After a long period of silence, XRP has once again returned to the market hotspot list. Multiple on-chain data and technical indicators are releasing the same signal: 'Accumulation has started, and the market critical point may be approaching.' But the question is, is all of this really enough to support XRP in breaking through the long-standing resistance of 2.3 USD?
From technical structure, on-chain indicators to exchange behavior, we might be able to see clues about the direction in the coming weeks.
Foreign exchange reserves are decreasing, and funds are starting to 'flow back to XRP'.
First of all, from the on-chain capital flow perspective, XRP's exchange outflow data shows a clear trend: institutions and large holders are withdrawing funds from exchanges and choosing to hold coins and wait. Although the outflow scale in June was lower than in May, the overall direction is still 'net outflow', which is usually seen as a signal for accumulation.
At the same time, Mlion.ai's on-chain analysis module shows that in the past week, the number of XRP whale wallets transferring to cold wallets increased by 12.3%, significantly higher than the market average. This trend indicates that short-term selling pressure is decreasing, and long-term holders' confidence is strengthening.
In addition, the network value to transaction volume ratio (NVT) has also declined recently, indicating that XRP's network utility is surpassing its current valuation, gradually revealing the phenomenon of being 'undervalued'.
Technical aspect: The structure still leans bearish, and key resistance has not been broken.
Although the on-chain accumulation signal has strengthened, from the daily chart, XRP is still in a bearish fluctuation structure.
The RSI is currently hovering around 50.8. Although it has just crossed above the 'neutral' line, it has not yet formed a real upward momentum.
Although the OBV (On-Balance Volume) has shown higher lows for two consecutive months, it has not yet broken through the March high, indicating that buying power has not yet reached a dominant position.
More critically, XRP is currently approaching an extremely important supply zone — between 2.28 and 2.36 USD. This area is not only a previously dense transaction area but also coincides with the 38.2% Fibonacci retracement level (based on the drop from 3.4 USD to 1.61 USD in 2025), forming a structural resistance level.
If it cannot effectively break through this area, the price is very likely to fall back again and retest the support at 2.1-2.15 USD.
Two-week liquidation heatmap: Liquidity pressure is brewing a directional breakout.
By observing the Mlion.ai derivatives heatmap analysis tool, we found that the liquidation accumulation zone over the past 14 days is significantly concentrated between 2.29-2.36 USD, which is a range with great potential for inducing long/short positions.
Historical experience tells us that in such high-density liquidity areas, once a price movement is triggered, it often comes with explosive volume and violent fluctuations. Coupled with a slight increase in the current open interest data, this may indicate that a 'small breakout' is brewing.
But the key lies in: is it a continuation rally after breaking above, or a quick pullback after a 'fake breakout'?
Mlion.ai's AI strategy diagram function can help users automatically draw strategies in this 'directionally ambiguous' market through technical points such as MACD crossover positions, Bollinger band width, and Fibonacci retracement levels, setting better profit-taking/stop-loss intervals.
Future market projection: XRP must make three key moves to 'turn the tables'.
Combining current data and structure, if XRP wants to truly break upwards and stabilize above 2.3 USD, it must at least meet the following conditions:
The price must stabilize above 2.36 USD with increasing trading volume; otherwise, it may break and then fall back.
OBV must synchronize and break above the March high, showing true capital momentum.
RSI must continue to operate above 60 to build medium-term upward momentum.
If any of these three are missing, even if there is a short-term surge, it could easily form a bearish reversal near 2.4 USD, retesting the 1.95-2.05 USD area.
At this critical juncture, Mlion.ai's AI daily report function can help users track XRP's capital changes, news trends, and key technical breakout points daily, enhancing risk control and judgment capabilities.
Summary
XRP is currently in a stage of 'technical bottoming' and 'on-chain accumulation', but it is still one step away from a real breakout.
Investors may take advantage of Mlion.ai's multi-dimensional data dashboard and AI strategy diagram tools to closely monitor liquidation hot zones, key resistance levels, and on-chain trading flows to assist in decision-making. Especially in the range trading phase, risk control and precise entry and exit are particularly important.
Perhaps, the real breakout will only come when the 'accumulation + policy + funds' triple resonance occurs.
Disclaimer: The above content is for information sharing only and does not constitute any investment advice. The market has risks; caution is required when entering.