Diamond-Handed: XRP Holders Stand Tall with Bears Not Shaking Them

XRP: On-Chain Data Signals Bullish Momentum from Long-Term Holders Emerging on-chain data suggests XRP could be primed for a bullish phase, as long-term holders stay firm, hinting at potential price reversal despite market challenges. XRP’s liveliness metric recently hit a two-month low, signaling that long-term holders are keeping their coins off exchanges rather than ￰0￱ dormancy reflects strong confidence in XRP’s future, and historically, such periods of low liveliness have often preceded bullish price movements, making it a key indicator for potential upward ￰1￱ Long-Term Holder Net Unrealized Profit/Loss (LTH NUPL) indicates that major XRP holders are sitting on minimal unrealized gains, giving them little reason to ￰2￱ metric, a key measure of holder conviction, suggests that despite market weakness, LTHs remain steadfast, a strong signal that XRP could be poised for a rebound.

Together, these metrics highlight XRP’s on-chain resilience, with long-term holders providing a stabilizing force amid short-term ￰3￱ steadfast positions often signal accumulation phases, which historically precede significant price rallies, positioning XRP for a potential upward move amid intensified accumulation at the $2.70-$3.0 ￰4￱ Technical Analysis: Bearish Pressure Intensifies XRP is showing signs of increasing bearish momentum as recent price action indicates a potential continuation of the ￰5￱ indicators on the 2-hour chart highlight growing selling pressure, signaling caution for traders and ￰6￱ Overview The Ichimoku Cloud , a widely respected trend-following indicator, has turned bearish for ￰7￱ price has decisively moved below the cloud, which historically signals weakness and a higher probability of further ￰8￱ breakdown indicates that XRP has lost key support levels, confirming that sellers are currently in control.

Meanwhile, the Relative Strength Index (RSI) is trending downward, reflecting waning buying ￰9￱ RSI moving lower suggests that bullish interest is fading, and bears may continue to exert influence on the ￰10￱ combination of a bearish Ichimoku Cloud and a declining RSI creates a technical backdrop for potential additional downside ￰11￱ the time of this writing, XRP was trading at $2.76, representing a 3.1% drop in the past 24 hours, according to CoinGecko ￰12￱ XRP’s on-chain metrics reveal a resilient long-term holder base that could underpin a bullish ￰13￱ low liveliness and minimal selling pressure from major stakeholders, the cryptocurrency shows signs of strategic accumulation and market confidence despite currently facing significant bearish pressure.