Ripple’s XRP price has been struggling as the crypto market keeps moving lower. The Bitcoin price dropped below $90,000 earlier today, and that move dragged most altcoins down with it.
XRP is still holding above the $2 support level, but it has fallen about 3% in the last day and 13% over the week. The mood in the market is weak, and a lot of traders are getting cautious.
But according to Santiment, this is exactly the type of moment when real opportunities appear. Their data shows that wallets that bought XRP in the last 30 days are now down an average of 10.2%.
That means short-term holders are sitting in losses, and historically, this is when the XRP price often forms strong rebound setups. Santiment even called this a “good buy zone,” noting that major cryptocurrencies usually perform best when average trader returns sink into negative territory.
The main metric being watched is the MVRV. It compares the current market price to the price at which holders last moved their tokens.
When the MVRV drops, it shows most people are holding at a loss. The lower it goes, the stronger the chances of a recovery. Santiment says this metric can be more reliable than simply watching support and resistance zones.
Ripple’s XRP isn’t the only asset in this position, but it has outperformed many others recently. Over the past 30 days, it has held up better than Ethereum, Chainlink, and Cardano, even though those assets are now sitting in “extreme buy zone” territory.
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Bitcoin holders also show an average loss of 11.5%, pointing to a broader accumulation window across the market.
Moreover, this perspective matches what several analysts have been saying. Coach JV recently noted that the XRP price trading near $2 is a rare chance for long-term believers.
Income Shark added that anyone who missed buying under $2 might be getting another opportunity soon, and dips like this usually don’t stay around for long.
For now, the XRP price is sitting in a clear “pain zone,” but that’s exactly why analysts are watching closely. If the market stabilizes and buyers return, this dip could turn into one of the most attractive entry points of the cycle.
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