XRP Sees Largest Realized Loss Since 2022, History Points to Bullish Price Run: Report

Michael Adeleke
2 hours ago Updated 1 hour ago
Michael Adeleke

Michael Adeleke

Crypto Journalist
Expertise : Cryptocurrency, Blockchain, DeFi
Michael Adeleke is a passionate crypto journalist known for breaking down complex blockchain concepts and market trends into clear, engaging narratives. He specializes in delivering timely news and sharp market analysis that keeps crypto enthusiasts informed and ahead of the curve. With an engineering background and a degree from the University of Ibadan, Michael brings analytical depth and precision to every piece he writes.
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Santiment data shows the coin hitting a zone that preceded a 114% XRP price surge

Highlights

  • Santiment reports XRP has recorded its largest realized loss spike since 2022.
  • Looking at history, similar loss events were followed by a 114% XRP rally within eight months
  • Ripple CEO Brad Garlinghouse confirmed continued ecosystem investment, supporting long-term growth.

XIn the latest XRP price movement projection, a new report shows that the token may be set for another bullish run. The firm highlighted that the coin has seen its largest realized loss since 2022, which was a precedent to its rally at the time.

XRP Price Could Be Set for Bullish Run, Santiment Says

Santiment said that the pace at which XRP investors’ realizing losses has grown rapidly over the past four years. The blockchain company announced that the number of realized losses has increased to around 908 million in the last week.

As Santiment explained in their post, the large realized losses are experienced when a large number of investors decide to sell their coins at a price lower than what they bought them for.

This usually happens when the market fear reaches its peak. This is then followed by investors deciding to panic-sell their coins at a loss instead of holding on to them.

Source: Santiment

According to the firm, a large number of realized losses can also be a good sign. They said that it has been a positive indicator for the price of XRP in the past. This shows that many weak hands are already out of the market, and the worst is already behind.

There are also other developments in the past weeks that support the bullish outlook. Last week, SBI Ripple Asia announced that it would start paying investors of its on-chain bonds in XRP. This is a good development for the use case of XRP.

Santiment particularly noted that it is true from a historical perspective. They said that the rise in realized losses has often led to the market bottom. The value of the XRP price experienced an increase of more than 114% in the next eight months in 2022.

Experts’ Price Forecasts Support Bull Case

It is also worth noting that more analysts are coming out to reaffirm the potential price rally for the Ripple coin. For example, top analyst EgragCrypto recently made a comparison to the 2022 cycle in a X post. He indicated that if the coin follows the same trend, it could go up by 2.8x.

Another analyst, CryptoBull, indicated that he is very confident that the XRP price will rally to around $15 next month and $70 by May.

On the other hand, some people are indicating that these predictions are not realistic, considering the current crypto market crash. Hopes are still there that other events might change the XRP price trend.

Ripple CEO Brad Garlinghouse also indicated in a recent FOX interview that the company plans to make more purchases to develop its ecosystem, following the announcement that it had spent up to $3 billion on acquisitions.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
Michael Adeleke is a passionate crypto journalist known for breaking down complex blockchain concepts and market trends into clear, engaging narratives. He specializes in delivering timely news and sharp market analysis that keeps crypto enthusiasts informed and ahead of the curve. With an engineering background and a degree from the University of Ibadan, Michael brings analytical depth and precision to every piece he writes.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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