XRP prices have grown 2.8% over the past 24 hours and 3.2% over the past week, indicating new strength. This move is a set-up that is often seen before a bullish reversal, just as the charts are approaching forming one of the most powerful tech patterns in play.
If confirmed, this could raise XRP to a new all-time high of nearly $3.75, surpassing the previous peak that formed two months ago.
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Holder shift: Long-term sellers recede, short-term buyers intervene
The most obvious indication of strength comes from the used coin age band, a metric indicating the number of old coins sold on the blockchain. On September 16th, long-term holders of the group for 180-365 days moved around XRP of approximately 12.59 million.
Two days later, the figure fell to 118,000 XRP, dropping by 99%.
This is impressive XRP prices have increased by more than 430% over the past year. The long-time investors have made huge profits, but now they have chosen not to sell. This pause shows confidence that higher prices could still come.
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At the same time, the HODL wave, which shows the percentage of supply held by different age groups, reveals new buyers intervening. The week to month cohort had increased from 2.61% to 4.88% by September 7th.
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This shows that while older holders are sitting firmly, short-term investors are actively adding supply, creating a balance of convictions and fresh demand.
XRP price faces a key neckline near $3.21
On the charts, the XRP pushes the reverse head and shoulder neckline, which is nearly $3.21. Daily closures above this level confirm bullish inversion patterns.
Using head-to-neckline measurements, the breakout projects a target of around $3.75. This marks an all-time high of nearly 21% from current levels and an increase in XRP prices.
Support is $2.94 on the level of the right shoulder. A drop below $2.69 (pattern head) disables bullish XRP pricing.
If XRP clears $3.21 cleanly, a combination of ease of sales pressure, short-term holder demand, and bullish chart setup will ultimately help you raise your XRP price to the most powerful level ever.
