Will XRP Sustain Levels Above $1.50?
An assessment of on‑chain activity, whale behavior and technical barriers as the token edges toward a pivotal resistance zone.
Market snapshot
On Tuesday, XRP nudged up to $1.50, marking a 3 % gain over the previous 24 hours. The rally that had earlier pushed the price to a four‑week high of $1.60 appears to have stalled, leaving traders to wonder whether the token can cement a foothold above the $1.50‑$1.60 corridor that has acted as a ceiling for the past month and a half.
On‑chain fundamentals
- Holder count hits a record – Data from analytics firm Santiment shows that the number of XRP wallets holding a non‑zero balance surpassed 7.7 million for the first time in the ledger’s 13‑year history. Daily active addresses also rose to a five‑week peak of roughly 46,800, indicating heightened usage even amid broader market weakness.
- Long‑term accumulation – Glassnode’s 30‑day net‑position metric for long‑term investors turned sharply positive at the start of March, with a single‑day spike of more than 350 million XRP on March 1 – the strongest net inflow since early February.
- Whale inflows reverse – CryptoQuant’s 30‑day moving average of whale flow flipped to a net‑buy stance in March, ending a four‑month stretch of net selling that began in late‑2025. At the same time, the proportion of XRP held on exchanges has contracted to levels not seen since May 2021, suggesting that large holders are removing tokens from trade‑able pools.
Collectively, these on‑chain signals point to a growing base of investors who are using price dips to increase exposure, a pattern that historically precedes short‑term upward moves in the cryptocurrency market.
Technical landscape
The price now wrestles with a resistance band spanning $1.50‑$1.52, a zone that has acted as a “sell wall” for several weeks. Analysts on X (formerly Twitter) argue that a decisive close above $1.51 would clear the immediate obstacle and set the stage for a sprint toward the next major resistance near $2.00.
Key technical thresholds:
| Level | Significance |
|---|---|
| $1.51‑$1.52 | Current resistance / sell wall; breaking this range could trigger a momentum boost. |
| $1.60 | Upper trendline of a falling‑wedge pattern; a break here would validate a bullish breakout and align with the 200‑day simple moving average. |
| $1.95‑$2.00 | Next resistance cluster; if $1.60 is cleared, these levels become the next hurdle. |
| $2.55 | Measured target from the wedge pattern, representing a potential longer‑term upside if the downtrend fully reverses. |
The last time XRP reclaimed the $1.51 level was in December 2024, a rally that delivered a 90 % gain in less than a week. A similar breakout in April 2025 produced a 64 % increase, underscoring the potency of this price band as a catalyst for rapid appreciation.
Outlook
- Bullish scenario – Should the token break cleanly above the $1.60 trendline, technical models suggest a trajectory toward the $2.55 objective, with the $2.00‑$2.10 area acting as intermediate resistance. Continued net accumulation by whales and a declining exchange balance would further reinforce upward pressure.
- Bearish scenario – Failure to breach the $1.51‑$1.52 wall could see price revert to the $1.40‑$1.45 range, where previous support has held. A resurgence of selling pressure from large holders or a broader crypto‑market downturn could also drag the token back below $1.50.
Given the convergence of record holder numbers, renewed whale buying and a clear technical gate at $1.60, many market participants view the coming weeks as a decisive test for XRP’s ability to stay above the $1.50 threshold.
Key takeaways
- Record adoption – XRP’s non‑empty wallets topped 7.7 million, while daily active addresses reached a five‑week high, indicating expanding network usage.
- Net long‑term buying – The 30‑day net‑position indicator turned sharply positive in early March, the strongest inflow since February 2025.
- Whale sentiment shifts – Whale flow moved into net‑buy territory for the first time since November 2025, complementing a drop in exchange‑held XRP to near‑2021 lows.
- Technical barrier – The $1.51‑$1.52 range remains a critical resistance; a clean break above $1.60 would validate a bullish pattern and open the path toward $2.00‑$2.55.
- Potential catalysts – Continued accumulation, reduced on‑exchange supply and a breakout of the falling‑wedge formation are the primary drivers that could keep XRP above $1.50 in the short term.
The analysis above is based on publicly available on‑chain data and chart patterns. It is intended for informational purposes only and should not be construed as investment advice.
Source: https://cointelegraph.com/news/xrp-holders-hit-record-7-7m-will-price-break-1-60?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound
