XRP (XRP) traded at $1.50 on Tuesday, a 3% rise up to now 24 hours as its reduction rally stalled at $1.60. Nonetheless, rising community utilization and rising holder accumulation may present a spark which will see the worth lastly break $1.50-$1.60 resistance.
Key takeaways:
XRP Ledger non-empty wallets hit new highs
Santiment reported that the variety of each day lively addresses on XRP Ledger (XRPL) rose to a five-week excessive of 46,767, as the rise within the community exercise coincided with a worth transfer that noticed the worth climb to a four-week excessive of $1.60.
The variety of non-empty addresses on XRPL has reached 7.7 million for the primary time.
“XRP Ledger now has greater than 7.7M holders (non-empty wallets) for the primary time in its 13+ 12 months historical past,” Santiment said in an X put up on Tuesday.
The onchain information supplier mentioned this reveals that the community’s “utilization continues to develop,” even during times of market downturns, suggesting buyers have been capitalizing on dips to purchase XRP at a reduction.
This aligns with aggressive accumulation by long-term buyers who’ve elevated their holdings because the US and Israel-Iran war began.
A pointy spike within the XRP holder web place change may be seen on March 1, exceeding 351 million XRP, marking its strongest single-day accumulation since Feb. 1.
XRP holder web place change tracks the 30-day provide shift amongst long-term buyers, with optimistic readings indicating web accumulation.
In the meantime, XRP whales, entities holding giant quantities of tokens, have purchased extra because the starting of March.
The chart under reveals that XRP’s Whale Stream 30-day transferring common (30DMA) turned optimistic in March for the primary time since November 2025, ending 4 months of persistent promoting.
This may occasionally proceed to spice up XRP’s worth within the coming weeks, notably when coupled with declining balances on exchanges, which have dropped to ranges final seen in Could 2021.
XRP worth must flip $1.60 into help
Information from TradingView reveals XRP trying to breach the $1.50-$1.60 resistance that has capped the worth for over six weeks.
XRP worth “wants to maneuver above the $1.51 resistance,” analyst CryptoWZRD_ said in a latest X put up, including:
“Holding above that degree would supply a fast rally in the direction of the $2.0 resistance.”
The final time the XRP/USD pair reclaimed this degree was in December 2024. It rallied 90% in lower than per week. In April 2025, it served as a launchpad for a 64% XRP worth rally, as proven within the chart under.
Analyst CW8900 said the realm between $1.50-$1.52 was a giant “promote wall” for XRP, including:
“If it breaks by way of this promote wall, there isn’t a different resistance till $1.95.”
This degree aligns with the measured goal of a rounded backside chart sample and the 200-day simple moving average (SMA).
Earlier than reaching this degree, bulls have to push the worth above the sample’s development line at $1.60, validating the breakout.
As Cointelegraph reported, a decisive break above the higher development line of a falling wedge at $1.60 would shift the bulls’ focus to the measured goal at $2.55 subsequent, probably ending the downtrend.
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