XRP is nearing a significant technical level at $1.38, which has been recognised as a significant support zone based on on-chain and price structure information. Traders and investors shared on February 26, 2026, that $1.38 is an important entrance that could determine the token’s near-term direction.
The assessment references UTXO Realized Price Distribution (URPD) data, which traces the volume of coin last transacted at price levels. The chart shows a notable concentration of supply around the $1.38 range, indicating that a huge number of the assets were earlier earned near this price. Such clusters often act as support, as holders may defend their cost basis during pullbacks.
Also Read: XRP Demand Surges 212% as Institutional Accumulation Signals Possible Supply Shock
Downside Levels of XRP at $1.06 and $0.80
According to CoinMarketCap, at the time of writing, the coin is trading at $1.34 with a 3.49% decrease rate. The daily trading volume of the token is $3.31 billion, and the market cap of the coin has exceeded $81.82 billion.
If the token breaks and closes below the $1.38 support level, technical projections place $1.06 and $0.80 as potential downside targets. These levels match additional high-volume clusters recognised in the URPD data.
The $1.06 zone indicates another area where reasonable transaction volume happened conventionally, indicating potential buying interest if values go back to that level, corresponding to the $0.80 region, which shows a significant aggregation band that earlier acted as a merger area.
On-Chain Data and Market Context
URPD assessment gives insight into traders’ positioning by mapping where coins last moved on-chain. Concentrated supply at certain price levels can indicate areas of potential support or resistance based on holder traits.
The token is one of the largest cryptocurrencies by market capitalization and continues to record major trading activity across major platforms. Price action in XRP often correlates with larger cryptocurrency market trends, especially movements in Bitcoin and Ethereum.
Latest sessions have shown more volatility across digital assets, with investors reanalyzing risk exposure between shifting macro and market conditions. Traders and analysts continue observing price movement around this support area to understand whether buyers defend the level or if selling pressure increases in the coming sessions.
Also Read: XRP Stuck in Descending Channel: Rally to $1.80 or Fall?
