Overview
- According to CryptoQuant, the largest holders of XRP are increasing their holdings as prices stabilize within the $1.00 to $1.20 range, indicating a period of calm accumulation.
- XRP's realized price is around $0.75, compared to a market price of approximately $1.10, which CryptoQuant identifies as a late-bear-market zone.
- The daily chart reveals a death cross, with prices below both moving averages, suggesting weak trend strength.
Recent research from CryptoQuant highlights a trend among major cryptocurrency holders, including those of Bitcoin, Ethereum, and XRP, who are actively enhancing their portfolios.
Julio Moreno, the head of research at CryptoQuant, noted in a report that these significant holders are increasing their supply as prices hover near or dip below their average acquisition costs. He stated, "This positioning lowers downside pressure and is consistent with the final phase of the cycle's decline," in the firm's weekly analysis.
This suggests that we may be approaching the end of the current crypto bear market.
Specifically for XRP, CryptoQuant observed that spot order sizes remain significant, even as the token trades within the $1.00 to $1.20 range, reflecting a market capitalization of around $66 billion. However, the 90-day taker cumulative volume delta, which tracks aggressive buying and selling, has shifted to a neutral stance. The firm indicates that large, discreet buy orders, combined with balanced buying and selling pressure, suggest a stable accumulation phase—investors are holding their positions rather than fleeing the market, yet they haven't initiated significant price increases either.
This situation aligns with a broader trend. Bitcoin's bear market has been relatively shallow, leading analysts to debate whether the bottom has been reached, echoing the reasoning CryptoQuant applies to XRP.
XRP Price Analysis
As of the latest updates, XRP was trading at $1.05 on Binance, reflecting a 1.4% decline for the day, consistent with Decrypt's previous assessment of the token near $1.10. The daily chart supports this on-chain analysis, indicating a market that is stabilizing rather than deteriorating.
XRP price data. Image: TradingviewThe 50-day exponential moving average is positioned below the 200-day average, creating a death cross pattern. This is typically seen as a bearish signal. XRP's current trading price is situated below both averages, lingering in the $1.30 to $1.60 range. Although a death cross is a lagging indicator, it affirms that the downward trend persists.
The relative strength index (RSI) stands at 39.5, below the neutral 50 mark that separates bullish from bearish momentum, and is nearing the oversold territory (30) without crossing it. The average directional index (ADX) is at 10.4, indicating a lack of strong trend momentum, resulting in a choppy market. Additionally, squeeze momentum is negative, suggesting that volatility is contracting rather than expanding.
The overall trend suggests a late-stage bear market consolidation, characterized by prolonged price flattening. XRP has dropped from approximately $2.20 in early 2026 to a long, stable range around $1. The chart and on-chain data corroborate that whales are accumulating rather than capitulating, indicating a potential bottoming range rather than a further decline.
However, the direction remains uncertain: with XRP’s price below the death cross and negative momentum persisting, there is no clear sign of a turnaround. A daily close above the 200-day EMA, currently around $1.12, would signify the first indication that this accumulation phase is yielding results.
Immediate support is found around $1.04 (the current price and the lower limit of the basing range); a decisive break could lead to $0.9167, then $0.8358. Resistance levels begin at the Fibonacci mark of $1.1145, with a major resistance ceiling at $1.60.
Disclaimer
The opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice.