- Ripple unlocked 1 billion XRP, renewing concerns about potential selling pressure.
- Exchange inflows increased, but stronger network activity supported overall market sentiment.
- XRP continues defending $1.05 support while $1.15 remains the next major resistance.
Ripple has released another large batch of XRP into circulation, placing fresh supply under the spotlight. The latest unlock arrives as traders already watch weakening momentum and changing exchange activity. Large token releases often raise fears of heavier selling. Still, history shows market reactions depend on where those coins eventually move. Strong on-chain activity and steady buyer demand could determine whether XRP holds a critical support zone.
Fresh Supply Meets Improving Network Activity
Ripple unlocked one billion XRP worth more than $1.06 billion through three separate transactions. The release included 500 million XRP valued at about $532.86 million, 300 million XRP worth roughly $319.65 million, and another 200 million XRP valued near $213.11 million. Such a large release naturally attracted market attention. Past unlocks have not always triggered heavy selling.
Ripple frequently manages escrow balances instead of sending every unlocked token into circulation. Because of that history, traders focused less on the unlock itself. Many watched exchange wallets instead. A large movement toward exchanges would increase concerns about stronger selling pressure. Recent exchange data introduced another question. Spot netflows turned positive after several months of steady outflows.
Current netflows reached about $2.41 million. More XRP entered exchanges than left during the latest session. Even so, that amount remains small compared with previous inflow spikes that reached tens of millions. The modest increase gives buyers room to absorb additional liquidity. A return to negative netflows would strengthen confidence among bullish traders. However, several days of rising inflows could increase expectations for higher exchange supply.
Can XRP Hold the $1.05 Support Zone?
XRP traded near $1.0656 during the latest session. Buyers repeatedly defended the important $1.05 support level. Every decline toward that area attracted renewed buying interest. Meanwhile, resistance near $1.15 continued limiting upside attempts.Momentum indicators showed growing caution. The MACD line remained below the signal line. Both indicators also stayed under the zero level.
A negative histogram reflected fading bullish momentum rather than fresh buying strength. Despite weaker technical signals, sellers have not forced a decisive breakdown. That resilience keeps bullish hopes alive for now. Holding above $1.05 could encourage another attempt toward $1.15. Losing that support would likely shift attention toward the psychological $1.00 level.
Ripple’s latest unlock has increased uncertainty across the XRP market. Even so, exchange activity and network growth currently matter more than headline numbers. Buyers still control a key support area despite weaker momentum. The next few trading sessions should reveal whether demand remains strong enough to absorb fresh supply and protect XRP from a deeper decline.
