XRP Spot Buyers Are Getting Stronger While Futures Traders Are Selling – Learn What That $700M Split Means
XRP has been consolidating since early February, building a base that has tested the patience of bulls who have been waiting for a decisive move to higher levels. The market has reached a pivotal moment — and a CryptoQuant report identifies a structural split in the data that changes how we should interpret the current consolidation. The recent bounce from the $1.30–$1.35 zone is technically relevant. That area has acted as a consistent demand region, with multiple tests holding despite broader market volatility. The formation of slightly higher lows since mid-March indicates early accumulation, though not yet strong enough to break the broader downtrend.Related Reading
Overhead, resistance remains well-defined. The 50-day and 100-day moving averages are both trending downward and converging near the $1.50–$1.60 region, creating a dynamic ceiling that has rejected recent upside attempts. Until XRP reclaims this zone, the structure remains neutral-to-bearish on higher timeframes.
Volume has declined throughout the consolidation, reinforcing the idea of a market waiting for a catalyst. A breakout above $1.50 would likely trigger expansion toward $1.70. Failure to hold $1.30, however, would expose XRP to a deeper retrace toward the $1.10 region.
Featured image from ChatGPT, chart from TradingView.com
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