Whales Tighten Grip on XRP Supply as Accumulation Signals Breakout

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 20 hours ago

Should l Buy XRP?

Whale Dominance: According to CryptoQuant data, approximately 91% of XRP outflows are from large holders, while retail accounts for only 8%, indicating a significant whale presence that suggests a potential price breakout.
Supply Tightening Impact: Large holders withdrawing XRP from exchanges typically indicates funds are being moved to private wallets or cold storage, which reduces market liquidity and could lead to rapid price increases if demand rises.
Market Structure Shift: Whale-driven outflows signal a transition to stronger hands, which are less likely to react to short-term volatility, suggesting that the market may be preparing for a more substantial move rather than short-lived spikes.
Price Range Compression: XRP is currently trading within a narrow range of $1.38 to $1.44, and while it appears low-volatility, the 70-day consolidation indicates pressure buildup, often foreshadowing an impending price expansion.

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Technical Analysis for XRP

Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 3 indicators are flashing buy, while 1 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

XRP (XRP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1.228	1.287	1.339	1.398	1.451	1.51	1.562
Fibonacci	1.287	1.329	1.356	1.398	1.441	1.467	1.51

About XRP

Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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