XRP Price Holds Above $2 Amid Bearish Market, But Risks Remain as Long-Term Holders Accumulate

XRP Maintains Key Support Above $2 as Long-Term Holders Signal Confidence

Despite a challenging macroeconomic environment for digital assets, XRP continues to hold above the critical $2 mark. This stability comes as long-term holders (LTHs) show resilience, increasing their positions during the ongoing downturn—a sign of potential confidence in XRP’s long-term value.

Investor Behavior Points to Accumulation

Recent data highlights a decline in XRP's Liveliness metric, an indicator that measures how frequently tokens move between wallets. A drop in this metric since February suggests that fewer XRP tokens are being traded, indicating that long-term investors are accumulating and holding rather than selling.

This accumulation trend often reflects belief in future price appreciation, particularly when market sentiment is otherwise subdued. However, while LTHs are absorbing selling pressure, broader market conditions continue to weigh heavily on XRP’s price trajectory.

Technical Indicators Signal Ongoing Weakness

XRP's Relative Strength Index (RSI), a popular momentum oscillator, has remained mostly below the neutral level of 50 for the past two months. Although there have been brief rallies, the RSI continues to linger in bearish territory, showing that buying pressure has not been strong enough to shift sentiment decisively.

This technical weakness, combined with lackluster overall market momentum, paints a cautious outlook. It indicates that XRP might remain range-bound in the near term, barring a significant catalyst to spark renewed investor interest.

Price Action: A Delicate Balance

As of the latest market data, XRP is trading at $2.08—just above its near-term support level of $2.02. The current price range suggests a fragile equilibrium, where the support provided by long-term holders is keeping prices stable, but resistance remains strong at around $2.16.

Should XRP breach the $2.02 support, analysts warn that it may open the door to further declines. A drop to $1.94—or even as low as $1.79—could follow, potentially erasing recent gains and weakening bullish narratives in the short term.

Outlook: Hopeful Accumulation, But No Clear Breakout

While long-term holder behavior indicates growing optimism, the technical landscape remains bearish, keeping XRP in a narrow trading range. Until broader market conditions improve or new bullish drivers emerge, XRP's path appears uncertain—anchored above $2, but not yet ready to break out decisively.