XRP Eyes Breakout as Holders Accumulate, Momentum Builds

Ripple’s XRP Gathers Strength: Long-Term Holders Accumulate as Bullish Momentum Builds

XRP’s Quiet Rally Gains Traction as Long-Term Holders Dig In and Derivatives Turn Bullish

Ripple’s (XRP) price trajectory is starting to look less like a temporary uptick and more like the beginning of a steady, accumulation-fueled recovery. On-chain data, combined with bullish sentiment in the derivatives market, suggests that XRP’s recent price gains may be supported by strong fundamentals — particularly the behavior of long-term holders (LTHs) and consistently positive funding rates.

As technical resistance looms near the $2.32 mark, traders are weighing whether this could be the launchpad for a breakout, or the start of a short-term consolidation phase.

Let’s break down the key metrics driving XRP’s outlook.

Long-Term Holders Step Back as Liveliness Drops

According to data from Glassnode, XRP’s liveliness — a metric used to measure the activity of long-dormant coins — has dropped by 1% between 5 June and 8 June, falling from 0.818 to 0.809.

Liveliness decreases when long-term holders stop selling or accumulate quietly, signaling confidence in the asset’s long-term potential.

This drop is subtle but significant. It suggests that:

Experienced investors are not exiting their positions
Some may be transferring XRP off exchanges, away from easy access to sell
Accumulation is taking place under the surface

This is a bullish on-chain signal, especially as retail-driven rallies tend to be less sustainable than ones backed by patient, strategic capital. The lower liveliness also aligns with a decrease in sell-side pressure, reducing the chance of large-scale liquidations disrupting upward momentum.

Positive Funding Rates Signal Strong Bullish Confidence

The Open Interest-Weighted Funding Rate for XRP has remained consistently positive since 6 June, according to Coinglass. At press time, the funding rate sits at +0.0099%.

Positive funding rates reflect bullish dominance in the perpetual futures market, as long traders pay a premium to short sellers.

This suggests that:

Market participants are expecting prices to rise
Shorts are under pressure to cover or pay to maintain their stance
Derivatives markets are reinforcing bullish sentiment

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Historically, a sustained positive funding rate has coincided with price rallies or strong support zones. When combined with on-chain accumulation signals, this creates a more reliable bullish outlook.

Technical Indicators Show Building Momentum — But Key Resistance Looms

On the daily chart, XRP is facing a notable resistance zone at $2.32, a level it failed to break earlier today.

Key technical metrics:

RSI (Relative Strength Index) currently sits at 54.81 — neutral, but trending toward the overbought zone
The MACD histogram has flipped green, while the MACD line crossed above the signal line, typically indicating short-term bullish continuation
A red daily candle with intraday rejection near $2.32 shows the presence of sellers, despite bullish momentum

If bulls manage to break and hold above $2.32, a move toward $2.60 (previous range high) becomes a realistic target. On the flip side, failure to breach this level could lead to consolidation between $2.10 and $2.32 before another breakout attempt.

XRP’s Market Context: Why This Rally Is Different

Unlike many previous XRP price surges that were largely driven by legal speculation or news hype, this current rally seems to be backed by internal structural strength:

1. Lower Exchange Reserves

XRP exchange reserves have been falling since May, which usually correlates with accumulation behavior.
Lower supply on exchanges means less available for instant sale, reducing selling pressure.

2. Steady Long-Term Accumulation

The drop in liveliness suggests that XRP's experienced holders are showing strong conviction in the asset.
This behavior often precedes significant price increases, as seen in earlier XRP cycles.

3. Spot and Derivatives Markets in Sync

Positive funding rates, increasing open interest, and spot buying trends all align.
When both markets are moving in tandem, the rally becomes less fragile and more reliable.

What Traders Should Watch Next

While XRP’s technical and fundamental setup is increasingly positive, several short-term challenges remain. Here’s what to watch:

1. Breakout Confirmation at $2.32

A clean daily close above $2.32 with volume will likely trigger a move toward $2.60.
Watch for false breakouts, which can trap bullish traders and lead to abrupt pullbacks.

2. Volume Expansion

Volume has been stable but not explosive.
For sustained bullish action, a spike in volume accompanying a breakout is crucial.

3. Continued Funding Rate Health

If funding rates remain positive but not overheated, it indicates healthy market conviction.
Extremely high funding rates could lead to sharp reversals, especially if sentiment becomes too euphoric.

4. Whale and Institutional Flows

Monitor wallets holding 10M+ XRP for movement to or from exchanges.
Large wallet stability often precedes significant price shifts — in either direction.

XRP Outlook: Steady Accumulation May Fuel Next Leg Up

To summarize the current state of Ripple’s XRP:

SignalTrendImplication

Liveliness

Decreasing

Long-term holders accumulating

Funding Rate

Positive

Bullish trader sentiment

RSI

Neutral to slightly bullish

Room for further gains

MACD

Bullish crossover

Momentum building

Resistance

$2.32

Key short-term test

Support

$2.10

Accumulation zone below

Conclusion

XRP is entering a promising phase where quiet accumulation, positive derivatives sentiment, and technical indicators all point to the potential for further upside. However, key resistance levels and the need for volume confirmation mean traders should remain cautiously optimistic.

If bulls can clear $2.32 decisively, XRP could quickly push toward the upper range of $2.60–$2.70. On the other hand, failure to breach resistance may delay the breakout, possibly leading to short-term consolidation.