beincrypto.com
$XRP has experienced heightened volatility over the past several days, reflecting a clash between selling pressure and long-term accumulation.
Price swings have remained contained, but recovery remains uncertain as investors react differently to shifting market conditions. Despite these challenges, $XRP has managed to preserve its broader uptrend since the start of 2026.
$XRP Holders Exhibit Mixed Sentiment
Selling pressure has been a clear headwind for $XRP this month. Exchange balance data shows that $XRP holdings on centralized platforms have increased by roughly 206 million tokens since January began. Total exchange balances now stand near 1.66 billion $XRP, signaling sustained distribution.
At current prices, this movement represents approximately $430 million worth of $XRP being positioned for sale in less than two weeks. Such consistent inflows to exchanges often reflect waning confidence among short-term participants. If this behavior persists, it could weigh on price by increasing near-term supply.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
$XRP Balance On Exchanges">
This pattern suggests many investors are opting to de-risk rather than hold through uncertainty. Elevated exchange balances typically coincide with profit-taking or defensive positioning. For $XRP, this selling has so far capped upside momentum, even as the price avoids deeper declines.
While short-term selling remains evident, longer-term metrics paint a more balanced picture. The HODLer Net Position Change has been printing stronger green bars since early January. This indicates that long-term holders are accumulating or holding rather than distributing.
This behavioral shift among older wallets has helped absorb a portion of the sell-side pressure. Long-term holders often act as stabilizers during volatile phases, limiting downside moves. Their conviction has increased since 2026 began, counteracting the impact of exchange inflows.
$XRP HODLer Position Change.">
$XRP Price Uptrend Continues
$XRP trades near $2.11 at the time of writing, holding above the key $2.10 support level. Price action has respected an upward structure since the beginning of the month. Maintaining this level remains critical for preserving the current trend.
Mixed signals suggest $XRP could continue forming higher lows over time. However, if selling pressure intensifies, the token may enter a consolidation phase. In that scenario, the price would likely range between $2.10 support and $2.20 resistance.
$XRP Price Analysis.">
A more bullish outcome depends on sellers stepping back. If exchange inflows slow and demand improves, $XRP could bounce from $2.10 and reclaim $2.20. A confirmed break would open the path toward $2.31. Recovering losses from November 2025 near $2.50 remains possible, though it may require patience and sustained accumulation.
The post Over 200 Million $XRP Has Been Sold This Year, Yet Price Uptrend Is Surviving appeared first on BeInCrypto.