Ripple Kits Monitor XRP Trading as Key Metric Rally Signals



Trading on the XRP Ledger has been increasing lately, while an analyst explained the importance of the XRP/BTC pair.

Although it was rejected at $2.40 at the beginning of the year, hit hard in the following month and even stopped its attempt to return at $1.65, XRP is still poised for upcoming gains, noted several X analysts.

Factors that could lead to an impressive rally are the behavior of whales and the growing use of the XRP Ledger network. Additionally, the XRP/BTC trading pair has reached an important moment that could determine the future price movements of the Ripple token.

Whales dominate

The CW analyst indicated that transactions on the XRP Ledger have been increasing recently, which they categorized as a “positive signal” in the current macro environment. This is because investors generally leave the market and trades decline during bearish phases. However, the rise in this metric is now a pattern that occurs before a price rally.

In another post, the analyst described the importance of large whales in the XRP ecosystem. They noted that these major market participants are dominating XRP trading and maintaining a buying trend. CW added that they are collecting tokens at prices below $2.40.

This is also seen as a bullish signal for the underlying asset, as whales typically make large purchases that reduce immediate selling pressure. Furthermore, retail investors tend to follow whales.

XRP / BTC pair

The EGRAG CRYPTO analyst explained in an article titled “Hidden Liquidity Cycle” that the XRP/BTC pair shows when “capital is flowing from the market leader to altcoins”. Historically, when this happens, “XRP explodes”.

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After noting that the green area (in the chart below) is where XRP is “extremely overextended” and a possible crash against BTC is coming, and the red area is the opposite, the analyst added that the Ripple token is now in the rallying phase of the current cycle.

If it breaks above the silver line, which is currently at 0.00003600 SAT, the rally will begin. XRP/BTC is trading around 0.00002000 SAT at press time.

But EGRAG explained that the XRP/BTC liquidity pair tends to move in long periods of 7-8 years, so this predicted rally may take some time before it starts again, as it was in late 2024.

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