XRP had a tense week as whales offloaded 510 million tokens, triggering intense debate over whether the market could absorb the sudden supply shock.
Over several sessions, whales keep trimming positions, and the flows create sharp swings around short-term support.
However, Ripple [XRP] continues holding above the rising trendline, which shows buyers refuse to panic.
Moreover, XRP volatility tightens as the broader market slows. XRP now trades inside a compressed structure, and traders remain sensitive to any shift in whale behavior.
Even so, markets keep watching if additional selling creates deeper stress around the $2.02 zone.
Are buyers absorbing the whale pressure?
Taker Buy CVD strengthened during the week, and buyers absorbed whale supply instead of allowing a deeper slide.
That trend showed steady conviction, which helped XRP maintain balance while large wallets reduced exposure.
On top of that, consistent spot aggression suggested that active buyers expected a rebound inside the triangle. Even so, absorption alone could not sustain the price unless momentum continued to expand.
This left the CVD trend as a vital gauge for short-term direction. Each uptick showed buyers still defended key levels.
As long as CVD dominance stayed intact, XRP retained enough strength to limit breakdown risk near the rising support base.
Source: CryptoQuant
Why does a 71% NVT drop matter now?
The NVT Ratio fell 71.13% to 154.70, improving XRP’s on-chain efficiency at a crucial time.
That shift suggested stronger transactional support, giving XRP some stability despite continued whale selling.
By contrast, falling NVT readings often signaled healthier usage relative to valuation, which supported longer-term resilience.
Even so, markets still required technical confirmation because on-chain strength alone could not drive breakout momentum.
This improvement, however, offered a counterweight to short-term selling pressure as XRP responded to rising network activity.
Source: CryptoQuant
Can XRP break free from its tightening triangle?
XRP compressed inside a symmetrical triangle while price coiled between $2.023 support and $2.218 resistance.
That tightening range highlighted rising tension as MACD attempted a bullish crossover.
Moreover, XRP printed higher lows along the rising trendline, which strengthened structural support. Even so, repeated failures at the descending boundary kept upside limited.
Traders expected volatility expansion as the apex approached, and each candle moved XRP closer to a decisive break.
If momentum improved, buyers could retest upper resistance. By contrast, a breakdown below $2.023 risked a sharper correction.
Source: TradingView
Do surging long positions foreshadow a breakout?
Funding Rates jumped over 127%, showing renewed confidence among long traders.
That surge revealed aggressive positioning, giving XRP speculative fuel during a tight compression phase.
On top of that, rising long interest amplified reactions near resistance and could trigger short squeezes if the price moved above $2.218. Even so, elevated funding created downside liquidation risk if XRP retested support.
Liquidity clusters sat near $2.02 and $2.25, and traders anticipated sharp volatility once either zone was touched.
This combination of strong funding and narrow compression built conditions for an explosive move.
Source: CryptoQuant
To conclude, XRP sits at a pivotal moment as whale selling, strong buyer absorption, improving NVT efficiency, tightening technical compression, and surging long interest collide.
The combined signals lean slightly bullish, and XRP now needs a clean breakout above $2.218 to confirm upward continuation.
Final Thoughts
- XRP entered a phase where structural support, improving network signals, and leveraged positioning pulled in different directions.
- The setup may reward patience, especially as volatility waits for a clear catalyst.
Source: https://ambcrypto.com/xrp-stays-resilient-despite-510mln-sell-off-why-this-zone-matters-now/
