XRP’s $2.16 price sits in a tight triangle, with MoonBitz eyeing a breakout to $2.94 or a drop to $1.32 as volatility looms.
Long-term holders reaped $300M profits at XRP’s $3 peak in 2024, but $50M daily gains now show short-term traders taking over.
Neutral RSI at 48.84 and 24.04M XRP volume signal caution, with the glass node noting traders await a decisive market move.
XRP’s meteoric rise past $2 has sparked a frenzy of profit-taking, with early investors cashing in big. Glassnode reports long-term holders reaped $68.8M daily in June 2025, signaling strong confidence as the rally reshapes market dynamics.
Profit Realization Peaks Amid XRP Rally
XRP’s price surge has triggered significant profit-taking, with investors capitalizing on gains. According to a post by Glassnode, early holders realized $68.8M daily profits in June 2025. This wave of distribution highlights confidence among long-term investors.
https://twitter.com/glassnode/status/1935717455940223358
From January 2023 to mid-2024, realized profits stayed below $50M despite price spikes. November 2024 marked a shift, with profits soaring past $300M as XRP broke $2.50. This period became XRP’s most lucrative phase, driven by high-margin exits.
Symmetrical Triangle Signals Imminent Breakout
XRP’s price action has formed a symmetrical triangle since March 2025, indicating a potential breakout. According to MoonBitz, XRP trades at $2.16, bounded by $2.00 support and $2.50 resistance. This consolidation reflects tightening volatility and reduced trading volume.
A bullish breakout can send XRP to $2.94, an increase of 41.23%, or even $3.72. A bearish trend can drag prices to $1.32, testing resistances at $1.74 and $1.50. The RSI of 48.84 signifies neutral momentum, with no overbought or oversold signals.
Recent activity on the market shows XRP's price respecting Bollinger Bands, volume 24.04M XRP. The top of the triangle comes near, and traders wait for an explosion in volatility. This formation shows XRP's turning point, with the bulls and bears fighting to gain control.
Long-Term Holders Drive Market Dynamics
Long-term holders have fueled XRP’s profit cycles, especially during vertical rallies. As prices hit $3 in late 2024, consistent distribution kept profit volumes high. High-margin exits in the 100%-300% band dominated this phase.
Between March and May 2025, profit-taking declined, and daily gains fell to between $50 million and $100 million. The price of XRP settled between $2.20 and $2.80 with reduced fluctuation. This consolidation implies that early investors are adjusting their tactics in the face of market equilibrium.
Short-Term Traders Shape Recent Trends
Simultaneously, short-term traders have influenced XRP’s latest movements, focusing on lower margins. Glassnode notes recent profits stem from 0%-20% and 20%-40% bands, indicating momentum-driven activity. This shift highlights a transition from long-term to short-term participation.
XRP’s current price stability at $2.16 aligns with reduced profit spikes, barely hitting $ 50 M. The market’s neutral RSI and tightening Bollinger Bands reinforce this cautious sentiment. Traders now eye the triangle’s resolution for XRP’s next major move. XRP’s price holds at $2.16, with 24.04M XRP in daily volume.
The post MoonBitz: XRP’s $68.8M Profits Target $2.94 Breakout, $1.32 Crash Risk appears on Coin Futura. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
