XRP needs a daily close above $2.41 to unlock about 13% upside

Beincrypto reports XRP’s price outlook has improved as momentum builds, but buyers must clear the $2.41 area for confirmation.

The token has surged nearly 33% from its December 31 lows and is up about 11% over the past 24 hours after forming a triple bottom near $1.77. Technical signs are turning supportive: the 20-day EMA is closing in on the 50-day EMA, and on-balance volume has broken above a descending trendline, though OBV has not yet made a clear high and has slowed near the $2.41 zone. On-chain data show long-term holders increased net daily accumulation from roughly 9 million XRP to about 47 million since December 30 (an increase of over 420%), while long-term holder NUPL has climbed back to early-December levels around 0.48–0.49; at those NUPL levels XRP previously corrected by roughly 14% over nine days, and accumulation has slowed since January 4.

All signals converge around the $2.41 cost-basis wall, where roughly 1.56 billion XRP were accumulated between $2.39 and $2.41. A clean daily close above $2.41 would weaken overhead supply and, according to the analysis, could open a target near $2.69 (about 13% higher). If $2.41 fails to hold, initial support is near $2.26 with deeper support around $1.90, while the broader structure would remain intact so long as price holds above $1.77.

Key Topics

Crypto, Xrp, Nupl, On-balance Volume, Exponential Moving Average, Long-term Holders