Key Insights:
- Ripple (XRP) breaks key trendline with increased buying volume.
- 71% of Binance Futures traders are positioned long.
- Whale accumulation and favorable funding rates support upside momentum.
XRP price continues its upward trend by breaking through a crucial falling trendline, which appears on the hourly chart. Binance Futures trading data shows that investors have a positive outlook on XRP.
Over 71% of their positions are long-term. With on-chain accumulation rising and funding rates turning positive, momentum is building toward further upside.
XRP Breaks Out of Downtrend with Strong Volume Support
A short-term descending trendline shows a breakout positive signal according to the 1-hour XRP/USDT chart. This technical move is often viewed as a sign of a reversal or continuation of bullish momentum.
The market analyst CW8900 confirmed that the breakout triggered a sudden increase in trading volume. It resulted in stronger breakout confirmation.
Buyer interest has been growing since the breakout because the price structure shows forming higher lows. Near-term support exists at $2.18 while the main resistance point sits near $2.23.
Experts predict further XRP price increases as the market holds above a key support level. This stability strengthens the chances of continued gains.
Binance Futures Traders Lean Heavily Bullish
Analyst Ali’s data shows that over 71.54% of Binance Futures users hold XRP in extended positions. This indicates strong investor confidence in the asset.
Traders with bullish positions at this level expect the price to rise soon. Market sentiments that find support from technical movements tend to follow broader market movements.
The analysts explain that the trendline breakout triggered additional trading activity across the market. The future price movement of Ripple relies on sustained market volume.
If momentum holds, it could retest previous highs between $2.25 and $2.30. XRP price may experience a reduction of its short-term bullishness if it fails to maintain support at $2.18.
Whale Accumulation and On-Chain Confidence Growing
Glassnode’s on-chain data confirms that over 300,000 XRP addresses hold 10,000 or more tokens. This suggests substantial accumulation among XRP holders.
Rising continuous buying behaviors from large holders explain the observed increase. This key metric has been steadily increasing from July 2024 up to May 2025.
The number of large XRP addresses has increased continuously with minor temporary price declines. The accumulation pattern persisted through all market price movements to show continuous growth.
High numbers of new investors building positions before major events indicate that pocketed investors continue to accumulate tokens. Market sentiment and funding rate statistics suggest that the price will rise positively.
XRP’s open interest-weighted funding rate has been signaling favorable conditions since last April. Long positions in the Bull market create positive funding patterns that support short positions.
This shift from negative to steady, favorable funding rates shows that many traders are confident about the market. XRP price exhibits upward price movements in harmony with changes in the funding rates.
Positive funding, increased large-holder addresses, and strong futures positions signal growing market support. These factors are likely to keep pushing prices higher.
Analysts Watch Key Resistance Near $2.30
According to analyst bitgu_ru, XRP has restored itself from the vital support zone at $2.1257. The price maintained its consolidation below $2.20.
At the same time, analysts predict that staying above $2.18 will defend short-term momentum. The price clearing $2.23 will create potential for traders to challenge the $2.30 resistance.
Short-term traders use these established high points as opportunity areas for taking their profits. XRP can begin a new upward trend once consistent buying pressure pushes the price past current resistance levels.
Sustained demand is key to triggering this breakout. Both volume levels and market support must show strength to validate the price movement.
Disclaimer
This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.
