XRP rises 5% against the trend! Coin holders return to accumulation mode, expected to challenge the 3.22 USD resistance level | XRP price prediction

XRP rose 5% in the last 24 hours, briefly shaking off the downward pressure from last week. On-chain data shows that this rebound has specific asset support: Futures Long-Short Ratio ( Taker Buy/Sell Ratio ) has closed in positive territory for the first time since July 10, indicating a significant alleviation of selling pressure in the derivatives market; Holder Activity ( Liveliness ) metric has been declining since early August (reporting 0.8150 on August 3), revealing that long-term holders ( LTH ) have ended profit-taking and returned to accumulation mode ( Accumulation Mode ). The technical outlook shows that if XRP can hold above the psychological level of $3, it is likely to target the resistance level of $3.22, and a breakthrough would open up space for $3.33; conversely, if the upward attempt fails, it may retrace to the support at $2.87.

( One ) Futures Market Shifts: Long-Short Ratio Turns Bullish for the First Time This Month, Releasing Key Signals

(XRP Taker Long-Short Ratio | Source: CryptoQuant)

• Key Indicators: CryptoQuant data shows that the XRP futures Long-Short Ratio ( Taker Buy/Sell Ratio ) closed in positive territory (\u003e1) yesterday, marking the first time it has turned bullish since July 10.
• Market Meaning: This indicator measures the ratio of active buying volume to selling volume in the futures market. A value greater than 1 indicates that the bullish forces are dominant. This transition to positive signifies a substantial change in sentiment in the derivation market, with a noticeable reduction in futures selling pressure.
• Trend Prediction: If this trend continues, it will effectively support the further rise of XRP price.

( and ) on-chain activity declines: long-term holders end selling and shift to accumulation

(XRP Liveliness | Source: Glassnode)

• Indicator Analysis: The holder activity ( Liveliness ) monitored by Glassnode continues to decline (from 0.8152 on August 1 to 0.8150 on August 3). This indicator tracks the movement of long-term dormant tokens by calculating the ratio of "coin days destroyed / total coin days."
• Behavior Interpretation: The rise in the indicator means that long-term holders (LTH) are moving or selling tokens; the current continued decline shows: after experiencing previous sell-offs, key holding addresses have slowed down profit-taking and re-entered the token accumulation phase.
• Bottom Signal: Decreased activity is often seen as an on-chain characteristic of the market's bottoming phase.

( The key level for Long-Short Ratio battle: the $3 defense line determines the short-term direction

• Bullish Scenario: The decline in futures selling pressure combined with on-chain accumulation signals is expected to support XRP to hold above the $3 level in the short term. If accumulation momentum strengthens, the price may test the $3.22 resistance level, and after breaking through, the target points to $3.33.
• Bearish Risk: If the resistance zone at 3.22 USD is effective, the upward trend may reverse, and the price could pull back to the 2.87 USD support level (this level coincides with the 50-day moving average and the Fibonacci 0.5 retracement level).

Conclusion: The current rebound of XRP is simultaneously validated by the shift in derivative sentiment and improvement in on-chain holder behavior. The futures Long-Short Ratio turning bullish has ended the three-week bear advantage, while the continuous decline in holder activity indicates a weakened selling intention among long-term investors. The $3 round number has become the focal point of the long-short game; holding above it is expected to attract technical buying to drive further rises. Traders need to closely monitor the effectiveness of the $3.22 breakthrough; if the volume is insufficient, they should guard against false breakout risks. The medium-term trend still depends on the progress of the Ripple lawsuit and the implementation of ecological applications. ) integrates CryptoQuant and Glassnode on-chain data (.