While uncertainty in the crypto money market continues, XRP investors face serious pressure. The decreases in recent weeks reduced the number of XRP addresses to profit to the lowest level of the year. While technical indicators signal a decline, the XRP price is trying to hold on support for $ 2. So, what happens if this support breaks? As Kriptokoin.com, we transfer the details.
Number of Addresses in Profit Croached to the bottom
The decline in the XRP price was also reflected in the chain data. As of March 31, the number of XRP wallet addresses, which was in profit, decreased to 5.24 million. This was recorded as the lowest level of 2025. The number, which saw the summit with 6.04 million on March 2, decreased significantly within a month.
This decrease shows that investors are increasingly damaged and that sales pressure in the market has increased. The tendency of investors whose profit margin decreases to sales can be further down. This may trigger a potential decrease spiral for XRP.
Negative Funding Rate confirms the fall
XRP’s funding rate in the futures market confirms that the feeling of investor is negative. According to instant data, the funding rate is at -0.007%. This shows that short positions are dominant and the traders mostly expect a decline.
When the funding rate is negative, Short positions pay to long positions. This indicates that the general aspect of the market is below. Therefore, a strong return signal is needed to wait for a short term in XRP.
What happens if the XRP $ 2.03 level is broken?
Popular Altcoin is currently trading for $ 2.07 and is trying to hold on to the critical support level, just above $ 2.03. If this support level is broken, the sales pressure may accelerate further and the price may decrease to $ 1.77. This level can be an important psychological threshold for XRP.
However, if new purchases arrive in the market, it may break this pressure and have a recovery for $ 2.27. This scenario can make investors hope again. However, in order to achieve this possibility, a significant increase in the transaction volume needs to be seen.
Critical hours have started for investors. The $ 2 level is of great technical and psychological importance. If this level is broken downward, the acceleration of decrease in XRP may accelerate. Investors should now be cautious but on alert.
