{"id":10155,"date":"2026-02-24T05:11:06","date_gmt":"2026-02-24T05:11:06","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/xrp-fell-nearly-70-could-history-repeat-with-an-835-surge\/"},"modified":"2026-02-24T05:11:06","modified_gmt":"2026-02-24T05:11:06","slug":"xrp-fell-nearly-70-could-history-repeat-with-an-835-surge","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/xrp-fell-nearly-70-could-history-repeat-with-an-835-surge\/","title":{"rendered":"XRP Fell Nearly 70% \u2014 Could History Repeat With An 835% Surge?"},"content":{"rendered":"

A sharp drop in XRP has rattled short-term holders, but some onlookers warn the sell-off may be setting a base for a much larger rebound. Reports say the token slid hard after peaking last year, and a mix of on-chain metrics and chart patterns has traders weighing whether this is panic or opportunity.<\/p>\n

Deep Losses And A Familiar Pattern<\/h2>\n

According to price data, XRP<\/a> fell from a high near $3.65 to roughly $1.38, a move that wiped out a large chunk of recent gains and produced a 60% pullback from the July peak.<\/p>\n

Traders watched as realized losses spiked, with roughly $1.90 billion recorded over one week \u2014 a level that matches past capitulation events.<\/p>\n

When big losses pile up in a short span, selling pressure can be exhausted and the market is often left with fewer weak hands.<\/p>\n

Reports note that the token is approaching a higher-time-frame demand area between $0.85 and $0.65, a zone that acted as resistance before the rally in late 2024.<\/p>\n

In prior cycles, that same area turned into a multi-year accumulation range where long-term buyers stepped in.<\/p>\n

\n

$XRP<\/a> Crashed 69% And Everyone Is Panicking: Last Time This Happened It Pumped 835%#XRP<\/a> Is Trading Around $1.39 After Breaking Down From $2 Support Zone. Currently Retesting The HTF Demand Level Which Previously Acted As Multi-Year Accumulation Zone Upper Boundary.<\/p>\n

Already\u2026 pic.twitter.com\/ZVKY1nwLD4<\/a><\/p>\n

\u2014 Crypto Patel (@CryptoPatel) February 22, 2026<\/a><\/p>\n<\/blockquote>\n

\"\"<\/p>\n

From Panic To Jubilation<\/h2>\n

Analyst Crypto Patel has highlighted those historical signals on social feeds, arguing the setup looks familiar and may not be permanent panic.<\/p>\n

He warned that XRP has dropped 69% and panic is spreading, but the last time it fell this much, it surged 835%.<\/a><\/p>\n

Bitcoin Moves Provide Context<\/p>\n

Across the broader market, Bitcoin\u2019s swings<\/a> have been a backdrop to altcoin pain. Recent sessions saw BTC shift from the high $66,000s down toward the mid-$60,000s, and that kind of volatility tends to drag other coins along.<\/p>\n

\"\"<\/p>\n

When BTC retreats, altcoins often fall harder, and XRP was no exception. The interplay between Bitcoin\u2019s price action and altcoin flows is a practical reminder that macro moves still matter even when token-specific stories dominate headlines.<\/p>\n

Reports have recorded quick selling from short-term holders after price broke below $2, a psychological level many treated as support. That drop accelerated the move to near $1.11 in early February, which represented close to 70% drawdown from the cycle top.<\/p>\n

What Traders Are Watching Next<\/p>\n

A slice of the market exited positions in frustration. Those exits show up cleanly on-chain as realized losses, which can mark the final wave of sellers before stability returns.<\/p>\n

From a technical view, staying above the lower bound of the $0.65 to $0.85 band on longer timeframes would be taken as constructive by many.<\/p>\n

If that holds, a phased recovery could bring prior resistance levels back into play \u2014 around $2, then $3, and beyond.<\/p>\n

Featured image from Gemini, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

A sharp drop in XRP has rattled short-term holders, but some onlookers warn the sell-off may be setting a base for a much larger rebound. Reports say the token slid hard after peaking last year, and a mix of on-chain metrics and chart patterns has traders weighing whether this is panic or opportunity. Deep Losses…<\/p>\n","protected":false},"author":1,"featured_media":10156,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[219],"tags":[220,98,65,73,70,19,150],"class_list":["post-10155","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-altcoin","tag-altcoins","tag-bitcoin","tag-btc","tag-btcusd","tag-crypto","tag-xrp"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/10155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=10155"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/10155\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/10156"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=10155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=10155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=10155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}