XRP Summary
- Whale accumulation is increasing: The number of XRP Ledger wallets holding at least 1 million XRP has risen by 32 over three months, despite XRP’s market capitalization falling 29%.
- Large holders may be absorbing selling pressure: The divergence between falling market value and rising whale holdings suggests some major investors are accumulating rather than selling.
- RLUSD adds a fundamental catalyst: Ripple’s RLUSD stablecoin is gaining institutional traction alongside Ripple’s payments, custody, and tokenization infrastructure.
- Network activity is surging: XRP active addresses increased 84.18%, from 23,642 on Aug. 1 to 43,543.
- Derivatives exposure is rising: XRP futures open interest climbed to 2.67 billion XRP, worth roughly $2.73 billion, from 2.41 billion XRP on Aug. 1.
Despite XRP’s weak price performance, whale accumulation, rising network activity, and increasing futures exposure point to growing underlying market interest. These developments could provide a bullish setup if price momentum eventually catches up with the improving fundamentals.
XRPUSDT Awaits A Validation At The Record Low Price
On the daily chart of XRPUSDT, the ongoing price action remains bearish, with the most recent price trading below the previous record-low level. Considering the bullish wave in 2024, the price has retraced more than 50% and is hovering near a new low in 2026.
On the other hand, the 1.0000 psychological level has been breached, and investors are keen to identify a potential rebound point in the near term.
The price is trading below the 1.0000 level with corrective momentum after setting a top at 1.1649, which is a crucial resistance level to monitor. Although the most recent price remains below the 1.0000 psychological level, no significant selling pressure is visible, signaling potential exhaustion at the bottom.
This could be a sign that downside pressure is weakening, while corrective momentum may increase the possibility of a bullish rebound.
XRPUSDT Buy Trade Signal
Based on this outlook, investors should monitor how the price interacts with liquidity around the 1.0000 level. Any immediate exhaustion followed by a rebound above the 1.0935 level could present a high-probability long opportunity, targeting the 1.5100 level.
Furthermore, sustained price stability above the 1.2400 level, combined with a rally-base-rally formation, could increase the possibility of forming a new swing high and retesting the 2026 high marked at 2.4227.
