- XRP’s price action shows clear support near $2.15 and resistance around $3.
- On-chain clusters reveal steady investor accumulation at lower bands.
- Derivatives data show cautious optimism with strong long bias among traders.
XRP is still trading in a wide band of consolidation, and remains stable between several major levels between 2.15 and 3. The market data represents good structural backing and controlled optimism with traders weighing short-term precautions and long-term accruals.
On-Chain Data Points to Defined Accumulation and Resistance Zone
Analyst Ali (@ali_charts) shared the latest XRP Cost Basis Distribution Heatmap from Glassnode, offering an evidence-based look at where most investors have positioned their holdings. The data maps out key supply clusters that shape market behavior beyond traditional price indicators.
The chart shows a dense zone of accumulation around $2.15, signaling where long-term participants tend to buy and hold during downturns. This level acts as an anchor, forming a reliable support floor since most holders in this area resist selling at a loss.
Conversely, the upper cluster between $2.80 and $3 marks an area of consistent resistance. Many traders who entered positions during prior peaks use this region to reduce exposure or take profits, adding sell-side weight when price approaches it. These two regions define the structural boundaries of XRP’s current market cycle.
Market Range Reflects a Phase of Reaccumulation
The black price line plotted over the heatmap captures XRP’s journey through 2025.The token strongly rallied in early May, peaked in mid-July, and has been in a steady correction phase ever since. Each retracement toward the $2.15 zone has found renewed buying interest, reaffirming investor confidence in that area.
Failed breakouts around $2.80 suggest a ceiling that price has yet to clear. This back and forth trend often results in a reaccumulation phase – a period as volatility narrows and both the bulls and the bears find a balance before a breakout.
Provided that XRP trades above the $2.15 position with increased volume, then it will be more likely to retest and rise to around the $3 level. An established close beyond that range of resistance might change the mood to the upward resurgence.
Exchange Metrics Show a Period of Composure and Bullishness.
As of writing, XRP is trading around $2.51, with an average increase of 0.24% per day even though it has been pulled back over the last few days. The asset is still down approximately 17% over the last month but has been making an impressive increase of 389 percent in annual performance, which highlights the stable performance over the long-term.
On Binance, the long/short ratio stands at 2.499, while top traders’ positions show a higher 2.8941 — a sign that many expect continuation of the current uptrend. OKX data presents a more balanced 1.41 ratio, reflecting a healthier distribution between bullish and bearish sentiment.
There are no heavy liquidations and the total squeeze is approximately $133,000 in the past hour, and the trading Binance is dictating the spot trading activity with a volume of more than $718 million daily. All these numbers create an image of a stable derivatives market and a steady involvement of both retail and institutional investors.
