Will the price stay above $1.50?

XRP (XRP) traded at $1.50 on Tuesday, up 3% over the past 24 hours, with a rally halted at $1.60. Still, growing network usage and rising reserves could provide the spark that could finally break the $1.50-$1.60 resistance.

Main Receptors:

XRP holder addresses reached a record 7.7 million as daily active addresses reached a five-week high.

Analysts say XRP bulls should return to $1.60 as support.

XRP Ledger has reached a new high of non-empty wallets

Sentiment reports that the number of daily active addresses on the XRP Ledger (XRPL) rose to a five-week high of 46,767, as increased network activity coincided with price action that pushed the price to a four-week high of $1.60.

The number of non-empty addresses on XRPL has reached 7.7 million for the first time.

“XRP Ledger now has more than 7.7M holders (non-empty wallets) for the first time in its 13+ year history,” Santiment said in an X post on Tuesday.

The onchain data provider points out that this shows that the network's “usage continues to grow,” even during the market downturn, as investors dip into XRP to buy it at a discount.

This coincides with aggressive accumulation by long-term investors who have increased their holdings since the start of the US and Israel-Iran war.

A significant increase in the net position change in the XRP portfolio could be seen on March 1st when XRP exceeded 351 million, marking the highest one-day accumulation since February 1st.

XRP holder net position change tracks the change in 30-day supply among long-term investors, with positive readings indicating net accumulation.

Meanwhile, XRP whales, entities that hold large amounts of tokens, have bought more since the beginning of March.

The chart below shows that XRP's Whale Flow 30-Day Moving Average (30DMA) turned positive in March for the first time since November 2025, ending a four-month streak of selling.

This may continue to boost the price of XRP in the coming weeks, especially when combined with the reduction in balance on exchanges, which has dropped to levels seen at the end of May 2021.

The price of XRP should turn to support at $1.60.

Data from TradingView shows that XRP is trying to breach the $1.50-$1.60 resistance in more than six weeks.

XRP price “should move above the $1.51 resistance,” analyst CryptoWZRD_ said in a recent X post.

“A hold above that level would provide a quick rally to $2.0 resistance.”

The last time the XRP/USD pair regained this level was in December 2024. It's up 90% in less than a week. In April 2025, it served as the trigger for a 64% XRP price rally as shown in the chart below.

Analyst CW8900 said the $1.50-$1.52 range was a big “sell wall” for XRP, adding:

“There is no further resistance until $1.95 breaks through this sales wall.”

This level is consistent with the measured converging bottom chart pattern and the 200-day simple moving average (SMA).

Before reaching this level, bulls would need to push the price above the pattern line at $1.60, which would confirm a breakout.

According to Cointelegraph, a critical break above the falling wedge line at $1.60 could shift the bulls' focus to the measured target of $2.55 and end the downtrend.