XRP Holders Capitulate So Hard Even Their Charts Are Filing for Therapy 📉

XRP slid more than 4% over 24 hours to June 10, breaking below the closely watched $1.13 support level as trading volume more than doubled to 109.9 million tokens, according to data cited in market coverage. The token fell from $1.1505 to $1.1248 during the session, later stabilizing near $1.1240 after dipping as low as $1.10, with analysts flagging the $1.10–$1.12 zone as the next critical support band. A decisive loss of that range would put the psychological $1.00 mark in play, and potentially the $0.80–$0.90 region further below.

The price action unfolded against a deteriorating onchain backdrop. The 90-day moving average of XRP's realized profit-to-loss ratio has plunged to 0.38, according to data tracked by Glassnode, meaning holders are realizing just 38 cents in profit for every $1 of losses booked. That figure marks a sharp reversal from the 2025 peak, when the ratio hit 50 and profit-takers outnumbered loss-sellers by 50-to-1, a phase widely characterized as classic market capitulation.

XRP traded around $1.11 at press time on June 10, putting the token down nearly 40% year-to-date and well below its July 2025 peak above $3.60, per CoinDesk data. The token remains trapped inside a descending channel and below both its 100-day and 200-day moving averages, even as the daily RSI approaches territory that has historically preceded short-term relief rallies. Volume surged during the breakdown before normalizing, suggesting a large repositioning event rather than a steady accumulation of bearish conviction.

Traders are now focused on whether buyers can defend the $1.10–$1.12 zone and reclaim $1.13, which has flipped from support to first resistance on any recovery attempt. Beyond that, attention shifts to $1.20 and the larger $1.35–$1.40 resistance band, levels that would need to be recaptured to ease the broader bearish structure. Whether the latest flush marks a final washout or the start of a deeper leg lower remains the central question for the $XRP market.