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XRP maintained a modest daily gain of 1.06% at the time of writing, trading at $2.82 with daily volume climbing 5.06% to $5.06 billion, according to CoinMarketCap. The token’s market capitalization increased to $168.89 billion, while its fully diluted valuation reached $282.08 billion. A 3.02% volume-to-market cap ratio reflected strong market activity.
The circulating supply stands at 59.87 billion XRP, representing 61% of its 100 billion maximum supply. There are 478.18K active holders, showing continued community engagement. Price movements ranged between $2.78 and $2.83, signaling short-term volatility. TradingView data shows consistent micro-corrections, suggesting frequent short-term trading as XRP holds above the $2.80 support zone.
Still, one question persists: Can the token sustain its momentum as exchange inflows and whale distributions rise sharply?
Market flows show a defensive setup forming beneath the surface. More than 320 million XRP moved to centralized exchanges this week, lifting reserves toward a nine-month high. Such accumulation often indicates traders preparing to sell.
In the same period, whale wallets holding between 1 and 10 million XRP distributed roughly 440 million tokens over the past month. This steady outflow increases available supply and suggests profit-taking among larger holders.
In the meantime, BNB has passed XRP to regain the No. 3 position in the market-cap ranking, with the help of all-time highs on the BNB Chain. The ongoing ambiguity regarding U.S. spot ETF timelines is still taking its toll on the overall perspective of XRP. Rallies into resistance areas may not go down until outflows slow or new catalysts emerge.
On-chain data from Glassnode further depicts volatility. Between September 20 and 21, XRP recorded nearly $98.7 million in long liquidations—the largest single-day wipeout of the quarter. Although short positions also took losses, long traders faced greater pressure.
After the liquidation event, XRP’s price fluctuated between $2.50 and $3.00, then stabilized. The 12-hour liquidation chart revealed continued small-scale liquidations, showing sustained market turbulence. Yet traders remain engaged, maintaining stable range activity amid cautious optimism.
Data shared by Egrag Crypto on X presented a highly bullish long-term setup. The TradingView chart displayed both price and Relative Strength Index (RSI) moving upward, confirming synchronized momentum.
Egrag highlighted a 7-degree slope for price movement and a 9-10-degree slope for the RSI, signaling a strengthening uptrend. The yellow moving average exhibited persistent upward momentum, supported by a trading volume of 156.99 million. Notably, the RSI’s alignment with price action indicated no bearish divergence.
According to the analyst's macro perspective, the next significant resistance that XRP would face was the 4.00 point. Any prolonged close above that would be a breakout of the current recovery process. At this point, XRP is stuck at an average of 2.82, as the market fluctuates, with buyers and sellers trading to stabilize, while the market waits to see what the next step will be.
XRP remains above the $2.80 level, supported by an increasing market cap and high trading volume. On-chain data provides information about defensive flows and the distribution of whales, whereas technical indicators suggest the presence of long-term bullish movement.
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