The altcoin market has been one of many main losers on this bear market, with large-cap cryptocurrencies like XRP, BNB, and Solana taking a major share of the losses. In reality, TradingView knowledge reveals that the TOTAL3 index (representing the crypto market capitalization, excluding BTC, ETH, and stablecoins) has fallen by greater than $544 billion throughout this bear market correction.
As highlighted by a preferred pseudonymous analyst, this dynamic appears to be altering, with capital repositioning since early February (and the TOTAL3 market cap surging by about $125 billion in that interval). Based on the crypto pundit, XRP is likely one of the altcoins to keep watch over in the course of the ongoing market shift.
Is A Return To $3.12 Doable For XRP In 2026?
In a Quicktake submit on the CryptoQuant platform, crypto analyst Darkfost defined that, regardless of the bettering dynamics, a number of buyers are nonetheless betting towards the altcoin market for the time being. This development is obvious within the XRP Funding Charges metric, which is at present experiencing its longest and most detrimental run in years.
The Funding Charges metric measures the periodic payment exchanged between merchants within the derivatives marketplace for a specific cryptocurrency (XRP, on this case). A detrimental funding charge means that brief merchants are dominating the market and betting towards the asset’s worth, capturing an general bearish sentiment.
Darkfost wrote within the Quicktake submit:
Right here, funding charges are aggregated over a 30 day interval with a view to higher seize the prevailing sentiment amongst derivatives merchants.
Darkfost revealed that the XRP Funding Charges on Binance, the world’s largest cryptocurrency change by buying and selling quantity, have remained detrimental for the previous three months. This has been the case regardless of the altcoin’s worth rising by greater than 27% over the identical interval.
Supply: CryptoQuant
Based on the on-chain analyst, a powerful setup like this, particularly after such a deep correction because the 50% drop in 2026 Q1, might be a sign {that a} potential reversal is on the horizon for XRP. Darkfost highlighted that this situation has performed out up to now (as lately as April 2025), when the altcoin’s worth fell to round $1.95, earlier than a bullish restoration that sparked a 126% rally.
If historical past had been to repeat itself, the present Funding Charges setup may see XRP’s worth greater than double over the subsequent few months. A 126% transfer from the present worth level would see the altcoin reclaim the $3.2 mark.
XRP Worth At A Look
As of this writing, the value of XRP is round $1.42, with no important motion up to now 24 hours. Based on knowledge from TradingView, the cryptocurrency is up by greater than 2% up to now seven days.
The worth of XRP on the every day timeframe | Supply: XRPUSDT chart on TradingView
Featured picture from iStock, chart from TradingView
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