XRP Builds Pressure in Re-Accumulation Zone as Whales Position for Next Big Move
- Re-Accumulation Phase: Market analyst Crypto Patel highlights that XRP is entering a re-accumulation phase often overlooked by the market, with prices repeatedly absorbing selling pressure in a strong demand zone between $1.10 and $1.30, indicating potential for strong expansion momentum.
- Price Compression: Currently trading at $1.46, XRP has risen 3.85% over the past week, with price action compressed into a 70-day consolidation range, often viewed as a coiling phase that can precede a stronger directional breakout.
- Whale Activity: On-chain data indicates that large holders are quietly positioning themselves, as rising whale-driven outflows signal accumulation rather than distribution, tightening available supply and potentially leading to sharper price reactions when demand picks up.
- Market Expectation Divergence: While Crypto Patel sees long-term targets in the $10–$20 range during a strong bull phase, the market remains divided on future movements, necessitating close attention to supply-demand balance and potential price volatility.
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Technical Analysis for XRP
Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 5 indicators are flashing buy, while 0 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 |
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