XRP Breaks Trend Line: 71% of Traders Bet on Price Surge

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The XRP market is showing strong momentum as the asset breaks through a key technical resistance level, signaling potential for further upside. With growing on-chain accumulation, positive funding rates, and overwhelming trader sentiment favoring bullish positions, Ripple’s native token is capturing renewed investor interest. This article dives into the latest price action, market sentiment, whale activity, and critical resistance levels shaping XRP’s trajectory in 2025.

Technical Breakout Confirms Bullish Momentum

XRP has successfully broken out of a descending trend line on the hourly chart (XRP/USDT), marking a significant shift in short-term market structure. This breakout was accompanied by a notable surge in trading volume, reinforcing its validity. High-volume breakouts are widely regarded in technical analysis as strong confirmation signals—indicating that demand is overpowering supply.

👉 Discover how volume spikes can signal major price moves before they happen.

Market analyst CW8900 highlighted that the sudden increase in buying pressure triggered this breakout, suggesting fresh capital entering the market. Since the breakout, price action has formed a series of higher lows, a classic pattern associated with bullish continuation.

Currently, immediate support sits at $2.18**, while resistance is observed near **$2.23. Holding above $2.18 is crucial—if price sustains above this level, it increases the likelihood of testing previous highs between **$2.25 and $2.30**. A failure to maintain support could lead to a retest of lower zones, but current momentum favors upward movement.

Over 71% of Binance Futures Traders Are Bullish on XRP

Market sentiment remains strongly positive, especially among derivatives traders. According to data shared by analyst Ali, 71.54% of Binance futures traders hold long positions in XRP. This high concentration of longs reflects strong confidence in continued price appreciation.

Such elevated bullish positioning often acts as a self-reinforcing mechanism—especially when combined with favorable technicals. As more traders go long, funding rates tend to rise, attracting arbitrageurs and further reinforcing upward momentum.

However, extremely one-sided positioning can also lead to volatility if a sharp reversal occurs. In such cases, widespread liquidations of long positions may amplify downward moves. That said, current conditions suggest resilience: the market is not only holding gains but showing signs of building momentum.

If buying pressure persists and volume remains strong, XRP could retest the $2.30 resistance zone—a level that has historically acted as a psychological and technical barrier.

Whale Accumulation and On-Chain Strength Signal Confidence

Behind the price action lies a deeper story of sustained accumulation by large holders—commonly referred to as "whales." Data from Glassnode reveals that over 300,000 XRP addresses now hold 10,000 or more tokens. This metric has been steadily rising since July 2024, indicating consistent demand from major players.

Even during minor price corrections, the number of large holders continued to grow—demonstrating conviction across market cycles. This kind of resilient accumulation often precedes significant price movements, as whales typically build positions before major rallies.

Moreover, retail investors appear to be following suit. Increased wallet creation and small-scale buying suggest growing retail participation ahead of anticipated developments—possibly tied to regulatory clarity or ecosystem upgrades.

👉 See how whale movements can predict the next big move in crypto markets.

Another critical indicator supporting bullish momentum is the funding rate, which has remained stable and slightly positive since April 2024. A positive funding rate indicates that long positions are paying shorts—a sign of sustained bullish sentiment. When combined with open interest trends, this suggests that new money is entering the market rather than speculative short-term trades dominating activity.

Key Resistance at $2.30 in Focus

Analyst bitgu_ru notes that XRP recently bounced from a critical support zone near **$2.1257**, maintaining its bullish structure. The asset has since consolidated below $2.20 before breaking higher—a pattern consistent with healthy market digestion.

Breaking above $2.23** would open the door to challenge the **$2.30 resistance level, which has capped previous rallies. A decisive close above this level could trigger a new wave of buying, potentially pushing XRP toward uncharted territory in the short term.

Short-term traders are likely watching this zone closely for profit-taking opportunities, while longer-term investors may view any pullback as an entry point. Ultimately, sustained demand—confirmed by volume and order book depth—will determine whether XRP can break through and hold above $2.30.

Frequently Asked Questions (FAQ)

Q: What does XRP breaking the trend line mean?
A: A trend line breakout indicates a shift in market sentiment. In this case, XRP breaking above a descending trend line with strong volume suggests that buyers are regaining control, potentially leading to further price gains.

Q: Why is the 71% long position ratio important?
A: When over 70% of futures traders are long, it shows strong bullish sentiment. While extreme readings can increase volatility risk, combined with technical strength and volume, it reinforces upward momentum.

Q: How do whale accumulations affect XRP’s price?
A: Whales accumulating large amounts of XRP often signal confidence in future price growth. Their buying absorbs supply, reducing available tokens in circulation and increasing upward pressure over time.

Q: What happens if XRP fails to hold $2.18?
A: The $2.18 level acts as immediate support. Losing it could trigger short-term selling pressure and a retest of lower levels like $2.12 or $2.05, depending on market conditions.

Q: Can XRP reach $2.30 soon?
A: Yes—if buying volume remains strong and the market holds above $2.18, a move toward $2.30 is highly probable. However, this level has resisted past rallies, so a breakout may require significant momentum.

Q: Are positive funding rates good for XRP?
A: Slightly positive funding rates suggest healthy demand for long positions without excessive leverage. This supports sustained upward movement and reflects market confidence.

Core Keywords:

With technical strength, robust on-chain metrics, and overwhelmingly positive trader sentiment, XRP is positioned for potential gains in the near term. While risks remain—especially around leverage and external market conditions—the current setup favors bulls aiming for new highs in 2025.

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