A360
Key Takeaways✦ Atlas AI
01
XRP's price has fallen significantly, now at a critical support level of $1.38, marking a 62% drop from its July 2025 peak, indicating substantial market pressure.
02
Declining on-chain activity, including a 38% reduction in daily active wallets and lower trading volumes, signals reduced user engagement and capital inflow, weakening XRP's market position.
03
The confluence of technical indicators, a descending price channel, and critical support levels at $1.20 and $1.00 suggests potential for further price corrections if current trends persist.
Atlas AI
XRP is currently trading near $1.38, a level that has become a critical juncture for the digital asset. This price point represents a significant test of support levels as the broader altcoin sector faces an extended downturn. The asset currently remains 62% below its July 2025 peak of $3.65.
Declining On-Chain Activity
Recent on-chain data indicates a cooling of interest in the XRP Ledger (XRPL). According to CryptoQuant, daily active wallet addresses have declined by 38% over the past year, falling from 22,054 to 13,684 as of late April. This reduction in active participation is accompanied by a slowdown in new wallet creation, suggesting the network faces hurdles in attracting new users.
Trading volumes on the XRPL have also compressed, indicating a reduction in new capital inflow. Historical trends show that decelerating adoption and low volume during market cycles have often preceded price corrections for the asset. The broader market context adds further pressure as a risk-off environment continues to affect altcoins disproportionately.
Technical Outlook and Key Support
Technical analysis shows XRP moving within a descending channel. The Relative Strength Index (RSI) remains weak, signaling a lack of bullish momentum and low conviction among buyers. Furthermore, trading volumes have not yet confirmed any meaningful recovery attempts, suggesting that sellers currently maintain control of price discovery.
Immediate support levels for XRP are identified at $1.20, with a more significant psychological and historical support zone at $1.00. The $1.00 mark aligns with the price range where the asset spent a significant portion of its trading history prior to the 2021 market cycle.
While Ripple's ongoing institutional positioning and expansion efforts may provide a basis for long-term outlooks, current on-chain metrics and technical price action highlight significant near-term challenges. While some analysts project long-term targets of $10 by 2030 under favorable conditions, immediate momentum remains bearish.
