Crypto Drama: XRP Flirts with $3 and Refuses to Text Back – Will It Finally Commit?

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XRP finally broke out of its symmetrical pennant on July 3. The price nudged past $2.20 with all the subtlety of someone quietly stealing snacks at a house party. Not exactly explosive – we’re talking a gentle side-step, not a Beyoncé entrance 💃 – but volume did rise, which might be traders quietly stuffing their bags while pretending not to care.

At press time, XRP lingers awkwardly at $2.27, glancing nervously at the $2.35 resistance wall like someone sizing up an ex at a wedding.

SOPR: Profit-Taking, Yes. Panic? Not Yet, Sweetie.

The SOPR (the “am I in profit or living in denial?” ratio) shot above 1.6 in early June 2025. Translation: wallets have been taking profits, but not in a panicked “let’s sell the house” way. Historically, everyone cashes out at these levels (1.5+) like it’s Black Friday, but XRP simply raised an eyebrow and kept standing there.

SOPR 101: if the value’s above 1 and you’re moving coins, you’re locking in gains – congrats! Current readings say some people are skimming profits, but the market’s sigh says “not enough to kill the vibe.”

MVRV Z-Score: No Euphoria, Just Lukewarm Enthusiasm

MVRV (Market Value to Realized Value – Yes, crypto really does love a three-letter acronym) Z‑Score peaked at 6.5 during XRP’s $3 heyday in early 2025, but we’re now loafing around 2.0. So, yawn. This is the “set alarm, snooze three times” phase – nowhere near overcooked, no one dancing on tabletops (yet). MVRV below 3 means we could still rally hard before there’s mass FOMO and speculative nosebleeds.

MVRV: fancy way of checking if XRP is overpriced compared to what people originally paid. Right now? Still room to run—so keep those dancing shoes on standby.

HODL Waves: Long-Term Holders Are Basically Monks

The HODL Waves chart is basically a serenity prayer. More than 40% of XRP hasn’t moved in a year – longer than most houseplants survive in my care. These zen masters are clearly not into impulsive selling, even after price rallies. Less movement = less selling. Some might call that conviction; others, just really, really good wi-fi outages.

In HODL We Trust. When coins are dormant, it usually means holders believe prices will get weirder (and higher).

Active Addresses: The Pre-Party Before the Rally

Active wallets keep spiking before every new leg up, like someone texting “you up?” at 2AM before a night out. Each burst of new activity in June was quickly followed by price action – it’s almost as if new buyers and the occasional XRP whale just love a dramatic entrance 🐋.

$2.35: The Unclimbable Wall? (Or Just a Speed Bump?)

There’s now a textbook pennant on the daily chart – think of it as a stylish but restrictive dress. XRP needs to sashay past $2.35 for that next runway moment. If it does, there are hopeful waypoints at $2.48, $2.60, and $2.65, with $2.78 acting as the velvet rope in front of the $3 VIP zone. $3 hasn’t seen this much anticipation since…well, see you in early 2025.

Should XRP lose the $2.08 level, though, the structure falls apart faster than my New Year’s resolutions.

The Accumulation/Distribution line has crept up since April 2025. Not the kind of rise that makes headlines, but enough to show the whales aren’t dumping – they’re basically just lurking. Upward-moving A/D = stealthy accumulation. Take that, sudden sell-offs.

Big picture? XRP is out here with something to prove, but still has to deal with $2.35 before things get interesting. No rampant euphoria, no panic (yet), plenty of coins locked up tighter than my lockdown snacks. If we hold above $2.20 and swipe right on $2.35, the path to $2.65–$2.78 could heat up quickly. Drop below $2.08, though, and the mood turns faster than my last breakup.

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2025-07-07 17:55