XRP (CRYPTO: XRP) dropped 2% over the past 24 hours as Glassnode warns the current market setup matches February 2022—right before XRP crashed 60%.
The Warning Sign From 2022 Is Flashing Again
Glassnode flagged a troubling pattern: investors who bought XRP in the last 1 week to 1 month are now paying less than those who purchased 6-12 months ago.
That creates psychological pressure on longer-term holders sitting on losses.
When newer buyers enter at lower prices than earlier investors, it signals the trend is deteriorating.
This exact pattern appeared in February 2022 when XRP traded around $0.80. What followed was a 60% crash to $0.30 as holders gave up during the broader market collapse.
The current setup mirrors that structure, with one critical difference: the price level is …