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XRP Absorbs $430M Selling Pressure as Buyers Hold Firm

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XRP absorbs $430 million in selling pressure as buyers hold firm, highlighting XRP price action, crypto markets, investor demand, and digital assets
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XRP has shown notable resilience despite increasingly bearish trading flows across spot and derivatives markets. Between September 16 and September 27, the token rose from roughly $1.30 to about $1.52, an increase of around 17%, even as the estimated spot Cumulative Volume Delta deteriorated by roughly $430 million.

At the same time, exchange outflows and positive perpetual-futures funding suggest that a meaningful portion of investors continues to accumulate or maintain bullish exposure. The conflicting signals have left XRP trading in a delicate technical range, with the $1.37 support area and resistance around $1.574 emerging as important levels.

Key Overview

  • XRP rose around 17% between September 16 and September 27, moving from roughly $1.30 to $1.52.
  • Estimated spot CVD declined from about –2.27billionto-2.70 billion, representing roughly $430 million of additional sell-side imbalance.
  • Binance perpetual CVD deteriorated from approximately –1.0billionto-1.29 billion while open interest increased.
  • XRP recorded approximately $60.33 million in seven-day exchange outflows, including $17.11 million over a recent 24-hour period.
  • Funding remained positive, with readings around 0.008%, showing continued demand for leveraged long positions.
  • The long-to-short ratio stood near 0.975, indicating broadly balanced positioning with shorts holding only a marginal advantage.
  • Technical attention remains centred on $1.37 support and $1.574 resistance.

XRP Rises Despite Growing Sell-Side Pressure

The most striking feature of XRP’s recent move is the divergence between price and trading flow.

From September 16 to September 27, XRP advanced from roughly $1.30 to around $1.52 even as aggressive sellers remained dominant across major exchanges. Over the same period, estimated spot CVD dropped from approximately -2.27billionto-2.70 billion.

Cumulative Volume Delta measures the difference between aggressive buying and selling. A falling reading generally shows that market sellers are executing more aggressively than buyers. Ordinarily, a deterioration of roughly $430 million would place substantial pressure on price.

The derivatives market showed a similar pattern. Binance perpetual CVD fell from around -1.0billiontoapproximately-1.29 billion, while open interest increased from about $210 million to $276.5 million. This combination suggests new leveraged positions were entering the market while aggressive selling remained elevated.

Yet XRP continued trading substantially above its September 16 level, demonstrating that the additional selling was being absorbed rather than triggering an equivalent fall in price.

Exchange Outflows Provide Support

Another factor helping explain XRP’s resilience has been the movement of tokens away from exchanges.

Recent market data showed seven-day net outflows of about $60.33 million, including approximately $17.11 million leaving exchanges during a 24-hour period.

Exchange outflows do not automatically guarantee higher prices, but sustained withdrawals can reduce the quantity of tokens readily available for immediate sale. They can also indicate that some holders are transferring assets into private custody rather than positioning them for near-term trading.

That behaviour provides an important counterweight to the aggressive selling visible through CVD indicators.

Infographic showing XRP absorbing $430 million in selling pressure as buyers hold firm, highlighting cryptocurrency markets, XRP demand, selling pressure, and investor sentiment

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Positive Funding Keeps Long Traders Engaged

Perpetual-futures funding has remained positive through much of the period. Funding rose from approximately 0.0062 to 0.0081 in the dataset covering September 16 onward, while separate September 29 readings placed the rate around 0.008%.

Under a positive funding regime, long-position holders pay short-position holders. This generally indicates that perpetual contracts have stronger demand from traders seeking bullish exposure.

However, positive funding is not inherently bullish. Persistently elevated funding can leave a market vulnerable if heavily leveraged long positions build faster than underlying spot demand.

XRP’s long-to-short ratio of roughly 0.975 reinforces the mixed picture. The figure is close enough to 1.0 to indicate broadly balanced positioning, although shorts held a slight numerical advantage.

XRP’s Technical Levels Remain Crucial

XRP traded around $1.48 on September 29 after several sessions of weakness, having fallen below the $1.50 area. Historical market data placed the September 29 trading range around $1.468 to $1.559.

The most important downside area remains around $1.37, where the 50-day and 200-day exponential moving averages were clustered. A sustained move beneath that zone could place the approximately $1.30 region back into focus.

A deeper decline would make the $1.00 psychological level relevant, although XRP would need to fall significantly before that became an immediate technical test.

On the upside, $1.574 remains an important resistance area. A sustained recovery above that level would strengthen the technical structure and could shift attention toward the $1.90 region.

LevelPrice
Recent price area~$1.48
Major support$1.37
Secondary support$1.30
Psychological support$1.00
Resistance$1.574
Higher technical target$1.90

Levels reflect technical analysis around September 29, 2026 and can change as market conditions evolve.

What Comes Next for XRP?

The central question is whether XRP can continue absorbing aggressive selling without losing the support that has underpinned its September recovery.

Holding above $1.37 would preserve the broader consolidation structure, particularly if exchange outflows continue and spot demand remains resilient. A recovery through $1.574 accompanied by stronger trading volume would provide a clearer signal that buyers are regaining control.

Conversely, a sustained break below $1.37 would weaken the current structure and place greater emphasis on the $1.30 region.

For now, XRP is displaying an unusual combination: aggressive sell-side trading flows, positive funding, meaningful exchange withdrawals and a price that has remained comparatively resilient. The next decisive move through either support or resistance is likely to provide a clearer indication of whether buyers can continue absorbing the selling pressure.

Sources: CryptoQuant / CoinGlass / AMBCrypto / Investing.com / Gate News

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