Key facts: XRPUSD $1.30 Support; Vol +6.5% OI -5%; 17% Fall, 8.24M Wallets
Bullish strength: 43/100
- XRP Ledger reached a record 8.24 million non-empty wallets.
- XRP is holding the $1.30 support level.
- Institutional purchases for ETF clients were reported.
- A break above $1.40 with approximately 4,000 or more daily new wallets could support a move toward $1.50.
Bearish strength: 57/100
- XRP fell approximately 17% over the past month.
- Open interest declined about 5% while trading volume increased 6.5%.
- Long liquidations totaled $4.90 million versus $0.887 million in short liquidations.
- Whale exchange inflows and large-holder profit-taking could increase selling pressure.
- A break below $1.30 with fewer than approximately 3,000 daily new wallets would signal weaker adoption.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.