$XRP has gone on a monster run—shooting up more than 500% in just nine months, from $0.40 to $3.09. That kind of move isn’t just about price—it’s flashing serious signals in the on-chain data too. According to Glassnode, a massive 93.92% of XRP’s supply is now in profit. And every time this number hit such extremes before, big things followed.
🔎 History Lesson: Why 90%+ Profit Ratio Matters
2018 Peak: XRP hit $3.30. At that moment, over 90% of the supply was in profit. What came next? A brutal 95% crash.
2021 Peak: Same story—once 90%+ profit was reached, XRP topped at $1.95… then slid 85% down.
Today: With 94% of supply in profit, the setup looks eerily familiar. It’s the kind of zone where investors start feeling itchy to sell.
📊 NUPL (Net Unrealized Profit/Loss) Red Flag
The NUPL metric shows XRP entering the “belief-to-denial” zone. Here’s why that’s key:
In 2017, when NUPL spiked to these levels, XRP ran up to $3.30.
In 2021, when NUPL crossed 0.5, XRP topped at $1.95.
Now? Investors are sitting on serious gains, but not quite euphoric yet. If NUPL pushes higher into the “greed” range, it could be the spark for a sell-off.
⚠️ Chart Watch: Bearish Triangle in Play
Right now, XRP is trapped inside a descending triangle—with $3.05 as the key support. This is where things get critical:
If $3.05 breaks, XRP could tumble to around $2.39 (about a 23.5% drop).
If bulls flip resistance instead, momentum could swing the other way, putting $6 back on the table.
🚀 Big Picture: Could XRP Really Hit $30?
Some bold analysts are calling for targets far beyond $6—talking $15 to $30 XRP in this cycle. For that to happen, a few things need to line up:
Heavy institutional demand kicking in,
A green light from regulatory or ETF developments,
And a raging altcoin season.
Bullish view: The profit margins and NUPL suggest XRP is still riding a strong bull wave.
Bearish view: History shows that extreme profitability often marks the top before heavy corrections.
Key level: $3.05 is the line in the sand—hold it, and new highs are possible; lose it, and downside risk grows fast.
👉 In short, $XRP is standing at a crossroads—where opportunity and danger sit side by side.
