XRP Nears Critical Test as On-Chain Data Hints at Bottom
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In crypto markets, XRP trades around $1.33 as on-chain data—falling exchange balances and steady network activity—suggest the long downtrend may be stabilizing and the token is entering a consolidation phase. Strong ETF inflows and fading whale activity indicate a shift in market structure, though mixed signals and weak trading activity leave near-term direction uncertain.
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- XRP holds near $1.33 as falling exchange balances hint that selling pressure may be starting to ease.
- Mixed on-chain signals leave XRP at a crossroads, with weak trading activity offsetting bullish metrics.
- ETF inflows stay strong while whale activity fades, signaling a shift in XRP’s market structure.
XRP is showing signs of a possible turning point, according to CryptoQuant analyst PelinayPA, as on-chain data suggests the long downtrend may be stabilizing. The token is trading close to $1.33 while exchange balances keep falling and network activity stays steady.
PelinayPA said XRP has now entered a consolidation phase after months of sharp price swings. The analyst noted that the token has been moving in a narrow range around $1.33. This suggests the market is no longer driven by strong buying or selling pressure. Instead, price action has settled into a holding…
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