Crypto market reclaims $3.8T – RWA sector surges, but ONE token falls short
- XRP long-term and mid-term holders are growing, showing strong conviction despite price stagnation
- Momentum is building, but low trading volume could delay a decisive breakout above $2.23
Ripple [XRP] is quietly laying the groundwork for a breakout.
On-chain metrics suggest that investors are choosing to hold rather than sell, an encouraging sign of growing confidence. As this mature base of holders strengthens, XRP is inching closer to retesting the long-standing $2.23 resistance.
If accumulation continues at this pace, July could mark a pivotal moment in XRP’s trajectory.
A growing commitment
XRP’s investor base is maturing.
The share of addresses holding the coin for 6 to 12 months surged from 6.3% to 19.1% in June, a 12.8% jump that shows mid-term conviction.
This rise points to a maturing base of investors choosing to hold through volatility rather than sell.
Source: Glassnode
Additionally, 3 to 6-month holders are showing similar behavior, suggesting a broader HODLing trend.
These shifts not only reflect optimism for a price rebound but also help stabilize XRP’s price structure ahead of potential upside.
Source: Santiment
Meanwhile, Mean Coin Age (MCA) has been steadily rising throughout the month—an encouraging sign that long-term holders are staying put or even increasing their positions.
Since MCA measures how long tokens remain untouched, its upward trend suggests reduced selling pressure and greater investor patience.
Simply put, the veterans aren’t flinching. Their steady confidence could provide the stability XRP needs to gear up for a potential breakout in the coming weeks.
XRP: Momentum builds, but bulls need volume to seal the deal
XRP hovered just below the critical $2.23 resistance at press time, but signs of momentum are starting to surface.
The MACD flipped bullish, with a positive crossover forming over the past few sessions.
RSI sat around the neutral 50 mark, leaving room for upward movement. However, trading volumes remained relatively muted, a lack of strong conviction from bulls at this stage.
Source: TradingView
For XRP to break out decisively, volume needs to follow through. The technical setup looks promising, but without a surge in buying interest, the rally risks stalling just shy of a major breakout.
