XRP Millionaire Wallets Rise for the First Time Since September—What It Means for Price

The broader

The broader crypto market

The above chart shows a small demand zone being formed around the lower support range, which is absorbing the selling pressure. However, the supply zone formed just above this range has kept the price restricted below $2. However, the MACD levels are heading for a bullish crossover, keeping the bullish hopes alive. 

A bullish confirmation could happen only when the rally triggers a clean breakout above the current range, around $1.98. This needs to be backed by a sustained volume expansion, which may bring stability across the markets, reducing the downside pressure. 

Final Verdict!

The return of XRP millionaire wallets marks a meaningful on-chain shift, suggesting that large holders are beginning to rebuild positions after months of distribution. While this points to medium-term bullish potential, price action has yet to confirm the signal. Until XRP price breaks out with conviction and volume, the accumulation remains a developing setup rather than a confirmed trend.

FAQs

Why do large XRP holders matter more than short-term traders?

Large holders typically operate on longer time horizons and can influence liquidity conditions. Their behavior often reflects strategic positioning rather than reaction to daily price moves.

Could regulatory developments affect how this accumulation plays out?

Yes. Any major update related to Ripple or broader crypto regulation could either validate large-holder positioning or quickly reverse sentiment, regardless of on-chain trends.

Does increased accumulation guarantee a price rally?

No. Accumulation increases the probability of volatility, not direction. Price moves depend on whether demand expands beyond a narrow group of large holders.

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