XRP Fell Nearly 70% — Could History Repeat With An | XRP News
A pointy drop in XRP has rattled short-term holders, however some onlookers warn the sell-off could also be setting a base for a a lot bigger rebound. Reports say the token slid laborious after peaking final yr, and a combine of on-chain metrics and chart patterns has merchants weighing whether or not that is panic or alternative.
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Deep Losses And A Familiar Pattern
According to price information, XRP fell from a high close to $3.65 to roughly $1.38, a transfer that worn out a massive chunk of current features and produced a 60% pullback from the July peak.
Traders watched as realized losses spiked, with roughly $1.90 billion recorded over one week — a degree that matches previous capitulation occasions.
When large losses pile up in a short span, promoting stress could be exhausted and the market is usually left with fewer weak arms.
Reports be aware that the token is approaching a higher-time-frame demand space between $0.85 and $0.65, a zone that acted as resistance earlier than the rally in late 2024.
In prior cycles, that very same space become a multi-year accumulation vary the place long-term patrons stepped in.
$XRP Crashed 69% And Everyone Is Panicking: Last Time This Happened It Pumped 835%#XRP Is Trading Around $1.39 After Breaking Down From $2 Support Zone. Currently Retesting The HTF Demand Level Which Previously Acted As Multi-Year Accumulation Zone Upper Boundary.
Already… pic.twitter.com/ZVKY1nwLD4
— Crypto Patel (@CryptoPatel) February 22, 2026
From Panic To Jubilation
Analyst Crypto Patel has highlighted these historic indicators on social feeds, arguing the setup appears to be like acquainted and might not be everlasting panic.
He warned that XRP has dropped 69% and panic is spreading, however the final time it fell this a lot, it surged 835%.
Bitcoin Moves Provide Context
Across the broader market, Bitcoin’s swings have been a backdrop to altcoin ache. Recent periods noticed BTC shift from the high $66,000s down towards the mid-$60,000s, and that sort of volatility tends to pull different cash alongside.
When BTC retreats, altcoins typically fall tougher, and XRP was no exception. The interaction between Bitcoin’s price motion and altcoin flows is a sensible reminder that macro strikes nonetheless matter even when token-specific tales dominate headlines.
Reports have recorded fast promoting from short-term holders after price broke under $2, a psychological degree many handled as assist. That drop accelerated the transfer to close $1.11 in early February, which represented close to 70% drawdown from the cycle high.
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What Traders Are Watching Next
A slice of the market exited positions in frustration. Those exits show up cleanly on-chain as realized losses, which may mark the ultimate wave of sellers earlier than stability returns.
From a technical view, staying above the decrease certain of the $0.65 to $0.85 band on longer timeframes can be taken as constructive by many.
If that holds, a phased restoration might carry prior resistance ranges back into play — round $2, then $3, and past.
Featured image from Gemini, chart from TradingView
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