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Glassnode flags XRP capitulation as profit-to-loss ratio hits 0.38 low
Glassnode said Tuesday that XRP is showing signs of broad capitulation, with the 90-day MA Realized Profit-to-Loss Ratio falling to 0.38, its lowest level since 2024. The firm also noted shrinking network usage, with the 90-day average of total fees dropping from 5,900 XRP in February 2025 to 500 XRP. Analysts cited in the report added that XRP has slid nearly 15% over the past two weeks and is testing long-term technical levels that could shape a potential bottom.
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XRP Approaches a Monthly Close Test: $1.40 Confirmation or $0.80 Retest Risk
XRP is trading in what analyst EGRAG CRYPTO describes as a macro "decision zone," with the next monthly candle close expected to influence whether it forms a double bottom or drifts toward $0.80. The analyst said a monthly close above $1.40 would help confirm the $1.05 low, while $1.61–$1.65 and $1.70 were highlighted as higher confirmation levels. XRP was up just over 1% in 24 hours at the time of writing but remained down more than 8% over seven days.
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