XRP Bottom in Sight? On-Chain Data Hints at Recovery

Quick Overview

I watched XRP stay flat for many months since January month. You can see how the on‑chain data show a bottom is very close.

On‑Chain Metrics That Matter

I looked at Glassnode and saw the SOPR is near the one level. This proves you can see sellers stopped taking their profits. The NUPL is very oversold so I believe the panic is ending.

What The Crowd Is Saying

I noticed that the general mood remains very scared. You will find only a 5% chance for $2 on the Polymarket site.

Technical Snapshot

I see the price stay under the 50‑day line of $1.49. Your 200‑day average at $2.17 works like a thick roof. The RSI is at 50 which makes the market look very neutral.

Key Levels To Watch

I think a fall below $1.30 sends the price to $1.11. You should look for a jump past $1.51 to reach $1.90. I predict a slow climb to $1.60 by the end of March month.

Emerging Opportunities

I see new money going into Bitcoin layer two projects now. You can look at Bitcoin Hyper because it raised $32 million. I know it uses a Solana VM to run fast Bitcoin contracts. The price is $0.0137 and it gives you a good entry.

Final Thoughts

I believe the floor is here even though we need a spark. You must stay patient while the price stays in this box.