
Jakarta, Pintu News – XRP has been moving sideways over the past few days, with price movements reflecting more market indecision than conviction in a particular direction. This consolidation pattern is likely to continue, but the dynamics behind it are now starting to change.
Unlike the previous sideways movement phase which was driven by loss pressure and fear, the current sideways condition shows a more positive and constructive feel.
XRP whale activity in the past nine days has begun to slowly show bearish tendencies. Wallet addresses holding between 100 million and 1 billion XRP were recorded to have sold over 220 million tokens collectively in the period.
Read also: DOGE Price Soars 4% Today: Dogecoin Active Addresses Skyrocket 176% in a Week!
This whale sale value of $305 million reflects a modest but clear weakening in the conviction to keep XRP among the largest and most influential holders.
Even so, the pace of sales is still relatively measured and not yet aggressive. However, the gradual distribution of the whale group on such a large scale still creates consistent selling pressure, limiting XRP’s upside room.
As long as this group has not returned to accumulation, the gradual unwinding of assets will continue to be an obstacle for XRP to print a significant breakout above the current resistance level.

Meanwhile, the Realized Profit/Loss Ratio recorded realized profits for XRP holders for the first time in a month. This ratio was at its highest level since January, indicating that holders managed to exit their positions at prices that were above their initial capital.
Regardless of whether this sell-off was carried out by short-term or long-term holders, the impact still carries quite constructive market implications.
Historically, the realization of profits in the midst of a bear market is often viewed as a positive signal. Successful profit-taking usually attracts an influx of new capital, as other investors begin to rotate into the asset at current price levels.
This dynamic of capital rotation is likely to help maintain price stability and may gradually form the demand foundation needed to support a more sustainable recovery phase ahead.

XRP price is currently at $1.39 and has been moving in a limited range for almost a month, between $1.43 resistance and $1.34 support. As of now, neither the bullish nor the bearish camps have shown enough conviction to break the structure.
Read also: Ethereum Price Jumped 6% Today: Here’s How ETH Moves from Crypto Analysts
The current price zone has formed a fairly solid balance point, so a significant catalyst is needed to determine the next direction of movement.
Mixed signals from investors suggest that this consolidation phase is likely to continue. Pressure from whale selling and capital rotation driven by profit-taking appear to be balancing each other out, keeping XRP contained within its current price range.
This has kept XRP from falling sharply, but at the same time has limited the chances of a breakout in the near future.

The change in the position of the 20-day EMA to a support area could be an early bullish signal worth noting. If the whale selloff begins to subside, XRP has a chance to break the $1.43 level and continue its rise towards $1.51, which will also invalidate the sideways movement scenario and confirm the potential for a short-term bullish reversal.
Follow us on Google News to stay up to date with the latest in crypto and blockchain technology. Check Bitcoin price, usdt to idr and tokenized nvidia stock price through Pintu Market.
Enjoy an easy and secure crypto trading and crypto gold investment experience by downloading the Pintu crypto app via Play Store or App Store now. Also, experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro.
*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.
Reference: