Ripple’s XRP Defies Market Sell-Off Trends

XRP showcases resilience, maintaining stability and attracting attention amid a broader crypto market downturn and sell-off.

• Despite the cryptocurrency market’s sell-off last week, XRP holders stuck onto their tokens.
• The persistence of investors might be attributed to probable positive triggers in 2025.
• XRP may retest its all-time high resistance if it breaks over the top border of a crucial symmetrical triangle formation.

Ripple’s XRP is up 6% on Tuesday, according to a variety of on-chain indicators, indicating that investors in the remittance-based coin hung onto their holdings despite the overall crypto market sell-off last week.

XRP investors show resilience in recent crypto market sell-off

XRP investors were calm despite last week’s market sell-off caused by the Federal Reserve’s plan to decrease interest rates just twice in 2025.

Unlike most other cryptocurrencies, where investors quickly sold their holdings, most XRP investors kept their tokens, as seen by the decline in XRP Dormant Circulation throughout all coin age cohorts. This statistic rises when investors sell their tokens quickly and falls when they hang on to their assets.

XRP Dormant Circulation & Mean Coin Age. Source: Santiment

A similar trend can be seen in the XRP Mean Coin Age indicator, which calculates the average number of days all XRP coins spent in their present addresses. This indicator has gradually grown since December 12, showing that XRP investors are somewhat inclined to accumulate rather than sell.

Notably, whales have collected more than 260 million XRP tokens in the last five days.

XRP Supply Distribution. Source: Santiment

The tendency toward accumulation comes as XRP investors maintain an average profit of more than 300% in the face of a crypto market sell-off. Despite the unfavorable attitude in the cryptocurrency market, XRP investors are becoming more resilient.

XRP Weighted Sentiment. Source: Santiment

The holding attitude might be attributed to impending possible positive triggers, such as the prospect of an XRP ETF in 2025 and President-elect Donald Trump and a new Securities and Exchange Commission (SEC) administration taking office on January 20th.

Investors may have already booked big gains between November 30 and December 17, resulting in reduced distribution for XRP (see chart below).

XRP Network Realized Profit/Loss. Source: Santiment

XRP’s uptrend resumption dependent on breakout above key trendline

According to Coinglass statistics, XRP liquidations totaled $6.6 million in the last 24 hours. Liquidated long and short positions were $2.02 million and $4.58 million, respectively.

Following a rejection around the psychological threshold of $3.00 on December 3, XRP is consolidating in a symmetrical triangular pattern. The remittance-based coin is presently seeking to move higher after bouncing off the triangle’s support trendline at $2.1.

XRP/USDT daily chart

IIf XRP breaks over the top border of this triangle formation, it might rise to challenge its all-time high resistance of $3.55. However, a drop below the trendline’s lower border might precipitate a major drop to the $1.35 support level. If such a scenario occurs, the $1.96 level and the 50-day Simple Moving Average (SMA) might provide critical support.

The Relative Strength Index (RSI) momentum indicator is slightly over neutral, implying that bullish momentum is modestly dominating. Meanwhile, the Stochastic Oscillator (Stoch) is slightly below neutral, indicating that a shift to bullish domination is coming.

Read more: Bitcoin Hits $98K Amid $100B Christmas Crypto Recovery