While the cryptocurrency market focuses on the macro trends of Bitcoin and Ethereum, a 'silent elephant' is quietly building strength: XRP. Over the past week, a strong signal from on-chain data has been conveyed—long-term holders (LTH) are choosing to stand firm rather than exit.


This is not just a simple rebound, nor a short-term speculation by funds, but a structural return based on long-term belief. Have you not noticed it? That's okay, smart money has already taken action in advance.


On-chain activity is declining, and LTH remains rock-solid.


According to the data, since June 5, XRP's 'activity' index has declined by about 1%, dropping to 0.809 on June 8. This index is primarily used to measure the activation frequency of 'dormant coins,' that is: whether a large number of holders have begun to transfer or sell their long-held tokens.


The continuous decline in activity now indicates that long-term holders are choosing to remain steadfast, even transferring tokens off exchanges, refusing to return their chips to the market. This is a clear signal: chips are 'settling down.'



Using Mlion.ai's on-chain behavior tracking module, one can monitor LTH movements in real-time, identify structural changes in capital inflows and outflows, and provide early insights for trend asset positioning.



The derivatives market shows a clear increase in long sentiment.


If the accumulation in the spot market reflects value belief, then the data from the derivatives market reveals the expected direction of speculators.


Since June 6, XRP's open interest (OI) weighted funding rate has consistently remained positive, currently around 0.0099%. This indicates:


  • Long holders are paying fees to maintain their positions.


  • The market's mainstream sentiment leans towards bullish.


  • Institutions and high-frequency traders are still positioning for XRP's short to mid-term opportunities.



In the Mlion.ai strategy visualization tool, a large amount of capital can be seen concentrated around the $2.3-$2.4 range. Once this resistance level is broken, XRP may initiate a new upward trend.


Bullish signals are gradually appearing in the technical analysis, but critical testing is present.


From a technical perspective, XRP's current RSI stands at 54.81, indicating that buying pressure still has room to grow, but is approaching a sensitive area of battle between bulls and bears. Meanwhile, #MACD has just turned into green bars, with bullish crossovers beginning to show signs.


However, the current candlestick shows a slight bearish pattern, with prices being pressured around $2.32, which happens to be the lower edge of the historical resistance zone, becoming a key resistance level in the short term.


If this threshold cannot be forcefully reclaimed, XRP may enter a high-level consolidation phase. However, as long as LTH continues to hold, buying pressure will gradually accumulate, creating momentum for subsequent breakthroughs.



With Mlion.ai's AI strategy visualization feature, you can upload your candlestick chart and quickly receive analysis of key technical levels and breakout probability predictions, helping you seize opportunities in XRP's volatile market.



Market trend analysis: Is this round of rise 'for real'?


This time, XRP's rise is no longer a meme hype or a game of regulatory negativity, but is accompanied by:


  • LTH remains silently positioned.


  • The derivatives market is optimistic.


  • On-chain capital outflow.


  • Technical indicators are forming bullish cross expectations.



These factors together constitute a structural repair market, especially when the entire cryptocurrency market has not yet fully strengthened, making XRP's counter-cyclical behavior even more precious.


The core focus of the market has now shifted—**Can XRP break through $2.32?** Once it successfully stabilizes and rises in volume, the next target will be the $2.6-$2.8 range.



Conclusion:


#xrp is proving through action that it has not exited the stage, but is waiting for a trigger point—everything has quietly brewed in the on-chain data.


While the mainstream market is still watching, why not open Mlion.ai's data dashboard to track the behavior of large holders, changes in financing rates, trading strength, and market sentiment, gaining early insights into this lurking opportunity.



Disclaimer: The content of this article is for information sharing only and does not constitute any investment advice. The cryptocurrency market is highly volatile, and investments should be made cautiously.