The XRP market continues to struggle as open interest declines and investors record notable losses.
Growing geopolitical uncertainty has made investors more cautious, contributing to weakening demand for XRP. Traders appear to be stepping back, and recent data indicates that the derivatives segment has been hit particularly hard.
Glassnode reported that following a deleveraging event in early October 2025, XRP perpetual open interest fell dramatically from seven billion tokens to two billion tokens, marking a seventy one percent drop.
The firm also noted that market positioning has continued to shrink, with open interest declining an additional twenty five percent to one point five billion XRP. This trend suggests that speculative interest in derivatives remains subdued.
In a separate update, Glassnode revealed that more than half of XRP’s supply is currently held at a loss. Investors who bought above two dollars over the past year have been realizing daily losses ranging from twenty million to one hundred ten million dollars since November 2025, as selling pressure persists.
Rising Bearish Sentiment Across the Market
Amid declining participation and mounting losses, pessimism around XRP has intensified.
Santiment reported that fear, uncertainty, and doubt surrounding the asset have reached their third highest level in the past two years. This shift follows a price decline of more than sixty percent over the last nine months, which has pushed many retail investors out of the market.
Historically, sharp increases in negative sentiment have often been followed by short term recoveries, as prices tend to move against prevailing expectations. This could indicate a potential opportunity for entry under current conditions.
Key Levels to Watch for XRP
Analyst Ali Martinez highlighted that XRP continues to trade within a large ascending triangle pattern that has been forming on the monthly chart for nearly nine years.
According to his analysis, the asset has repeatedly been rejected near a major resistance level of three dollars thirty cents before pulling back to a rising support trendline.
After the most recent rejection in August 2025, he expects XRP to revisit the range between seventy five cents and eighty cents.
Martinez identified this zone as an important accumulation area and noted that a breakout from such a long period of consolidation could result in a significant price movement.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
