XRP UTXO RPD Pinpoints Potent Support Below $1 Where 1.16B XRP Transacted

The XRP UTXO Realized Price Distribution metric has identified XRP’s most potent support below $1, where 1.16 billion XRP transacted.

The ongoing crypto market downturn has lingered into its ninth month, and XRP remains one of the biggest victims, having collapsed by more than 71% from its all-time high of $3.66. With XRP now trading for $1.04, investors continue to assess where it could finally find its bottom.

Interestingly, data from the UTXO Realized Price Distribution (URPD) indicator reveals important price levels below $1 traders should watch for possible support, with the strongest support sitting at $0.62, where up to 1.16 billion XRP transacted.

Next XRP Support Level Below $1

For context, this UTXO Realized Price Distribution (URPD) shows how much of XRP’s supply last moved at different price levels, indicating where holders bought their coins. It highlights price zones with heavy accumulation by grouping these “realized prices” into bands.

Areas with large concentrations of coins often act as support, because many holders are in profit or near breakeven there and are less likely to sell, while buyers may step in again. As a result, the URPD metric helps to spot strong historical demand zones where the price is more likely to stabilize or bounce.

Now, with XRP already retesting the $1 psychological mark, some market participants expect a potential breakdown below this mark. Should this play out, the URPD suggests that the next important support area for XRP could sit at the $0.80 price level, where 923 million XRP transacted.

Interestingly, multiple market analysts have long identified the $0.8 area as a potential magnet for XRP, suggesting that the price could gravitate toward this area. However, these analysts believe the $0.8 level could act as XRP’s bottom for the ongoing downtrend.

Why the $0.62 Area is Important 

Meanwhile, below $0.8 lies a massive volume block around $0.62. The last time XRP saw the $0.62 level was in November 2024 during its meteoric upsurge from $0.5 on the back of the Donald Trump-led market rally. 

This explains the large volume block, as most investors entered the market at this time to take advantage of the upsurge. Data shows that XRP features a transaction volume of 1.16 billion tokens at this price level, making it the largest volume block below $1.

This area is important because most of the investors who bought at this level are less likely to sell off their assets, solidifying it as a potent support area. At the same time, buyers could again regard the area as another good entry point, leading to increased buying pressure and a potential rebound push.

Meanwhile, The Crypto Basic confirmed in an earlier report that most of the XRP investor base is witnessing severe losses, as the Realized Profit/Loss Ratio hits lows last seen during the 2022 bear market. Should XRP collapse further to $0.62, this metric will likely slump to the lowest levels from 2022, potentially culminating in the cycle bottom.

Below $0.62, XRP faces another substantial volume block involving 1.06 billion transacted at $0.51. This likely reflects the buying pressure XRP witnessed at the early stages of the November 2024 rally.