XRP Bounced Back to $1 — But Millions of Holders Bought Above $2 and Want Out. Here's What That Means

WHY IT MATTERS

Imagine you bought a concert ticket for $200, but the event got postponed and now tickets are only worth $100. If the price starts climbing back toward $200, you'd probably sell the moment you could get your money back, right? That's exactly what's happening with XRP. A lot of people bought it when it was above $2, and now that it's only at $1, they're waiting to sell as soon as the price gets closer to what they paid. This creates a kind of invisible ceiling — every time the price goes up, more people try to sell, which pushes it back down. For new investors, this is an important concept: past buying activity can create future resistance, making it harder for a coin to recover even when things seem to be improving.