{"id":19878,"date":"2025-03-31T14:03:51","date_gmt":"2025-03-31T14:03:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=19878"},"modified":"2025-03-31T14:03:51","modified_gmt":"2025-03-31T14:03:51","slug":"xrp-bulls-in-denial-as-price-trend-mirrors-previous-75-90-crashes","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=19878","title":{"rendered":"XRP bulls in \u2018denial\u2019 as price trend mirrors previous 75-90% crashes"},"content":{"rendered":"
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\"XRP<\/p>\n

XRP (XRP<\/a>) has lost more than 40% since hitting a multi-year high near $3.40 in January, and onchain data suggests the downtrend could deepen in the weeks ahead.<\/p>\n

\u201cDenial\u201d preceding past 75-90% XRP crashes is back<\/h2>\n

XRP\u2019s Net Unrealized Profit\/Loss (NUPL) data<\/a> from Glassnode suggests the token may be heading for another extended downturn. <\/p>\n

The metric, which gauges the aggregate unrealized gains or losses of XRP holders, has historically served as a reliable barometer of potential trend reversals. In past market cycles, NUPL has peaked in the so-called \u201ceuphoria\u201d zone just before major price tops. <\/p>\n

In 2018, XRP soared above $3.00 as NUPL signaled extreme optimism, only to collapse 90% to below $0.30 as sentiment deteriorated through \u201cdenial\u201d and into \u201ccapitulation.\u201d <\/p>\n

\"XRP
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XRP NUPL historical performance chart. Source: Glassnode<\/em><\/p>\n<\/figcaption><\/figure>\n

A similar pattern played out in 2021 when XRP hit $1.96 before sliding 75% to $0.50 amid a sharp shift from euphoria to fear.<\/p>\n

As of March 2025, XRP\u2019s NUPL has once again entered the \u201cdenial\u201d zone, with the price trading around $2.50 following a strong rally. If the pattern holds, XRP could face further downsides akin to the bear markets in 2018 and 2021.<\/p>\n

\"XRP
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XRP\/USD weekly price chart. Source: TradingView<\/em><\/p>\n<\/figcaption><\/figure>\n

XRP now faces similar risks, trading sideways between $1.80 and $3.40, following a blistering 585% rally in just two months.<\/p>\n

The rally accelerated after pro-crypto candidate Donald Trump won the US presidential election, while speculation grew around Ripple\u2019s potential victory in its SEC lawsuit<\/a> and the possible approval of a spot XRP ETF<\/a> in 2025.<\/p>\n

Related: <\/strong><\/em>SEC dropping XRP case was \u2018priced in\u2019 since Trump\u2019s election: Analysts<\/strong><\/em><\/a><\/p>\n

As a result of these supportive fundamentals, some traders said XRP\u2019s ongoing consolidation may eventually lead to a breakout. That includes market analyst Stellar Babe, who anticipates XRP\u2019s price to gain 450%<\/a>. <\/p>\n

Technical fractal suggests XRP is topping out <\/h2>\n

XRP\u2019s weekly chart suggests a bearish fractal from 2021 may be unfolding again.<\/p>\n

In both 2021 and 2025, the XRP price formed a local top while the RSI printed a lower high, signaling bearish divergence and weakening upside momentum.<\/p>\n

\"XRP
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XRP\/USD weekly price chart. Source: TradingView<\/em><\/p>\n<\/figcaption><\/figure>\n

Back in 2021, that divergence preceded an 85.50% sell-off that broke below the 50-week (the red wave) and 200-week (the blue wave) exponential moving averages (EMA) supports.<\/p>\n

In 2025, XRP has again shown a similar RSI divergence, followed by a 40%-plus decline from its recent highs. It now risks an extended decline<\/a> toward the 50-week EMA at around $1.58, down about 21.6% from the current price levels by June. <\/p>\n

If the correction deepens and breaks below the 50-week EMA support, history suggests XRP could slide further toward the 200-week EMA around $0.87, or about 60% from the current price levels.<\/p>\n

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<\/p>\n