XRP climbs 8% as record holder losses signal better risk-reward for buyers
XRP rose 8% after onchain data showed both 30-day and 365-day MVRV ratios hit all-time lows, a pattern some traders view as a contrarian buy signal.
XRP jumped 8% on Friday after onchain data revealed that holders are sitting on record losses, a metric that historically has preceded price reversals.
The rally came as the 30-day MVRV (market value to realized value) ratio for XRP fell to around -45% and the 365-day version to -47%, both all-time lows according to analytics firm Santiment. MVRV compares the current price to the average price at which the supply last moved; a negative reading means the typical holder is underwater. The combination of both timeframes hitting record lows suggests capitulation among recent and long-term holders alike.
For crypto traders, extreme negative MVRV readings have often acted as contrarian floor signals, indicating that selling pressure may be exhausted and that risk-reward tilts in favor of buyers. While past performance is not predictive, such onchain metrics are widely monitored for potential reversal zones. Traders can track XRP's live price action on NowPrice's real-time crypto dashboard to gauge momentum as the market digests this signal.
Looking ahead, traders will watch whether XRP can sustain gains above recent resistance levels and whether broader market sentiment, influenced by macroeconomic factors and Bitcoin's dominance, supports a sustained recovery. Key data releases and ETF flow updates in the coming weeks may also provide further direction.