XRP Builds Pressure as Holders Accumulate — Is a Break Above $2 Next?

XRP is attempting to regain upward momentum after weeks of consolidation. Price action shows a symmetrical triangle that could yield a roughly 33% breakout and lift the token above $2 if resistance is breached. Volatility across the broader cryptocurrency market means confirmation will depend on market conditions.

On-chain metrics point to steady accumulation by long-term holders. The HODLer Net Position Change shows green bars signaling inflows to long-term wallets, while the SOPR has climbed back above 1.0, indicating investors are transacting at a profit rather than capitulating at losses.

For technical confirmation, XRP needs a sustained move above $1.70, with an earlier push past $1.58 marking initial breakout momentum. Continued buying could flip $1.70 into support and help the price extend beyond $1.80 toward the $2-plus target. Resistance could curb gains, however; the CBD Heatmap shows supply concentrated between $1.76 and $1.78 where some holders may sell.

xrp, breakout, symmetrical triangle, holders, accumulation, hodler net, sopr, long-term wallets, resistance, support