- Net Realized XRP Profit/Loss shows $845M daily sell-offs mark monthly peak
- Liveliness indicator hits four-month high as long-term holders distribute
- XRP trades at $3.13 with critical $3.00 support level under pressure
XRP confronts mounting selling pressure following a sharp retreat from its all-time high, with daily sell-offs reaching $845 million according to Net Realized Profit/Loss data.
The massive liquidation volume marks one of the highest single-day exits this month, indicating widespread profit-taking among investors.
Current price action shows XRP maintaining a precarious position just above the psychological $3.00 support level. The altcoin’s sideways consolidation comes after failing to sustain momentum toward its $3.66 all-time high achieved earlier in the cycle.
Long-Term Holder Distribution Signals Trend Shift
The Liveliness indicator has reached a four-month peak, tracking increased movement from long-term holders who typically maintain stable positions during market volatility. This uptick suggests previously dormant XRP wallets are becoming active, contributing to distribution pressure across the market.
Long-term holder behavior often serves as a leading indicator for price direction, as these investors possess large token quantities accumulated during lower price periods. Their decision to exit positions at current levels creates additional supply that must be absorbed by new buyers.
The shift from accumulation to distribution patterns indicates reduced confidence in XRP’s ability to achieve new highs in the near term. Historical data shows that periods of elevated Liveliness often precede extended consolidation phases or deeper corrections.
Technical Support Faces Critical Test
XRP’s current position above $3.00 support remains tenuous given the volume of selling activity and long-term holder exits. The level has not been frequently tested during the recent rally, making its strength uncertain under sustained pressure.
A breakdown below $3.00 could trigger additional selling as stop-loss orders activate and psychological barriers break. Technical analysis points to $2.65 as the next major support zone if current levels fail to hold.
However, successful defense of $3.00 support could provide a foundation for recovery attempts. Market participants are monitoring this level closely as a key determinant of short-term price direction.
Bullish momentum would require a break above $3.41 resistance to signal renewed upward movement toward the all-time high. This level would need to be reclaimed with strong volume to convince investors that the correction has concluded.
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