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XRP Price Reversal Looms Owing To $600 Million Long-Term Holder Buy

XRP has struggled to recover recent losses, with its Value lacking upward Drive in recent sessions. Despite limited progress on the charts, the altcoin is showing early signs of support. 

Long-term holders are beginning to step in with significant accumulation, suggesting potential Adaptability against ongoing weakness in the broader crypto market.

XRP Key Holders Are Turning Around

Blockchain-based data highlights a shift in XRP’s long-term holder Operations. The HODLer net position change shows that after nearly a month of steady selling, investors with larger positions are returning to accumulation. This turnaround Indications renewed conviction in , particularly at current discounted levels.

Over the past several days, more than $600 million worth of XRP has been acquired by these long-term holders. Such accumulation reflects growing confidence that the cryptocurrency may find strength following this period of weakness. 

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XRP HODLer Net Position ChangeXRP HODLer Net Position Change. Source:

The broader macro Drive also supports a potential . The net unrealized profit/loss (NUPL) indicator is nearing the optimism threshold, which has historically been a point where XRP Value has reversed upward. Current conditions suggest that investors are holding reduced profits, creating a setup that has previously triggered rallies.

The decline in profits often acts as an incentive for new Funds to enter, as lower valuations appeal to buyers. This dynamic has been visible in XRP’s recent Operations, aligning with long-term holder accumulation. 

XRP NUPLXRP NUPL. Source:

XRP Value Needs A Boost

XRP trades at $2.91 at the time of writing, struggling beneath the $2.95 resistance. The asset recently failed to break through the $3.07 resistance, which led to the Value falling back toward current levels. This rejection has left XRP consolidating without strong short-term upward Drive.

Investor support, however, suggests conditions may soon shift. If the $3.07 resistance, flipping $3.12 into support could spark fresh Drive. Such a move may enable a climb to $3.27, positioning XRP for renewed strength after weeks of stalled Value action across the cryptocurrency market.

XRP Value Analysis. XRP Value Analysis. Source: 

If market Decliningness deepens, toward $2.74 or consolidate below $2.95. This outcome would maintain pressure on the altcoin while preventing a breakout. Such Value action would temporarily invalidate the bullish outlook, keeping XRP constrained.

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