XRP (XRP) fell over 4.5% to $1.33 early Monday as markets turned risk-off after Donald Trump revived tariff threats, offsetting the bullish read from a Supreme Court setback.
The dip brought my notice to three eerie charts that suggests XRP’s selloff is far from over. They include metrics tracking exchange flows, XRP’s cost basis, and technical structures.
XRP Ledger “exchange inflow” value-band data shows a sudden surge of deposits to Binance, a venue often used for large transfers because of its deep liquidity.
On Feb. 21, more than 31 million XRP moved to the exchange, with large investors dominating the flows.
For instance, entities holding over 1 million XRP transferred 14.49 million tokens in a day, while those holding 100,000-to-1 million XRP deposited 14.24 million tokens to Binance.
At spot prices around $1.43 on the day, the transfer represented roughly $45 million in potential sell-side supply. That is because heavy deposits tend to increase the odds of distribution, especially when the market is already struggling to rally.
If these inflows persist, XRP’s rebounds may remain sellable, with large exchange balances acting as overhead supply.
XRP is having trouble reclaiming and holding above its realized price at around $1.40, a key on-chain level that reflects the aggregated average price paid for the circulating supply.
The latest realized-price view suggests XRP slipped back toward this threshold after failing to sustain a rebound above it.
Historically, extended periods below realized price have lined up with weaker phases in crypto cycles, where breakouts fail more often and recoveries stay shallow.
For instance, in 2022, XRP price slipped to $0.30 a month after breaking below its realized price at around $0.60.
XRP has printed a head-and-shoulders topping pattern: a left shoulder near the mid-$1.40s, a head spike into the $1.60–$1.70 area, and a lower right shoulder.
The key level is the neckline around $1.33–$1.35. A decisive break and close below it would confirm the pattern and open a measured target near $1.07.
Momentum isn’t helping either, with XRP’s relative strength index (RSI) above the oversold threshold of 30, suggesting more room for declines.
Yashu Gola is a crypto journalist and analyst with expertise in digital assets, blockchain, and macroeconomics. He provides in-depth market analysis, technical chart patterns, and insights on global economic impacts. His work bridges traditional finance and crypto, offering actionable advice and educational content. Passionate about blockchain's role in finance, he studies behavioral finance to predict memecoin trends.