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XRP’s Momentum Faces Crucial Test As OBV Hints At Cooling Accumulation Phase
XRP’s OBV rose sharply from 0B to 12B, reflecting strong accumulation before stabilizing within an ascending channel.
IncomeSharks notes XRP “looked stronger than majors” as OBV remains bullish but close to its lower support boundary.
Egrag Crypto notes both price and RSI making higher highs, confirming ongoing buyer control and market strength.
XRP shows strength as technical indicators show both resilience and caution within its ongoing uptrend. According to IncomeSharks, the cryptocurrency has “looked stronger than a lot of majors,” with its On-Balance Volume (OBV) still trending upward. However, analysts noted that the asset is “flirting with danger,” hinting at potential short-term pressure despite the broader positive structure.
XRP’s OBV Maintains Upward Channel
Data from late 2024 to early 2025 shows XRP’s OBV surged from nearly zero to around 12 billion, indicating a strong accumulation phase. This sharp increase indicated sustained buying pressure, likely fueled by increased trading activity and bullish sentiment
Source: IncomeSharks on X
The OBV later stabilized within an ascending channel between 12 billion and 17 billion, suggesting consistent but moderated accumulation over time.
Notably, the midline trend within the channel indicates a balance point between buying and selling volumes. Recent movement shows OBV retreating toward the lower boundary near 12 billion, implying mild distribution or profit taking
Despite this pullback, the indicator is above its long term support line, which still supports a broadly bullish structure. The ongoing trend suggests that while momentum has cooled, the underlying demand is steady as XRP consolidates within the range.
Technical Structure Shows Market Equilibrium
The rising channel formation on the OBV chart shows a market still underpinned by long term accumulation. The sustained pattern indicates that investors continue to hold positions despite short-term retracements
However, market analysts caution that a breakdown below the 12 billion level could weaken the trend’s strength. On the other hand, a move above the 16 to 17 billion range may lead to renewed buying activity
This would suggest growing participation and confidence among traders, especially if accompanied by higher trading volumes. The OBV trend, therefore, remains a key gauge of whether XRP maintains its upward trajectory or changes into a broader consolidation phase.
Analyst Notes RSI Confirms Uptrend Strength
Analyst Egrag Crypto noted another factor supporting XRP’s structure, the RSI. According to Egrag, both XRP’s price and RSI are currently making higher highs, a sign of “strong bullish momentum.” He explained that such alignment means buyers are in control and that the trend maintains health without any bearish divergence.
This synchronization between price and RSI, combined with OBV’s overall positive formation, shows a market still supported by volume strength. However, with OBV nearing its lower boundary, it remains to be seen whether XRP sustains its accumulation pattern or enters a cooling phase heading into year-end.
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