XRP is trading near a key support zone as technical indicators and on-chain data point to a possible volatile move. Analyst Ali Charts said the Tom DeMark Sequential indicator has printed a buy signal on XRP’s daily chart.
The signal usually points to a short relief rebound lasting one to four daily candles. However, other data shows mixed conditions. Network activity has increased, but large XRP holders have also been selling tokens.
XRP recently traded near $1.04 after touching about $1.01 on June 25, its lowest level in 19 months, according to Santiment. The $1.00 to $1.06 range remains central for traders watching the next XRP price move.
XRP Buy Signal Appears on Daily Chart
Ali Charts said the Tom DeMark Sequential indicator flashed a buy signal for XRP on the daily chart. The indicator printed a “9” candlestick, which traders often watch for short-term exhaustion after a price decline.
The analyst said this pattern has historically signaled a one-to-four-day relief rebound. That does not confirm a full trend reversal, but it suggests XRP may attempt to recover if support holds.
Ali Charts also said XRP showed two bullish reversal signals on the daily chart. Along with the Tom DeMark Sequential “9” buy signal, the past three daily sessions formed a Morning Star Doji candlestick pattern, which traders use to identify possible local price bottoms. He said XRP could move toward $1.30 if buying volume increases.
Source: X
In addition, Ali also pointed to the UTXO Realized Price Distribution data, which shows $1.06 as a key support floor. More than 830 million XRP changed hands near that price, making it an important level for market structure.
If XRP holds $1.06, Ali said the buy signal could remain valid and support a rebound toward $1.27 and $1.35. A daily close below $1.06 could increase downside risk toward $0.80, $0.62, or $0.51.
XRP Network Activity Rises
On-chain activity has also increased. Ali Charts said daily active XRP addresses climbed from about 23,000 to nearly 40,000 over the past two weeks, marking an increase of almost 50%.
Concurrently, XRP active addresses rose 72% over two weeks, while open interest fell to its lowest level since July 2025. XRP has held above $1, but the price remains capped below the $1.10 resistance zone.
Santiment also reported a sharp rise in new wallet creation. The firm said XRP Ledger recorded 4,941 new wallets in one day, its strongest network growth spike in more than three months.
Source: Santiment
Santiment said the rise in new wallets came as XRP traded close to the $1 support area. It also noted that social sentiment jumped to 3.7 bullish comments for every bearish comment, showing strong dip-buying interest among retail traders.
Whale Selling Raises Doubts
The rise in network activity has not removed selling pressure. Ali Charts said whales have been distributing XRP even as active addresses increased.
The analyst said large holders sold more than 30 million XRP over five days. He added that the increase in active addresses may reflect whales moving tokens to exchanges to sell, rather than only new buying demand.
This creates a mixed setup for XRP. The daily buy signal and new wallet growth support the rebound case, but whale distribution keeps pressure on the market.
Santiment also said traders need to watch whether the wallet growth turns into real buying pressure or only short-term FOMO. That remains important because XRP is still trading close to the $1 support zone.
XRP ETF Inflows and CLARITY Act Draw Attention
XRP spot ETFs recorded $15.34 million in net inflows on June 29, according to market reports. Bitwise led with $11.94 million, while Canary XRPC added $3.40 million.
Cumulative XRP ETF net inflows have reached $1.485 billion. The inflows show continued institutional interest, even as XRP price action remains weak near support.
Market participants are also watching the U.S. CLARITY Act. Crypto analyst Crypto Crusader said people are missing the bigger picture behind Ripple and XRP, arguing that Ripple is securing global regulatory access before the bill advances.
The analyst said Ripple is “planting seeds for institutional adoption of XRP globally before the real green light happens.” However, the CLARITY Act remains delayed as lawmakers focus on other legislation after the Senate returns from recess.
