Whales are accumulating XRP and Bitcoin as market prices stabilize, hinting at a potential end to the bear market, according to CryptoQuant.
Market Dynamics
- Recent data from CryptoQuant shows that large XRP holders are ramping up their acquisitions as prices stabilize between $1.00 and $1.20.
- XRP's realized price stands at approximately $0.75, with the market price around $1.10, indicating a late-bear-market phase.
- A technical analysis shows a death cross formation, suggesting weak trend momentum with prices below key moving averages.
CryptoQuant's latest research points to a significant trend among major cryptocurrency holders, including Bitcoin and Ethereum, who are actively increasing their positions. Julio Moreno, CryptoQuant's head of research, mentioned that these key investors are buying more as prices hover around or dip below their average acquisition costs. He noted, "This positioning lowers downside pressure and is consistent with the final phase of the cycle's decline," indicating a possible end to the current bear market.
For XRP specifically, despite trading within the $1.00 to $1.20 range, substantial spot order sizes remain present. The token boasts a market capitalization of about $66 billion. Notably, the 90-day cumulative volume delta has shifted to a neutral stance, suggesting that while large buy orders are occurring, there is a balanced market without drastic price movements.
This trend mirrors Bitcoin's relatively mild bear market, leading analysts to speculate that a market bottom may be near.
XRP Price Overview
Currently, XRP is trading at $1.05 on Binance, down 1.4% for the day. This aligns with previous assessments indicating stability near $1.10. The daily chart suggests a market in consolidation rather than decline, though the death cross pattern indicates a bearish outlook as XRP trades below both the 50-day and 200-day moving averages.
The relative strength index (RSI) is at 39.5, nearing oversold territory, suggesting weak bullish momentum. The average directional index (ADX) is low at 10.4, indicating a lack of strong trend momentum and a choppy market environment. Negative squeeze momentum further points to contracting volatility.
This overall picture depicts a late-stage bear market consolidation, with XRP's price having decreased from around $2.20 in early 2026 to a stable range around $1. The accumulation by whales suggests a potential bottoming phase rather than an impending decline, although uncertainty remains due to XRP's price being below the death cross and ongoing negative momentum. A daily close above the 200-day EMA, currently at $1.12, would signal a potential shift in this accumulation phase.
Immediate support is observed at $1.04. A break below this could lead to further declines towards $0.9167 and $0.8358. Resistance levels start at the Fibonacci level of $1.1145, with a significant ceiling at $1.60.
