XRP price is showing fresh strength as it trades around $3.10, up 2.8% in the past 24 hours and 3.2% over the past week. The move comes just as the chart is close to forming one of the strongest technical patterns in play, a setup often seen before a bullish reversal.
If confirmed, this could take XRP to a new all-time high near $3.75, above its previous peak, which was formed two months ago.
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Holders Shift: Long-Term Sellers Step Back, Short-Term Buyers Step In
The clearest sign of strength comes from the Spent Coins Age Band, a metric that shows how many old coins are being sold on the blockchain. On September 16, long-term holders in the 180–365 day group moved about 12.59 million XRP.
Two days later, the figure dropped to 118,000 XRP, a 99% fall.
This is striking because the XRP price has gained more than 430% over the past year. Investors who held that long had huge profits but are now choosing not to sell. This pause signals conviction that higher prices could still come.
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At the same time, HODL Waves, which show the percentage of supply held by different age groups, reveal that newer buyers are stepping in. The 1-week to 1-month cohort grew from 2.61% on September 7 to 4.88% by September 17. The 1–3 month group also expanded from 8.97% in mid-August to 11.12% by September 17.
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This shows older holders are sitting tight while short-term investors are actively adding supply, creating a balance of conviction and fresh demand.
XRP Price Faces Key Neckline Near $3.21
On the charts, XRP is pressing against the neckline of the inverse head-and-shoulders near $3.21. A daily close above this level would confirm the bullish reversal pattern.
Using the head-to-neckline measurement, the breakout projects a target of about $3.75, which would mark a new all-time high and an XRP price rise of almost 21% from the current levels.
Support lies at $2.94, almost at the level of the right shoulder. A drop below $2.69 — the head of the pattern — would invalidate the bullish XRP price setup.
If XRP clears $3.21 cleanly, the combination of easing selling pressure, short-term holder demand, and the bullish chart setup could finally drive the XRP price to its strongest levels ever.
Source: https://beincrypto.com/xrp-price-all-time-high-breakout-setup/