XRP is showing several competing technical and on-chain signals as its price tests the important $1.5 resistance level. According to crypto analyst EGRAG Crypto, the negative MACD histogram bars on XRP are contracting, suggesting that bearish momentum may be weakening. However, EGRAG emphasized that a confirmed bullish reversal has not yet occurred because the MACD line still needs to curve upward and cross above its signal line.
The MACD analysis tracks XRP’s momentum across market cycles dating back to approximately 2015. Historical formations around 2018 and 2022 showed similar contractions near major momentum peaks before deeper resets. EGRAG Crypto noted that the latest higher-timeframe bar may still be unfinished because the published chart carries an August 25, 2026 timestamp. For a stronger macro confirmation, negative bars would need to contract consistently toward zero, the MACD line would need to stop falling, and expanding positive histogram bars would need to follow a bullish crossover.
On-chain data adds another dimension to the XRP picture. Crypto analyst Ali Martinez reported that active XRP addresses surged by 654.71%, rising from 47,180 to 356,070. This sharp increase points to stronger network participation and could be accompanied by higher price volatility, although it does not by itself confirm the next directional move.
Whale activity is also creating pressure around XRP. Trader and analyst CW claimed that Coinbase whales have formed a sell wall as high as $32 million this month, with Coinbase reportedly acting as the main group controlling XRP. The reported selling interest could make it harder for XRP to break above the $1.5 resistance level if large orders remain in place.
Overall, XRP is facing a market with several developing signals: sharply higher active addresses, fading bearish MACD momentum, and notable whale-related selling pressure. Until the MACD produces a confirmed bullish cross and price clears resistance, the technical setup remains mixed rather than fully bullish.