XRP Hits 12-Year Low, But SuperTrend Turns Bullish
Santiment says XRP holders are sitting on record losses, while the SuperTrend indicator has turned bullish again. Still, the 20-week EMA near $1.35 remains a major resistance level.
Key Takeaways
- Santiment says XRP is now at the worst pain point in its 12-year history, with a 30-day MVRV of -45% and a 365-day MVRV of -47%.
- XRP’s SuperTrend indicator has flipped bullish again for the first time since mid-June, after the last similar signal was followed by a 14% rally.
- XRP is trading near $1.09, still below the 20-week EMA at $1.35, and analysts say the broader trend remains weak.
XRP is sitting at the deepest loss level in its 12-year history, even as a new technical buy signal has revived talk of a possible bottom. But the bigger trend still looks shaky, and analysts caution that any rebound could fade if the crypto market stays under pressure.
Historic Losses for Holders
Santiment data shows that both short-term and long-term XRP holders are now underwater by a wide margin. The 30-day MVRV sits at -45%, while the 365-day MVRV is at -47%, a combination the data says has never appeared before in the token’s history.
In plain terms, the average buyer is now well below their entry price. That kind of setup can make sentiment turn quickly, but it does not mean a bottom is already confirmed. XRP has gone through plenty of sharp moves over its 12-year life, often driven by shifts in market mood and regulatory headlines.
Technical Signal Clashes With the Trend
On the chart side, analyst Ali Martinez noted that the SuperTrend indicator for XRP has turned bullish again for the first time since mid-June. The last time that happened, XRP went on to rally 14%, although the same indicator also caught earlier declines of 19% and 16%.
Still, bearish analysts argue that the broader structure remains fragile. XRP is trading around $1.09 (€0.96) and remains below the 20-week EMA near $1.35 (€1.18), which is widely seen as a key resistance level for any real trend reversal. The $1.10 (€0.96) area is also an important first test for bulls trying to reclaim momentum.
Why This Matters for Europe
For European crypto investors, XRP is another reminder that onchain data and technical signals do not always point in the same direction. The token still carries a market cap of more than $67 billion (€58.8 billion) and daily trading volume of $1.86 billion (€1.6 billion), so price moves in XRP tend to ripple quickly through the wider crypto market. With large altcoins like this, extreme sentiment and a shift in indicators can quickly draw the attention of traders and analysts alike.
