XRP Gears Up for a Breakout Battle at the 2 Billion Sell Wall — What’s Next for Price?

XRP price recently rebounded to $1.43 after hitting a low of $1.27, but remains down 18% over 30 days, trapped in a range due to a hidden bearish divergence on the daily RSI.

Despite this technical weakness, underlying conviction appears to be returning. XRP ETFs saw significant net inflows in February ($58.09 million) and a modest start to March ($6.97 million), indicating institutional interest persists. Concurrently, the on-chain liveliness metric is declining, suggesting long-term holders are accumulating rather than selling.

Furthermore, large whale cohorts (holding 10M-1B XRP) began accumulating on March 1, adding 1.30 billion XRP just below the critical resistance zone. This resistance is a supply cluster of approximately 2 billion XRP accumulated between $1.58 and $1.60. A decisive daily close above $1.61 would signal absorption of this wall, potentially leading to a rally toward $1.70 or $2.16; however, failure to hold the critical support at $1.27 could see prices revisit $1.11.

(Source：BeInCrypto)