XRP has climbed back above its average entry price zone, pushing many holders back into profit.

Cointelegraph reported on Monday that XRP rebounded 28 percent from a macro low of $1.12 and recovered a realised price of $1.41.

XRP is trading around $1.42. Realised price is an average entry price measure calculated based on when a coin last moved, and trading above it is seen as moving the average holder out of an unrealised loss zone.

Markets view the recovery of this zone as a signal that could reduce selling pressure. Turning profitable can ease the selling burden for holders who had been in loss and may help holding sentiment recover. XRP previously rose 460 percent from $0.52 to $2.90 in mid-2024 after spending months below its realised price and then regaining that level.

Some analysis says defending the $1.40 area comes first for a bullish scenario to hold. Market analyst Chartnerd said, "The moving averages in the $1.35 to $1.40 zone must hold," and added, "If this price band breaks, the bullish flow could weaken."

Technically, a symmetrical triangle pattern that has lasted more than 2 months is seen as a key variable. XRP is in a zone where it is trying to break above $1.46, the upper end of the triangle convergence. If it breaks above and settles there on a daily closing basis, the next target is presented at $2.24. That is 55 percent above the current price.

Overhead resistance is also clear. Under a technical price model, the 111-day moving average (MA) is at $1.57, the 200-day moving average at $1.88 and the 365-day moving average at $2.22. That means a move that clears each moving average in turn would need to follow even after a break above $1.46.

Conditions to confirm a trend reversal also remain. Buying demand needs to produce a daily close above $1.60, the top of a descending parallel channel, to make a reversal signal clearer. If a break above $1.46 is a short-term technical signal, then a closing settlement at $1.60 is read as a confirmation zone for a shift to an uptrend.

Ultimately, XRP's short-term direction depends less on returning to profit territory than on whether it can hold that status. The fact that the average holder is back in profit is bullish material, but the market is watching $1.40 support, a break above $1.46 and then a closing settlement at $1.60 as the next inflection points.

The key in this move is not the price rebound itself but that a recovery in the average holder's breakeven point and conditions for breaking technical resistance zones have been presented together. XRP has entered a phase where on-chain indicators and chart patterns point in the same direction, but it needs to hold $1.40, $1.46 and $1.60 for the next rally attempt to continue.