Is XRP Price at Risk as New Addresses Hit 2-Month Low?

Key Points:

• XRP new address creation falls 40% from July peak, reflecting declining investor activity.
• Price remains in a long-term bearish channel, with support near $2.80 and resistance at $5.42.
• ETF filings and liquidity clusters hint at possible upside if momentum shifts.

XRP’s number of new addresses has dropped to a two-month low, signaling reduced activity from new participants. In early July 2024, new address creation neared 4,000, rising to 8,500 mid-month before falling steadily.

Currently, new addresses sit closer to 4,500, down over 40% from their July peak, showing weakening investor interest. This decline has mirrored XRP’s price action, which climbed to $3.80 before falling into a consolidation range.

Technical Indicators Remain Bearish Amid Long-Term Channel

XRP trades at $2.83 as of late August 2025, staying within a persistent downward channel highlighted by multiple rejections since 2018. The asset continues to face resistance from the upper blue trendline while consolidating near the white-green support area.

Analysts point to $7, $11, $20, and $27 as longer-term structural targets, not short-term forecasts. The chart underscores a bearish trend that may continue unless XRP breaks the upper boundary decisively.

A significant date noted is September 29, 2025, which could act as a potential pivot point for XRP’s trajectory. Until then, investors face prolonged pressure, with emotional discipline key amid ongoing downside risk.

Liquidity Clusters and ETF Filings Offer Bullish Setup

Despite weak price momentum, XRP is consolidating just below large liquidity zones between $4 and $5.42, according to Coinglass. Historically, such clusters attract price movement once momentum shifts, as short liquidations can fuel rallies.

Price has held between $2.80 and $3.00 since mid-July 2025, indicating a stable base beneath critical liquidity. A break above resistance could send XRP above $5, especially if market sentiment improves.

ETF interest continues to build, with 15 XRP ETF applications awaiting SEC approval, including filings by Grayscale, Bitwise, and CoinShares. Approval could boost institutional inflows, similar to Bitcoin ETF impacts on volume and adoption.

Still, short-term sentiment remains weak, as XRP is down 0.70% in the last hour, -1.59% daily, and -7.76% weekly. However, derivatives data shows rising interest, with trading volume up 26.05% to $8.85B and open interest up 20.56%.

Options volume dipped slightly by 1.54% to $1.24M, but overall positioning suggests traders anticipate movement ahead. This setup leaves XRP at a technical and sentiment crossroads.