The XRP price has steadied after the recent crypto market crash, climbing over 7% in the past 24 hours to around $2.55. The move mirrors the broader recovery across major altcoins. Even after the turbulence, XRP’s one-year trend remains up more than 350%, showing that the broader uptrend is still intact.
This makes the crash look more like a short-term reset than a trend reversal. But while one key on-chain metric signals that XRP could be setting up for a 35% rally, another shows that a key group of holders isn’t ready to commit just yet — which could delay the move.
Sponsored
Sponsored
One Metric Flashes a Rare Bullish Signal Seen Before Major Rallies
The Spent Output Profit Ratio (SOPR) — a metric that shows whether investors are selling at a profit or loss — has dropped to 0.95 after the crash, its lowest level in six months. A reading below 1 means that most holders are selling at a loss, often marking exhaustion among sellers before a reversal.
The last time SOPR fell close to this low was on April 7, when it touched 0.92. Back then, XRP rebounded from $1.90 to $2.58 within a month — a 35% rise. With the XRP price forming a low of $2.38 (on the SOPR chart), a similar move this time would put the next potential target near $3.10-$3.35.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
That setup makes SOPR one of the few early indicators hinting at a rebound, showing that selling may have reached its limit and buyers could soon regain control.
Sponsored
Sponsored
