- XRP trades near $1.92 after a 1.5% daily decline, remaining above short-term support at $1.83.
- A major cost basis cluster shows 1.80 billion XRP previously acquired around $1.75, forming a key structural support zone.
- The token moves within a tight 24-hour range between $1.83 and $1.99, keeping price action confined near established boundaries.
XRP moved inside a defined trading band as the market held near an important cost basis cluster tracked over the past year. The token traded around $1.92, marking a 1.5% decline during the latest session. The heatmap data showed a dense accumulation zone near $1.75, where 1.80 billion XRP were previously acquired, creating a key reference area for market participants.
Additionally, the asset stayed close to its immediate support at $1.83, which kept attention on the lower boundary of the current range. This positioned the market between short-term technical levels and a broader supply concentration.
Large Supply Cluster Anchors Market Structure
The cost basis heatmap displayed a clear concentration of historical acquisitions between $1.75 and $1.78. This range connected directly to Thursday’s recorded supply reading of 1,796,842,286 XRP, highlighting significant interest at that level. The chart also showed recurring interactions with this band throughout mid-2025, which reinforced its role as a defining zone.
However, the current price remained above this region, leaving the $1.83 support as the immediate level watched by traders. This transition leads into the next section, which outlines the short-term movement.
Price Holds Between Support and Resistance
XRP was still trading in a small range of 24 hours with the chart swirling between $1.83 and $1.99. The price was above the support, but the resistance of the price was at 1.99, which limited the recent gains. Notably, the hourly candles showed controlled movement, with no sharp deviations from the band.
The BTC value of the asset was 0.00002281 BTC, which represents a slight decrease of 1.4 percent per day, which is consistent with the overall market downturn. This movement pre-determined the model of the following spheres of interest which are the correlation of these price levels to the bigger patterns.
Recent Declines Align With Multi-Month Price Behavior
The price path reflected continued interaction with mid-level zones seen throughout 2025. The market stayed within familiar boundaries despite minor fluctuations across recent weeks. XRP held above the support at $1.83, while the dense cost basis zone at $1.75 remained a critical structural reference. The chart also showed repeated movements toward the upper boundary, yet none extended beyond the $1.99 resistance during recent sessions.
