The post Will it keep price above $1.50? appeared on BitcoinEthereumNews.com. XRP (XRP) traded at $1.50 on Tuesday, a 3% rise in the past 24 hours as its reliefThe post Will it keep price above $1.50? appeared on BitcoinEthereumNews.com. XRP (XRP) traded at $1.50 on Tuesday, a 3% rise in the past 24 hours as its relief

Will it keep price above $1.50?

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

XRP (XRP) traded at $1.50 on Tuesday, a 3% rise in the past 24 hours as its relief rally stalled at $1.60. Still, growing network usage and increasing holder accumulation could provide a spark that may see the price finally break $1.50-$1.60 resistance.

Key takeaways:

XRP Ledger non-empty wallets hit new highs

Santiment reported that the number of daily active addresses on XRP Ledger (XRPL) rose to a five-week high of 46,767, as the increase in the network activity coincided with a price move that saw the price climb to a four-week high of $1.60. 

The number of non-empty addresses on XRPL has reached 7.7 million for the first time.

“XRP Ledger now has more than 7.7M holders (non-empty wallets) for the first time in its 13+ year history,” Santiment said in an X post on Tuesday.

The onchain data provider said this shows that the network’s “usage continues to grow,” even during periods of market downturns, suggesting investors were capitalizing on dips to buy XRP at a discount.

XRP Ledger: Total number of holders vs. active addresses. Source: Santiment

This aligns with aggressive accumulation by long-term investors who have increased their holdings since the US and Israel-Iran war began. 

A sharp spike in the XRP holder net position change can be seen on March 1, exceeding 351 million XRP, marking its strongest single-day accumulation since Feb. 1.

XRP holder net position change. Source: Glassnode

XRP holder net position change tracks the 30-day supply shift among long-term investors, with positive readings indicating net accumulation.

Meanwhile, XRP whales, entities holding large amounts of tokens, have bought more since the beginning of March.

The chart below shows that XRP’s Whale Flow 30-day moving average (30DMA) turned positive in March for the first time since November 2025, ending four months of persistent selling.

XRP Whale Flow. Source: CryptoQuant

This may continue to boost XRP’s price in the coming weeks, particularly when coupled with declining balances on exchanges, which have dropped to levels last seen in May 2021.

XRP price needs to flip $1.60 into support

Data from TradingView shows XRP attempting to breach the $1.50-$1.60 resistance that has capped the price for over six weeks.

XRP price “needs to move above the $1.51 resistance,” analyst CryptoWZRD_ said in a recent X post, adding:

The last time the XRP/USD pair reclaimed this level was in December 2024. It rallied 90% in less than a week. In April 2025, it served as a launchpad for a 64% XRP price rally, as shown in the chart below.

XRP/USD daily chart. Source: Cointelegraph/TradingView

Analyst CW8900 said the area between $1.50-$1.52 was a big “sell wall” for XRP, adding:

This level aligns with the measured target of a rounded bottom chart pattern and the 200-day simple moving average (SMA).

XRP/USD daily chart. Source: Cointelegraph/TradingView

Before reaching this level, bulls need to push the price above the pattern’s trend line at $1.60, validating the breakout.

As Cointelegraph reported, a decisive break above the upper trend line of a falling wedge at $1.60 would shift the bulls’ focus to the measured target at $2.55 next, potentially ending the downtrend.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.

Source: https://cointelegraph.com/news/xrp-holders-hit-record-7-7m-will-price-break-1-60?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

Market Opportunity
XRP Logo
XRP Price(XRP)
$1.485
$1.485$1.485
-1.89%
USD
XRP (XRP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.