HomeCryptocurrencyAs 830 Million XRP Changed Hands At This Exact Price, Here's What...

As 830 Million XRP Changed Hands At This Exact Price, Here’s What Is Next

XRP has reached a critical point on its price chart, with on-chain data indicating it is testing one of its most important support levels.

According to crypto analyst Ali Martinez, the $1.06 price level now represents a significant area for traders to monitor, as historical blockchain data shows that hundreds of millions of XRP last changed hands at that price.

Sharing his analysis on X, Ali Charts stated that XRP is currently testing a major volume block at $1.06. He cited data from the UTXO Realized Price Distribution (URPD), which shows that more than 830 million XRP were transacted at this exact level. Because such a large volume of tokens moved at $1.06, the analyst believes it has become a key support line for the asset.

Why the $1.06 Level Matters

Unlike traditional technical indicators that rely primarily on exchange trading activity, the URPD model focuses on on-chain transaction history. It measures the prices at which existing tokens last moved across the blockchain, offering insight into where investors accumulated their holdings.

This type of data can help identify price levels where buying interest may emerge. While XRP Investors who acquired the token around $1.06 may be inclined to defend their positions if the price revisits that area, other market participants could view the level as an attractive entry point after previously missing earlier buying opportunities.

Ali Martinez’s analysis suggests that large transactions at $1.06 makes it an important level to watch as XRP attempts to maintain its current trading range.

Lower Support Zones if Selling Continues

The analyst also outlined the next major support levels if XRP falls below $1.06. According to the URPD data, the first notable support sits at $0.80, where approximately 923 million XRP previously changed hands.

Below that, Ali Charts identified $0.62 as another significant accumulation zone. On-chain records show that roughly 1.16 billion XRP were transacted at that price, making it the largest volume cluster among the highlighted support levels.

The final level in the analysis is $0.51, where more than 1.06 billion XRP previously moved. If XRP were to decline to that region, historical transaction data suggests that another substantial area of buyer interest could emerge.

The analysis comes as XRP trades in a broader cryptocurrency market experiencing increased volatility and periods of consolidation. While on-chain support levels do not guarantee that prices will hold, they provide traders with additional context by identifying areas where large amounts of XRP were previously accumulated.

For now, Ali Charts’ data places the market’s attention squarely on whether XRP can maintain support at $1.06 or whether the next historical accumulation zones will come into focus.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


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Tobi Loba
Tobi Loba
Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.
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