XRP (XRP) remains above $1 after whales accumulated 380 million tokens, extending a 632-day closing streak while $1.06-$1.07 liquidity and neutral RSI put a possible $1.15 squeeze in focus.
Key Points:
- Whales accumulated 380 million XRP around the $1 level, while the token has closed above $1 for 632 consecutive days.
- CoinGlass shows a liquidity cluster around $1.06-$1.07, which could pressure short positions if price moves higher.
- XRPL stablecoin market cap rose more than 12% in 24 hours, adding over $100 million and moving closer to $1 billion.
XRP Squeeze Setup
Whale buying has intensified around XRP’s $1 psychological level, citing RippleXity data showing 380 million tokens accumulated recently. The report said XRP has now closed above $1 for 632 straight days, its longest such stretch. That record adds weight to buying near the same threshold.
CoinGlass data adds a derivatives angle to the setup. A 24-hour liquidation heatmap showed liquidity concentrated around $1.06-$1.07 even as XRP moved toward $1.00 during the week. Its daily RSI remained near the neutral 50 level.
That stands apart from Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and BNB (BNB), which the report described as overbought or in stronger momentum territory. A move into the liquidity cluster could force bearish positions to close, adding buying pressure if the price advances. That is the core squeeze risk.
Also Read: PUMP Targets $0.003 After Derivatives Volume Jumps 164%
XRP Liquidity Growth
Aviva Investors has also tokenized a share class of its USD Liquidity Fund on the XRP Ledger for institutional investors. The report said real-world asset value on XRPL rose more than 28% over 30 days. Network liquidity is also expanding.
Stablecoin market capitalization on XRPL increased more than 12% in 24 hours, adding over $100 million and approaching $1 billion. For a Layer 1 network, rising stablecoin and real-world asset value can deepen the liquidity available across its ecosystem. The squeeze remains conditional.
The current setup follows XRP’s unusually long run above the $1 threshold.
The token has posted 632 consecutive daily closes above that level, making the area central to the latest accumulation data. That history helps explain why renewed whale buying near $1 is drawing attention as traders watch the $1.06-$1.07 zone.
Read Next: Grayscale Retreats From 3 Crypto ETFs After ADA, DOT And HBAR Slide
