XRP has struggled to sustain its recovery over the past few days, with the price repeatedly failing to regain momentum near key resistance levels. Despite some hesitation, investor behavior is changing.
Large holders appear to be increasing their exposure, indicating growing confidence that the current price may be an attractive entry point.
Sponsored Sponsored
Give confidence to XRP holders
On-chain data shows a noticeable increase in whale accumulation. Addresses holding between 100 million and 1 billion XRP added approximately 330 million tokens in the past 48 hours.
This accumulation is valued at approximately $642 million and highlights new demand from large investors.
Such actions suggest that XRP whales are taking advantage of depressed prices rather than exiting positions. Accumulation during the consolidation phase often reflects expectations for recovery.
This demand can provide structural support and increase the likelihood of a sustained rebound while reducing downside risk.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
Sponsored Sponsored
Macro indicators further support the constructive outlook. The XRP activity indicator has been declining over the past week, indicating a decrease in coin movement. This trend suggests that long-term holders are shifting away from selling behavior.
Low activity readings often reflect an accumulation or retention pattern. Even a pause in selling by long-term holders can stabilize price trends.
The reduction in circulation absorbs short-term volatility and improves recovery conditions when new demand enters the market.
XRP price could run away
XRP is trading around $1.94 at the time of writing, just below a month-long downtrend that has capped the upside. The immediate recovery target is $2.02. A breakout above this level would indicate renewed strength and trend improvement.
Accumulation by whales and a decline in long-term selling pressure support the bullish scenario. If these factors continue, XRP could rise above $2.02 and towards $2.20. Such a move would mark a clear breakout from the prevailing downtrend.
Downside risks remain if bearish pressures regain control. If the momentum cannot be maintained, XRP could be pushed back toward $1.85. Further weakness could expose the support at $1.79. A loss of this level would invalidate the bullish argument and strengthen short-term downside risks.
