XRP Sinks Below Key Levels as Realized Losses and Weekly Drawdown Intensify

XRP extended its decline and traded below $1.3650, slipping under the 100‑hourly simple moving average as it consolidated losses; near‑term hurdles were identified around $1.3620–$1.4250 on hourly charts, with a bearish trend line offering resistance near $1.4250 ^[1].

The pullback follows a larger correction after XRP broke below the $2 support zone, completing roughly a 69% drop from a recent all‑time high above $3.6; the price has moved back toward a higher‑timeframe demand region previously between $0.86 and $0.66, a zone that had acted as the upper boundary of a prior accumulation range ^[2].

On‑chain metrics and price action show mounting downside pressure: realized losses reached a 39‑month high while XRP hovered near $1.30–$1.32 and was down about 4.7% over 24 hours at the time of reporting ^[3].

The recent move produced the token's largest weekly loss since 2022, underscoring the severity of the short‑term selloff ^[5].

Market commentary includes analysts warning of further downside — one analyst flagged a possible retest toward $1.11 — while others point to specific on‑chain levels and liquidity metrics as key drivers of February price action ^[4][6].

Traders and observers are watching established support and resistance bands and on‑chain indicators for signs of stabilization or continuation, with current reporting emphasizing objective price levels and realized‑loss metrics as measures of market stress ^[1][3][6].