XRP Price Holds $1.80 as Wallet Activity Hits Record Highs — What’s Next for Ripple?

Highlights:

• Ripple wallets surge despite heavy price losses across major coins.
• XRP price struggles at $2 resistance as sellers dominate short-term trends.
• Network activity shows growth even as market sentiment hits extreme fear.

XRP’s price has declined over 15% this week, tracking the broader crypto market downturn. The token remains below $2, showing consistent weakness as sellers dominate. Trading volume surged to $7.34 billion in 24 hours, up 15.18%, as volatility increased. The decline comes after the U.S. confirmed 104% tariffs on Chinese imports, triggering global market reactions. Bitcoin is now trading at $76,000, while Ethereum has dropped to $1,490. Solana trades at $105, continuing the downward trend.

The total crypto market cap stands at $2.56 trillion, with $411.3 million liquidated in a day. The Fear & Greed Index reads 18, showing extreme fear among traders. XRP remains under pressure, unable to break resistance levels amid growing bearish sentiment.

📉Market Overview

As the White House confirms that 104% tariffs on China have gone into effect, the crypto markets have crashed.

As of now, $BTC is trading at $76K, $SOL is priced at $105, while $ETH has fallen below its April 7 dip levels.

Market Cap: $2.56T
24h Liquidation:… pic.twitter.com/Jp3bzyKmJj

— CryptoRank.io (@CryptoRank_io) April 9, 2025

XRP Price Holds Steady as Wallet Addresses Hit Record

The XRP network reached a major achievement as it recorded 6.26 million XRP holding addresses. Glassnode along with crypto analyst Ali released data showing the XRP address total reached its highest level yet even as general market volatility and XRP’s price fluctuations occurred.

The user base demonstrated sustained growth during the previous week while XRP maintained its price holding at $0.61. The consistent wallet growth highlights rising user activity and resilience within the XRP ecosystem. XRP remains a center of market interest despite general market unpredictability based on the rising number of addresses recorded in the network.

Despite the recent volatility, the $XRP network is growing stronger! Now reaching an all-time high of 6.26 million addresses holding 1 #XRP or more. pic.twitter.com/Vavv9FkmuP

— Ali (@ali_charts) April 9, 2025

Ripple Price Faces Resistance at Key Levels

The crypto analyst Ali indicates that XRP has both $2.04 and $2.38 as resistance marks, yet it maintains support at $1.67 and $1.39. A Glassnode UTXO Realized Price Distribution chart was then shared by him to illustrate XRP’s market movements. 

The distribution of last XRP token movements shows important price areas where most tokens were moved during support and resistance intervals. The demand area falls into the price range that extends from $1.67 down to $1.39 according to the provided chart. Buyers previously entered XRP and withdrew from it through these price points which demonstrate strong potential to maintain their current position.

$XRP key support levels sit at $1.67 and $1.39, while major resistance stands at $2.04 and $2.38! pic.twitter.com/VpmCwaU9tK

— Ali (@ali_charts) April 9, 2025

What’s Next for Ripple Price After A Major Sell-Off

The Ripple price is hovering around $1.83 after a sharp decline earlier this week. The 4-hour chart shows the price attempting to stabilize just above the $1.80 support. This level has held for the past two days despite low momentum. 

The Relative Strength Index (RSI) is currently at 46, which remains below the neutral 50 mark. This suggests that buyers are not yet in full control of the trend. The Moving Average Convergence Divergence (MACD) shows the signal line still slightly above the MACD line. The histogram is flat, signaling weak momentum.

If downward pressure builds, the XRP price could fall toward the next visible support at $1.50. A breakdown below this level might open the door for a deeper correction toward $1.20, especially if volume spikes on the downside. 

On the positive side, XRP continues to hold its ground above $1.80. The market has not seen major follow-through selling, which indicates buyers are active around that support. A clean break above the immediate resistance at $2.00 could encourage a move toward $2.20.