XRP holders hit record 7.7M: Will it keep price above $1.50?
XRP reached $1.50 with record holder numbers (7.7M) and increased network activity, but faces resistance around $1.60.Summary
XRP traded at $1.50, experiencing a 3% rise, but stalled at the $1.60 resistance level. The number of XRP holders has reached a record high of 7.7 million, coinciding with a five-week high in daily active addresses (46,767). Analysts suggest that reclaiming $1.60 as support is crucial for further price increases, potentially leading to a rally towards $2.0. Long-term investors have been accumulating XRP, with a significant spike in net position change observed on March 1st. Whale activity has also increased, with whale flow turning positive for the first time since November 2025. A break above the $1.50-$1.60 resistance could trigger a rally, with some analysts predicting a potential target of $2.55 if the price breaks through a key trend line at $1.60.
(Source：Cointelegraph)