that XRP experienced massive 500% surge between November 2024 and January 2025, when this value was high. Another brief spike in the middle of the year pushed XRP to its all-time high , and the data shows that the value is rising rapidly again. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The recent move stands out because it arrives after the XRPC ETF’s record-breaking launch , which generated interest but did not produce the immediate volatility some investors expected. Instead, the price stayed calm while the metric climbed. This suggests that the current situation may differ from earlier phases of excitement without sustained follow-through. Steph’s analysis suggests this is a constructive setup because past spikes in unrealized losses often coincided with rapid price rally. Why This Development Matters For XRP The timing supports the view that XRP may sit at an early stage of a new cycle. If investors treat the recent metric spike as they have before, the situation could bring renewed demand. XRP’s muted performance may reflect temporary consolidation rather than a shift. The launch of the XRPC ETF still carries weight, especially as new products often take time to influence liquidity and behavior. The Relative Unrealized Loss spike shows that investors are navigating short-term uncertainty while maintaining longer-term interest. If historical patterns hold, the conditions described by Steph Is Crypto could bring a positive turn . Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Has Historically Bounced Hard When This Spikes. It’s Happening Again appeared first on Times Tabloid .