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XRP Showing 2024-Style Bullish Setup Featuring Leverage Flush and Whale Accumulation
Overall sentiment: Very positive
Open original · Olayiwola Dolapo
Published Jul 18, 2026 · Retrieved Jul 18, 2026
finance business technology
- XRP is replicating market conditions that preceded its 790% rally in 2024, signaling potential bullish momentum. Newsworthy Plausible Very positive
- The Estimated Leverage Ratio on XRP Ledger is low, indicating a deleveraging phase similar to the setup before its previous big price run. Newsworthy Reliable Very positive
- Open Interest in XRP futures declined approximately 78% over the past year, reflecting an $8.55 billion outflow of leveraged capital from the market. Newsworthy Reliable Positive
- XRP whales are increasingly influencing the market by dominating spot average order size, suggesting steady accumulation of the asset. Newsworthy Plausible Very positive
- Exchange reserves of XRP fell by roughly 1 billion tokens recently, with about $57 million moved off exchanges to private wallets by whales, indicating quiet accumulation. Relevant Plausible Positive
- XRP's Network Value to Transactions (NVT) ratio stands at 312.8, a low reading that implies the asset is currently undervalued and oversold. Newsworthy Plausible Very positive
- Low transaction volume reflected in the NVT suggests minimal network activity, reinforcing the view of XRP being undervalued at present. Relevant Plausible Positive
- Analysts caution that while indicators mirror previous bullish patterns, they do not guarantee an imminent XRP rally. Relevant Reliable Neutral
Type: standard news · Analysis confidence: 90%