XRP has delivered its strongest price movement in months, outperforming much of the cryptocurrency market as trading volume returned and sentiment improved. The speed of the recovery has already changed the conversation from whether XRP could collapse toward $0.70 to whether it will ever trade below $1 again. Neither question can be answered by looking at a single green candle, because price alone does not reveal whether demand is sustainable, whether financial institutions are accumulating, or whether the broader market has entered a lasting recovery. To reach a reasonable conclusion, we must examine what was happening before the rally, what changed beneath the surface, and which price level would confirm that XRP has genuinely escaped the bear market.
For months, I remained extremely cautious about XRP’s price after uncovering the movement of dormant Bitcoin wallets that ultimately ended the bull run to an end.
Two days before this move, I published a video explaining that a significant change was developing underneath XRP’s disappointing price action. While retail investors were losing confidence, the number of addresses holding at least one million XRP had increased from approximately 2,006 to 2,038 within several months. Technical indicators remained mixed, but the on-chain evidence showed that the largest wallets were accumulating while market cap was declining.
That divergence led me to conclude that a major movement was approaching, and XRP subsequently became the top-performing assets in the market. You can watch my previous analysis here, where I presented the data before the breakout occurred:
On-chain analysis must be interpreted carefully rather than treated as a perfect identification system. Nevertheless, an expanding population of million-XRP wallets during a prolonged price decline is more consistent with accumulation than broad distribution, particularly when smaller holders are simultaneously reducing their exposure.
The importance of this pattern becomes clearer when placed within XRP’s history. During previous periods of extreme pessimism, large holders accumulated while retail investors focused almost entirely on falling prices and negative headlines. XRP traded near $0.17 during the market collapse of 2020, before the SEC filed its lawsuit against Ripple in December of that year. One of my greatest XRP position was accumulated around that price area, when confidence in XRP t was already exceptionally weak. XRP later advanced above $1.80, producing a return of more than ten times from the lower region without requiring the underlying market to become optimistic first.
🔒 Continue reading to unlock:
My largest XRP purchase during the SEC panic
How years of accumulation placed me among XRP’s top wallets
Why Bitcoin’s latest breakout is fundamentally different
The critical level that could end the bear market
My final verdict on whether XRP will fall below $1 again
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