xrpholders

XRP’s price remains under downward pressure, declining nearly 10% over the past month despite gaining 1.5% this week. The asset continues to trade within a narrow $2.31–$1.98 range, unable to break higher as opposing market forces create a tightening stalemate.

Whale Selling Creates Strong Headwinds

On-chain data reveals growing caution among major XRP holders:

Wallets holding 100M–1B XRP cut their supply from 8.32B to 8.27B XRP beginning December 7.
Holders of 10M–100M XRP trimmed balances from 11.01B to 10.99B XRP on December 8.

In total, whales have offloaded around 70 million XRP, worth roughly $143 million, in just 48 hours. While not massive in scale, the sell-off comes at a critical point, repeatedly preventing XRP from building breakout momentum.

Accumulating Holders Provide Key Support

Short- and mid-term holders continue to accumulate, reflecting confidence in XRP’s technical structure. HODL Waves data shows:

1–3 month holders: 8.52% → 10.31%
3–6 month holders: 9.40% → 10.87%

These segments usually buy during weakness, suggesting they expect the market to eventually resolve to the upside.

Falling Wedge Signals Potential — but Not Confirmation

XRP remains inside a falling wedge, a pattern that often precedes bullish reversals. However, the current setup is defined by a clear push-pull dynamic:

Whales are capping upside,
Accumulators are preventing breakdowns.

A confirmed bullish breakout requires a daily close above $2.46. If achieved, XRP could target:

$2.61
$2.83
$3.11

The pattern remains valid as long as XRP stays between $2.31 and $1.98. Falling below $1.98 would weaken the wedge and expose the price to $1.82, a key structural support.

Conclusion

XRP’s price movement is currently dictated by two forces: whale distribution delaying upside and steady accumulation supporting the structure. The market will break only when one side decisively outpaces the other. Until then, XRP remains locked in a tightening consolidation phase.

#XRP #CryptoNews #WhaleActivity #Ripple #XRPHolders

$XRP

Japanese financial powerhouse SBI Holdings has unveiled an exciting initiative, offering its shareholders the opportunity to receive XRP as part of their benefits package. Investors holding 100 to 999 shares, or those with at least 1,000 shares for less than a year, can opt for either 2,000 yen worth of XRP or a selection of premium health and wellness products from SBI ALApromo Co.. Eligible participants must be Japanese residents over 18 years old and have, or be able to create, an account with SBI VC Trade Co. to claim their XRP rewards, which are set for distribution by July 31, 2025.
Ripple’s Growing Influence in Japan’s Financial Sector
SBI Holdings has been a long-standing advocate of Ripple’s blockchain solutions, leveraging its technology for cross-border payment services. With over 60 Japanese banks—covering 80% of the nation's banking sector—partnering with Ripple, the integration of XRP into mainstream financial operations continues to strengthen. CEO Yoshitaka Kitao remains optimistic about XRP’s future, suggesting that regulatory clarity regarding its status could trigger a substantial price increase.
XRP Market Outlook & Price Projections
Market analysts suggest that widespread adoption of XRP in Japan’s banking ecosystem could significantly boost demand. According to Gen Abilsav, a notable crypto analyst, partial adoption by banks could elevate XRP’s price to $3-$5, while broader integration—covering 50% of the sector—could drive it to $10-$25. Full-scale adoption across Japan’s financial network may propel XRP’s value to an estimated $50-$100, potentially expanding its market cap into the trillions.
At present, XRP is trading at $2.44, fluctuating within the $2.26 - $2.57 range since February 5. A break above $2.57 could push prices toward $2.96, while a drop below $2.26 might trigger a pullback to $1.97. Despite a 1% decline in the last 24 hours, XRP’s trading volume has surged by over 49%, signaling sustained investor interest and growing momentum in the market.
🚀 With increasing institutional backing and continued adoption, could XRP be on the verge of a major breakout?
#XRP #RippleAdoption #CryptoMomentum #XRPHolders $XRP