- XRP price remains weak near yearly lows, but whale activity is rising as large holders accumulate into market pessimism.
- Spot Taker CVD has flipped buy-dominant, suggesting early demand strength beneath fragile price action.
- $2.00 remains the critical support level, with downside risk toward $1.80–$1.90 if bulls fail to reclaim key moving averages.
At first glance, XRP’s chart doesn’t inspire much confidence. Price keeps drifting lower, momentum looks tired, and retail interest has clearly thinned out. But according to a new CryptoQuant report, what’s happening beneath the surface is far more nuanced than the candles suggest. While smaller traders hesitate or step away entirely, XRP whales are doing the opposite — staying active, trading aggressively, and in many cases, accumulating into weakness.
That disconnect matters. Historically, XRP’s most meaningful recoveries haven’t started during excitement or optimism. They’ve emerged during periods of frustration and pessimism, when large holders quietly build exposure while sentiment feels outright broken. And right now, that familiar setup seems to be forming again.
Whale Accumulation and CVD Shift Hint at a Possible Bottom
The latest data shows a clear uptick in whale-driven transaction volume just as XRP trades near its yearly lows. Instead of exiting positions, high-value wallets appear to be repositioning. That’s not how speculative momentum behaves — it’s how long-term positioning usually looks.
CryptoQuant points out that whales rarely accumulate aggressively during strong uptrends. They prefer moments like this, when prices are depressed, narratives are negative, and liquidity is thin. Buying into that environment suggests confidence that downside may be limited, even if price action hasn’t caught up yet.
Backing that up is a notable change in XRP’s Spot Taker CVD. The metric has flipped to taker-buy dominant, meaning buyers are now more willing to hit the ask instead of waiting passively. That kind of shift often appears before broader rallies take shape. It signals growing urgency from buyers — not loud, not euphoric, but persistent.
Taken together, rising whale activity and a strengthening CVD trend paint a more constructive medium-term backdrop, even if the short-term chart still looks rough.
Price Action Remains Fragile as XRP Tests Key Levels
From a technical standpoint, XRP is still very much under pressure. Price remains stuck below the 50-day, 100-day, and 200-day moving averages, which tells you bullish momentum hasn’t returned yet. Throughout November and December, repeated rejections at the 50-day MA have reinforced how heavy overhead resistance still is.
The $2.00 zone has become the line in the sand. XRP has tested this level multiple times over the past month, and each retest shows less volatility than the last. That suggests sellers are losing aggression — but buyers haven’t stepped up enough to spark a real rebound either.
If $2.00 fails cleanly, XRP could drift toward the $1.80–$1.90 range, an area where price previously consolidated during the early phase of the 2025 rally. Volume trends support that caution. Sell-side spikes remain noticeable, while buy volume stays muted, reinforcing the broader downtrend for now.
For XRP to meaningfully shift direction, bulls need to reclaim the 50-day moving average and start printing higher lows. Until that happens, whale accumulation alone isn’t enough. It needs to translate into visible spot demand — otherwise, the risk remains skewed to the downside, even as smart money quietly positions in the background.
In short, the chart looks weak, sentiment feels heavy, but the behavior of large holders suggests the story may not be over yet.
