XRP Price Prediction: XRP Gains Strength On Supply Drop and Bullish Divergence Against ETH—Breakout Brewing?

XRP is showing renewed signs of strength despite recent sell pressure, as on-chain metrics and technical indicators suggest the token could be setting up for a rebound.

A drop in supply-in-profit levels, increased conviction from short-term holders, and a bullish divergence against Ethereum are now pointing to a potential breakout.

On-Chain Data Shows Profit Supply Falling

The XRP price has declined over 10% in the past week, in line with the broader crypto market correction. Yet, on-chain signals tell a different story. Data from Glassnode shows that XRP’s Percent Supply in Profit has slipped to 93.5%, the lowest level in nearly two weeks.

XRP HODL Waves reveal growing conviction as both short- and mid-term holders increase their positions, signaling building momentum in the market. Source: @investorie via X

When fewer holders are sitting on large unrealized gains, profit-taking pressure typically eases. Historical patterns back this up: earlier this month, similar declines in supply-in-profit were followed by swift rebounds of 5%–8%. This suggests that XRP may be close to another short-term rally.

Short-Term Holders Accumulate the Dip

Supporting this narrative, the share of XRP held in one-to-three-month wallets has surged from 5.8% on August 1 to over 9.2% by mid-August. This indicates that recent buyers are holding their coins instead of selling into weakness, even after the token fell to a low of $2.77 earlier this month.

XRP was trading at around $3, up 0.16% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

Such behavior often reflects growing market conviction. According to past trends, spikes in this cohort tend to precede sustained upside momentum. For traders looking at the price of XRP today, these metrics suggest that accumulation is underway beneath the surface.

XRP Price Structure Remains Bullish

Despite recent volatility, the XRP coin price continues to trade within an ascending triangle—a pattern widely seen as a bullish continuation signal. Key support rests at $2.95, while resistance zones sit between $3.15 and $3.55, with $3.33 emerging as the most decisive barrier.

XRP is forming an “Adam and Eve” chart pattern, signaling a potential bullish reversal ahead. Source: PtitBob on TradingView

If the XRP price today holds above $2.95, the bullish structure remains intact. A break above $3.33 could open the door to further upside, while a close below $2.72 would risk invalidating the current setup.

XRP Forms Bullish Divergence Against Ethereum

Adding weight to the bullish outlook is a divergence between XRP and Ethereum. Over the past three months, the XRP/ETH pair has recorded lower lows, while the Relative Strength Index (RSI) has trended higher—a classic bullish divergence.

Analyst CryptoInsightUK noted that the XRP/ETH daily chart signals XRP may be nearing an upward move. Source: @Cryptoinsightuk via X

Analyst CryptoInsightUK highlighted that this hidden strength could soon translate into a rally. Another market analyst, CrediBULL, noted that XRP/ETH is currently trading in a key downside zone of interest (0.0006–0.00072), a range often associated with reversal opportunities.

XRP vs ETH: Momentum Shift in Sight

While Ethereum has surged from $2,100 to above $4,200 since June, analysts believe ETH could soon enter a consolidation phase after completing a five-wave impulse move. In contrast, XRP has already consolidated for nine months above its record-high monthly close of $3.03, absorbing heavy selling pressure in the process.

Ethereum (ETH) was trading at around $4,279, down 0.4% in the last 24 hours at press time. Source: Ethereum Liquid Index (ELX) via Brave New Coin

This divergence in momentum suggests that if ETH stalls and XRP begins to recover, the XRP/ETH pair could see a strong upward move. Traders are now watching closely for confirmation of this shift.

Outlook: Can XRP Break Out?

The latest XRP news today highlights a market that is quietly shifting in favor of the bulls. On-chain conviction is growing, profit-taking has slowed, and technical indicators are flashing bullish divergence. If these trends continue, XRP could be positioned for a breakout in the weeks ahead.

While short-term volatility remains likely, the combination of real-world adoption—such as pharmacies in the U.S. accepting XRP payments—and technical resilience makes the mid-term picture encouraging. For those asking “Will XRP go up?”, the current setup suggests that the token may soon test higher levels if it can defend key supports.