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The price decreased XRP By almost 8% in the past week, and although the last 24 hours have been stable, the absence of red can not be considered a sign of strength.
Charts and series data indicate that XRP Under real pressure, even a group of investors continue to buy the dip.
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Short holders continue to buy – but there is one group that disagrees
“HODL Waves” – a metric that shows how much exposure controls each retention time group – reveals two groups My short terms have steadily increased in purchases XRP All month long.
On October 16, wallets holding… XRP For 1-3 months control 8.94% of the supply. As of November 14, it owns 9.17%.
Another short-term group, the week-to-month group, increased from 3.74% to 5.53% of supply in the same period.
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even if price XRP decrease At 7.8% in the last 30 days, these groups are accumulating, perhaps preparing for short-term rebounds.
But this purchase does not seem strong enough to raise the price for one major reason.
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The change in the net position of holders – a measure that tracks the amount of long-term investors’ supply entering or exiting portfolios – indicates that long-term holders are selling aggressively. It showed a significant negative flow on November 3, when long-term portfolios removed 102.50 million. XRP. Instead of decreasing, flows continue to increase.
By November 14, the number had jumped to 181.50 million XRP: A 77% increase in long-term sales pressure in less than two weeks.
The main reason why the price of XRP is not able to recover: short-term purchases are overwhelmed by long-term exits.
XRP price is feeling the pressure as big funds withdraw
In the folder, XRP is still struggling to break through The $2.26 level, which is a strong resistance at the 0.618 Fibonacci level. The push to the upside is weakening as cash flows quickly disappear.
The Chaikin Money Flow (CMF) index – which measures buying and selling pressure – has fallen sharply since November 10. Now it is in -0.15, which shows cash outflows. The CMF also broke below a downward trend line, indicating that larger investors were withdrawing their investments instead of adding. When the CMF remains negative while breaking trend support, upside attempts usually fail.
If the weakness continues, XRP risks losing $2.17, revealing a deeper move towards $2.06. A break below $2.06 will nullify any short-term upside attempts.
The only way to regain momentum is a clean daily close above $2.38 – a level that the price has rejected several times this month. Breaking above could open the way to $2.57 and flip the structure to the upside.
