XRP Whales Buy: Pump Signals?

What to Know:

• Long-term XRP holders accumulated 720 million tokens over three days, signaling strong conviction despite recent price volatility.
• This accumulation occurs within a context of sideways trading and comparisons to historical chart patterns, suggesting a potential breakout.
• Increased buying may impact XRP liquidity and price stability, especially if broader market conditions improve.

XRP has seen notable activity from long-term holders, who have accumulated a substantial amount of tokens recently. This buying spree comes amid a period of relative price stability, with XRP trading in a narrow range. Market analysts are closely watching these developments, drawing parallels to historical patterns that could suggest a significant move ahead.

Accumulation by Long-Term Holders

Between January 9 and January 11, 2026, wallets associated with long-term XRP holders added 720 million tokens to their positions. The most significant accumulation occurred on January 11, with 242.7 million XRP purchased. This contrasts with the preceding three months, which saw consistent outflows from these same holders, indicating a possible shift in sentiment.

Price Stability Amidst Accumulation

Despite the substantial accumulation, XRP’s price has remained relatively stable. Over the past week, it has fluctuated between $2.03 and $2.28. The lack of significant price movement during this accumulation phase suggests a balance between buying and selling pressures in the market.

Historical Chart Pattern Comparisons

Analysts have drawn comparisons between XRP’s current price action and patterns observed in 2016 and 2017. The current reaccumulation range resembles a similar phase before a significant breakout in 2017. This pattern includes a sideways consolidation period, followed by a brief dip below support before a more substantial upward move.

Key Technical Levels

XRP is currently holding above the $2.04 level, with resistance observed at $2.10. The 21-month EMA, which previously supported XRP during the 2018 rally, remains a key level to watch. According to analysts, a loss of the 13-month support base would invalidate the bullish outlook.

Market Context and Liquidity

XRP’s price movements are influenced by broader crypto market trends, including ETF inflows and institutional demand. However, recent trading volumes have been relatively light, and the focus remains on short-term price levels. The accumulation by long-term holders could potentially reduce available liquidity, which might amplify price movements if broader market conditions become more favorable.

Conclusion

The recent accumulation of XRP by long-term holders, coupled with historical chart pattern comparisons, suggests a potentially bullish outlook for the token. While current market conditions show sideways trading, key technical levels and reduced liquidity could set the stage for a significant price movement. Market participants will be closely monitoring XRP’s ability to maintain support levels and break through resistance as indicators of future performance.

Related: XRP Liquidation Imbalance Signals Potential Buy

Source: Original article