XRP Price Faces Critical $1.02 Resistance

The XRP price continues to hover around $1.01 while whale wallets continue to rise, and significant resistance currently stands at $ 1.02.
The price of XRP is currently weak while million token wallets grew by 32 in the last three months.
XRP price holds the $1.00 support while long liquidations cluster around $0.987 and short positions above $1.022.

XRP price is trading near $1.01 as the token remains below key moving averages on the four-hour chart, keeping the short-term structure under pressure. XRP gained 1.4% over 24 hours and had a market capitalization of $63.32 billion, but its price had retreated from around $1.02.

At the same time, data on larger XRP holders showed an increase in million-token wallets during a period when market capitalization declined. XRP Ledger activity also showed a lower NVT ratio, while derivatives data pointed to liquidation clusters both below and above the current trading range.

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XRP Price Remains Below Key Moving Averages

XRP price was near $1.0102 on the four-hour chart, below its major exponential moving averages. The 20 EMA stood at $1.0211, the 50 EMA at $1.0350, the 100 EMA at $1.0519, and the 200 EMA at $1.0740. These levels place several resistance points above the current market price.

Moreover, the Relative Strength Index stood at 39.95, reflecting low momentum. The Price of XRP could not sustain above $1.02 and has dropped back down to $1.01 in recent trades.

The Bollinger Band setup also placed $1.0220 near the middle band and $1.0456 at the upper band. A move above $1.0220 would put $1.03 within the next resistance area identified by the chart data.

Source: Trading View

Support Levels Keep $1.00 in Focus

The $1.0080 Fibonacci 0.5 level is an immediate technical reference, while the 0.618 level was positioned near $0.9986. The lower Bollinger Band stood at $0.9984, creating another support reference close to $1.00.

Below that area, the 0.786 Fibonacci level was around $0.9852, while the earlier technical analysis identified approximately $0.98 as a further downside level.

The chart therefore places several support markers between $1.0080 and $0.98.

$1.0080 marks the 0.5 Fibonacci level.
$0.9986 and $0.9984 mark the 0.618 Fibonacci level and lower Bollinger Band.
$0.9852 marks the 0.786 Fibonacci level.

Million-Token Wallets Increase

On-chain data showed that the number of XRP wallets holding at least 1 million tokens increased by 32 addresses over the past three months. The increase occurred as XRP’s market capitalization fell by approximately 29% during the same period.

Larger holders therefore increased their holdings during the period covered by the data rather than reducing exposure as market capitalization declined. The accumulation data adds a separate dimension to the technical picture, which remained focused on resistance near $1.02 and support around $1.00.

XRP Ledger also maintained institutional use cases involving stablecoins and payments linked to Ripple, custody and tokenization infrastructure. These developments were cited alongside the expansion in larger-holder addresses.

XRP NVT Ratio Falls 4.13%

The XRP NVT ratio declined by 4.13% over 24 hours to 276.4959. NVT measures the network value against transactions, and the reported drop signified an improvement in transaction volume compared to the value of the network.

Source: Cryptoquant

The ratio remained elevated at 276.4959, meaning further declines were identified as important for additional valuation support. The NVT movement occurred alongside the growth in million-token wallets, providing two separate data points from network and holder activity.

Liquidation Liquidity Sits on Both Sides

Derivative positioning showed significant liquidation liquidity below the current XRP price. The liquidation heatmap identified substantial long-liquidation exposure around $0.987, with additional clusters extending across nearby lower levels.

Short-liquidation leverage, meanwhile, increased above $1.022. Several notable short clusters were positioned between approximately $1.027 and $1.045. This placed potential liquidation concentrations on both sides of XRP’s immediate trading range.

The technical levels and derivatives data therefore center on $1.02 as an important market area. A move higher would encounter short-liquidation clusters, while a decline toward the lower support zone could approach concentrated long-liquidation exposure.