XRP is seeing large outflows from exchanges, a positive signal but the network and individual users are decreasing.
The resistance around $2.30 is difficult to overcome, making XRP in an accumulation phase, with complex movements between on-chain indicators and market sentiment.
MAIN CONTENT
XRP struggled at the $2.27–$2.32 resistance zone, putting pressure on the upside.
Over 1 billion XRP outflow from exchanges signals strong accumulation.
The decline in network activity and NVT reflects low on-chain demand.
Can XRP Break Above Resistance Levels That Are Causing Bullish Momentum?
Technical data shows that the $2.27–$2.32 resistance zone was the biggest obstacle for XRP in June and early July. According to the analysis of cryptocurrency market data expert at TradingView (2025), selling pressure in this zone continuously rejected breakout attempts.
The downward trend in trading volume over the past 5 months shows that XRP is in the accumulation phase, needing a new cash flow push to overcome the key resistance level.
XRP is currently entering a critical phase, if it fails to successfully break out of the $2.3 resistance zone, the sideways or corrective trend will continue in the short term.
Nguyen Van Nam, Cryptocurrency Analyst, 7/2025
What is the impact of cash flow and network activity on XRP price?
More than 1 billion XRP have been transferred from exchanges, indicating that large money flows are moving to long-term holdings. This is a positive sign, supporting the possibility of a new bull run in the future.
However, transaction activity on the network is declining significantly, with a high Network Value to Transaction (NVT) index – a sign of declining network usage. This limits the resilience of real demand at the On-chain layer.
The lack of cash on the exchange but slowing network activity shows that the retail market is cooling down, affecting XRP's bullish momentum.
Cryptocurrency Periodic Report Analysis, 6/2025
Which Technical Indicators Are Supporting XRP's Uptrend?
The On-Balance Volume (OBV) and Relative Strength Index (RSI) indicators over the past week have begun to show signs of recovery, with the RSI crossing above the neutral 50 level confirming the positive trend is forming.
This opens up an opportunity for swing traders to consider fresh buys if XRP firmly reclaims $2.32 as support. However, trading volume remains low and further confirmation is needed for the bullish momentum to be sustainable.
How do legal troubles affect XRP value?
Legal disputes between Ripple and agencies such as the SEC, the US Department of Justice (DoJ), along with the lawsuit with Linqto have put negative pressure on XRP prices. According to Ripple CEO Brad Garlinghouse (2025), resolving these cases is important to regain investor confidence and facilitate long-term growth.
The unclear legal status makes it difficult for XRP to make a strong breakthrough in the near future, increasing the risk for short-term Holders.
XRP Factor Crypto Market Standard Exit Flow Over 1 Billion Tokens Usually Under 500 Million Tokens in Accumulation NVT Index Rising, Network Activity Declining Value Stable or Declining, Network Activity Good Key Resistance $2.3 Clear Resistance, Usually Accompanied by Volume Growth
Frequently Asked Questions
Can XRP break above $2.30 in the short term? There is still a lot of pressure, we need momentum shown by volume to confirm the breakout. What does the withdrawal of money from the exchange mean? It shows that whales or large investors are switching to long-term holding, preparing for the next price increase. How does the decrease in on-chain activity affect the price? Identifying low real demand, which can make it difficult for the price to break out sustainably. How does Ripple's legal situation affect XRP? Prolonged disputes cause investor sentiment instability, reducing liquidity and attractiveness. What are the important technical indicators to watch for XRP? RSI, OBV and trading volume are indicators to pay attention to to determine the trend.
Source: https://tintucbitcoin.com/xrp-lieu-pha-vo-23-usd/
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