XRP price prediction: Are sidelined traders refusing to chase shallow bounces?

ambcrypto2026-07-12 tarihinde yayınlandı2026-07-12 tarihinde güncellendi

Özet

XRP's network activity has hit unusually low levels, with daily active addresses and network growth at significant lows for 2026 and since late 2024, respectively. This suggests sidelined traders are waiting for a substantial price move rather than chasing shallow bounces. Spot volume trends confirm muted buying pressure, with the spot Cumulative Volume Delta (CVD) in neutral territory and in decline since March. While XRP is flowing out of exchanges into accumulation, these outflows are less pronounced than in 2025. Despite a major price correction, bearish sentiment remains strong, as evidenced by sustained negative aggregate funding rates throughout 2026. This extreme bearish consensus could paradoxically signal a potential medium-term bullish reversal, similar to a pattern observed before a significant rally in April 2025. However, a major shift in spot volume is necessary for any sustained price recovery.

According to Santiment, XRP Ledger activity has fallen to unusually low levels lately. On the 9th and 10th of July, the network saw only 25,350 and 24,887 daily active addresses.

Source: Santiment

These figures were the second-lowest in 2026, Santiment wrote. Moreover, the daily network growth was also at a low figure of 2,130 – The lowest since November 2024.

Traders and investors seemed to be waiting on the wings to buy a real move instead of chasing a shallow price bounce, such as the ones that came in mid-June and early April.

The spot volume trends backed this idea up. The spot CVD for the past 90 days on CryptoQuant was in neutral territory. This metric tracks the aggressive, or taker, participation in the market.

The spot CVD trends have been in decline. Though it was not yet taker sell-dominant, it hinted at reduced buying since March. There was a brief flurry of taker buy activity in May, but it quickly evaporated. At the time, XRP’s price reacted by bouncing towards $1.55, before slumping to $1.10.

Source: Glassnode

The exchange net position change has been negative in recent months. Negative values imply XRP tokens flowing out of exchanges, likely to cold storage and accumulation.

However, for context, it was not as heavy as the outflow bouts in 2025.

XRP funding rates stay at extreme lows

Source: CryptoQuant

Against this backdrop of muted spot buying pressure on XRP, analyst Darkfost believes that the altcoin’s speculative bais might also be firmly bearish.

The 30-day aggregate of funding rates has been negative throughout 2026. Despite the over 70% correction since the coin hit $3.66 in July 2025, the bearish consensus can serve as a clue for a medium-term reversal.

In April 2025 too, sustained negative aggregate funding rates were seen. This correction was followed by a 126% rally, the analyst observed.

Only time will tell if a similar scenario will play out. Spot volume trends need to undergo a big shift to enable such a rally, that is for sure.


Final Summary

  • XRP’s spot demand has been falling and the price was moving sideways about the $1.10 support.
  • Strong bearish consensus even after a deep price correction might be a medium-term bullish reversal sign.

İlgili Sorular

QWhat does the unusually low XRP Ledger activity in early July 2026 indicate about trader behavior according to Santiment?

AIt indicates that traders and investors are on the sidelines, waiting for a significant price move rather than chasing shallow bounces.

QWhat do the negative values of the exchange net position change metric suggest for XRP?

ANegative values suggest that XRP tokens are flowing out of exchanges, which likely indicates accumulation or movement to cold storage.

QAccording to analyst Darkfost, what might the sustained negative aggregate funding rates for XRP signal?

AThe sustained negative aggregate funding rates, despite a deep price correction, could be a clue for a medium-term bullish reversal, similar to a pattern observed in April 2025.

QWhat was the key condition mentioned for a potential significant price rally in XRP to occur?

ASpot volume trends would need to undergo a major shift to enable such a rally.

QBased on the article, what were the two specific low figures reported for XRP network activity on July 9th and 10th, 2026?

AThe network saw only 25,350 and 24,887 daily active addresses on July 9th and 10th, 2026, respectively.

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