XRP is currently at an interesting crossroads. At around $1.35, it looks fragile on the surface, as if it is still caught in a prolonged bearish pressure.
At the time of writing, XRP is currently trading at $1.3233, up 0.05% since it opened early Tuesday in Asian trading.
But behind the lackluster price action, data reveals a major shift that is quietly taking place.
On platforms like Binance, more and more investors are seen withdrawing their XRP from exchanges and transferring it to personal wallets.
This is no small move, as it clearly indicates that holders of the asset have no plans to sell anytime soon.
In the crypto world, when supply on exchanges starts to dwindle, it is often a sign that selling pressure is easing.
More interestingly, the XRP scarcity indicator has now jumped to 0.59, its highest level since 2024.
This figure is not just a simple statistic, but reflects a change in investor behavior.
While the market was previously flooded with sellers, the situation has now shifted to long-term holders who are choosing to hold on, rather than sell off their holdings.
This change is commonly known as the accumulation phase, a period in which large investors slowly accumulate assets without attracting much attention.
What makes XRP’s situation even more interesting is the clear contradiction between the data and the price chart.
Despite the increasing accumulation activity, the price structure still shows weakness.
Since reaching a peak around $3.90 in July 2025, XRP has continued to form a downtrend with a series of lower highs, indicating that each rise failed to hold.
The support level around $1.15 is still holding for now, serving as an important bulwark against a deeper decline.
But to truly change the narrative, XRP needs to break above around $1.45, a level that could signal that the market is starting to build a new base, rather than simply continuing its decline.
