XRP Maintains Positive Cost Basis, Shows Market Resilience Despite Slowing Momentum
XRP continues to demonstrate notable resilience in the cryptocurrency market by maintaining a positive 6-month cost basis. As a result, a significant share of XRP holders remain in profit, setting the cryptocurrency apart amid widespread declines affecting peers like Bitcoin, Ethereum, and Solana. While technical indicators—such as a declining RSI, bearish MACD, and oversold Stochastic RSI—signal that the recent uptrend’s momentum may be waning, on-chain data shows ongoing accumulation, with over 300,000 addresses holding 10,000 or more XRP. This hints at rising institutional interest and speculation surrounding a potential spot XRP ETF. Although short- and mid-term moving averages point to a sell bias, XRP maintains support at key price levels, offering some stability. Macro factors, such as improving US–China trade relations and possible monetary easing, could provide future tailwinds. For crypto traders, the mixed outlook means that long-term holders might remain optimistic, but short-term traders should watch for corrections or trend reversals. XRP’s positive cost basis and accumulation trends make it a crucial cryptocurrency to monitor as broader market dynamics evolve.
Neutral
While XRP has maintained a positive cost basis and shows signs of resilience compared to other major cryptocurrencies, technical indicators reveal that bullish momentum is fading, potentially leading to a correction. Continuous accumulation and growing institutional interest, possibly connected to ETF speculation, offer long-term support for XRP. Nonetheless, short- and mid-term signals, as well as key support level risks, make the short-term outlook neutral to cautious. Macro factors may provide future upside, but traders should remain vigilant for signs of trend reversals.