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The price of XRP continues to suffer as the general conditions of the cryptocurrency market deteriorate. The code was under stress for several days and was unable to continue recovery attempts.
Despite the continued selling, XRP investors continue to actively accumulate, with the aim of defending key support levels and limiting downside risks.
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XRP holders change their position
The current XRP market outlook remains fragile with settlement data highlighting high downside risks. According to the filter map, XRP traders are faced with buying Great exposure if the price goes down towards $2.00. A dense group of long qualifiers near $2.02, representing approximately $25.4 million in leveraged positions.
Moving into this zone quickly could wipe out bullish confidence. Forced liquidations will increase selling pressure and attract short sellers.
This change is likely to tilt the mood decisively bearish, especially among derivatives traders ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ have maintained their optimism despite XRP’s continued downward trend and weak short-term momentum.
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Despite the short-term weakness, macro indicators point to improving underlying demand. Exchange location change data shows an increase in green bars, indicating net flows from exchanges. This trend usually reflects increasing buying pressure, as investors move XRP into private wallets ​​​​​​​​​rather than preparing assets for sale.
This represents a marked turnaround from the previous three months, when selling pressure was on It dominates the price movement of XRP. Continued accumulation may help stabilize price behavior if broader market conditions do not worsen.
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The move from distribution to accumulation supports the possibility of a recovery scenario in the medium term.
The XRP price may be safe from further decline
The price of XRP is trading near $2.06 at the time of writing, maintaining an active downward trend with a maximum recovery of more than ten days. The symbol continues to hold above the $2.03 support level, which remains crucial for the short-term market structure and traders’ confidence.
This support has withstood several tests in recent weeks, indicating strong investor interest at current levels. The continued accumulation is expected to defend $2.03, Even if you accumulate XRP Close to this range.
A successful rebound could push the price above $2.10, allowing XRP to break the trend and regain momentum.
However, broader market weakness may outweigh these bullish efforts. A decisive break below $2.03 exposes XRP to fall below $2.00.
Such a move would invalidate the bullish thesis, and result in a long liquidation of about $25 million, which could… Pushes XRP to 1.93 Dollars are under increasing selling pressure.
