XRP isn’t getting out of crypto winter anytime soon.
Trading at $1.41, down 63% from its July 2025 all-time high of $3.65, the altcoin is trapped in a descending channel that has remained intact amid the crypto bear market.
But here’s the critical difference from 2022. This time, XRP’s price might not fall to $0.30.
Despite following the same warning signs that preceded 2022’s devastating 61% crash from $0.78 to $0.30, multiple structural factors now create support that didn’t exist during the last bear market.
In this analysis, CCN reveals the key levels to watch and what to expect from XRP’s price.
Make no mistake: XRP’s price is high in bear-market territory.
At the time of writing, the cryptocurrency token trades below all major moving averages.
Fundamentally, this isn’t consolidation. It’s a confirmed downtrend.
On-chain data shows the same alarming patterns that preceded 2022’s collapse.
According to Glassnode, XRP exhibits an asymmetric profit structure: recent buyers hold profitable positions, while long-term holders face losses.
This looks similar to the exact setup that triggered cascading selling in February 2022.
Furthermore, whale flow remains net negative, with large holders distributing rather than accumulating.
Only 40% of Ripple’s 300+ institutional partners use XRP for settlement, suggesting business growth doesn’t necessarily translate into demand for the crypto.
February historically delivers an average 3% loss for XRP, and 2026 is tracking worse, down over 30% in the first three weeks.

While the altcoin might end the month with a negative return, CCN found out that XRP’s price might not crash as it did after the FTX contagion.
One reason for this prediction is the XRP realized price.
According to Glassnode, XRP’s realized price (the average price at which all coins last moved) has stabilized near $1.45.
That level is now acting as a structural reference point for the entire market.
Currently, XRP’s price is trading slightly below that zone, hovering between $1.38 and $1.42.
Historically, when the price dips under the realized price, the asset enters what many analysts call a “deep value” phase.
It doesn’t guarantee an immediate rally. However, it signals that the bulk of speculative pressure has already been flushed.
The last major example came in May 2022. During that period, XRP’s price traded beneath its realized price and went as low as $0.30 during the broader crypto collapse.
The result wasn’t a rebound. Instead, it marked the end of the freefall and the beginning of a prolonged accumulation phase.
The current data shows a similar stress event happening. On Feb. 22, XRP recorded nearly $1.93 billion in weekly realized losses (the largest spike since November 2022), quantifying capitulation.

When realized losses peak at that scale, it means weaker holders have exited. Still, retail sentiment remains in extreme panic territory,
With the price sitting near the average holder’s cost basis, it seems sellers are becoming exhausted.
Therefore, if history rhymes, XRP’s price may not rally immediately.
But the conditions for crucial support are forming rather than collapsing into a 2022-style extended crash.
Despite the bearish structure, XRP’s price has three critical support mechanisms that 2022 lacked:
On the daily timeframe, XRP’s price remains in a broader downtrend despite some early signs of stabilization.
As shown below, it is still trading within the long-term descending channel that began after the blow-off top near $3.60.
However, the cryptocurrency is holding well below the 0.236 Fibonacci level around $1.71. It is also beneath the 0.382 near $2.08, which means the larger structure is still technically bearish.
Furthermore, the recent selloff wicked XRP’s price into the $1.15 region, which aligns closely with the zero Fibonacci level and the lower boundary of the descending channel.
However, indicators are beginning to shift. The Relative Strength Index (RSI) has formed a bullish divergence, with price printing a lower low.
This typically signals weakening downside momentum and supports the case for a bounce. With RSI near 40, there is room for an uptrend without being overbought.
At the same time, the Accumulation/Distribution Line continues trending upward, suggesting that underlying accumulation is occurring even as XRP’s price drifts lower.

In the near term, holding above the $1.30 to $1.35 zone could keep the altcoin stable, with $1.50 as the first meaningful test.
As a result, the cryptocurrency’s market value might drop to as low as $0.30.
However, until XRP reclaims and holds above $1.70 on strong volume, any upside should still be considered counter-trend within a broader bearish structure.