XRP price analysis shows that accumulation is strengthening signals as whale activity surged on April 24, 2026. Data from CryptoQuant shows increasing dominance by large holders across Binance outflows.
Analyst Amr Taha reported whale transactions reached 94.4% while retail activity dropped to 5.5%. XRP price traded near $1.43, according to CoinMarketCap, holding within a tight consolidation range.
XRP Whale Activity Mirrors Previous Rally Conditions
XRP whale activity currently exhibits similar trends and structures to other previous rallies. For example, when whale activity rose last year in October, XRP experienced a massive 525% rally.
Likewise, when whale activity increased again in June 2025, XRP saw a price appreciation of 71% in a very short timeframe. If these whales are accumulating XRP right now, it could be a sign of another possible price explosion.
Historically, this type of whale behavior is indicative of long-term accumulation strategies versus short-term speculation.
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XRP Spot CVD Divergence Highlights Strong Demand
Spot CVD for XRP is trending up strongly and diverging away from the negative perpetual CVD on Binance. According to CryptoQuant, XRP spot CVD has jumped from $1.08 billion to $1.39 billion.
A total increase of $310 million in just a few weeks in terms of actual buying power or real demand for XRP occurred across exchanges. At the same time, Binance perpetual CVD dropped down to -$392 million, which is indicative of continued futures selling pressure.
Spot CVD for XRP continues to move up while futures traders remain net short. Long liquidations have been dominant since April 18th, causing excessive leverage in the market to decrease.
By resetting this leverage, it allowed the market to cool off some of the bullish overcrowding and improve funding conditions. Since then, XRP has consolidated above a critical area of support at $1.43.
XRP Price Analysis Shows Consolidation
TradingView charting tools indicate that the price is currently holding above the 200-day exponential moving average (EMA) at $1.39. The 50-day EMA at $1.42 is providing support for the current price action.
The 20-day EMA at $1.43 is also showing that price action is consolidating in a relatively low-volatility environment. RSI (Relative Strength Index) is at 53%, and therefore, indicates no overbought condition.
MACD (Moving Average Convergence Divergence) has shown some easing of downward pressure, which would suggest that the trend is stabilizing. There are Fibonacci resistance levels located near $1.45 and $1.49, representing possible areas of resistance if the price moves back into these areas. Based on how price has behaved recently, support will remain firm between $1.42 and $1.39.
Market Conditions Support an Accumulation Thesis
The strength in the XRP price, coupled with whales’ buying of the asset, is indicative of both real demand as well as a potential long-term accumulation thesis.
The recent market structure suggests there is no evidence to believe the XRP price is trending towards distribution and is therefore supporting an accumulation thesis under current conditions.
It appears that the futures markets are being negatively affected by positioning resets compared to fundamentals. This would indicate that selling pressure is not a concern in the near term.
Real demand has increased while leverage has decreased in accordance with this XRP price analysis. If the price can continue to hold up at the near-term support levels, then it will remain possible that it continues to trend upward toward the resistance zones.
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
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