XRP experienced a remarkable 600% rally between October 2024 and January 2025, driven by hopes of a pro-crypto presidency. However, current data indicates declining investor interest, with many holders facing losses. Since its bottom in 2022, both Bitcoin and XRP have surged 500% to 600%, but XRP's gains largely resulted from a dramatic price spike. Recent figures from Glassnode reveal a 490% increase in daily active XRP addresses, contrasted by a modest 10% rise for Bitcoin. Unfortunately, since late February 2025, capital inflows into XRP have significantly decreased, leading to a decline in realized profits. The market shows signs of retail confidence waning, and large holders have been offloading positions, amounting to over $1 billion in the past two weeks at an average price of $2.10. XRP has tested the $2 support level multiple times but may struggle to maintain it as bullish signs have diminished. Still, short-term charts suggest a potential relief rally, while longer-term trends appear bearish, indicating possible price targets around $1.07. The importance of maintaining the $2 support level remains crucial.

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