XRP Millionaires Hit Density High; Price Nears Checkpoint

XRP’s millionaire concentration hits the highest count since last December, implying strong long-term conviction.

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XRP Millionaires Hit Density High; Price Nears Checkpoint
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Ripple’s native XRP Ledger just reached a new all-time high (ATH) in millionaire wallets. Judging from the latest Santiment data, XRP now has 2,147 wallets holding at least 1 million XRP coins, the highest count of 2026. That specific part of the XRP rich-list has grown by 28 new crypto wallet addresses in just 10 days.

Santiment: Patient Players Get Better Entries

Growth from the top tier of the XRP rich-list is surely encouraging, as long-term holders have longer time horizons. A gradual spike between 1M+ XRP wallet balances during XRP’s price downturns suggests “large balances are being built rather than disappearing”, Santiment Intelligence concludes on X.

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https://twitter.com/SantimentData/status/2117705198269604212

With the XRP millionaire wallet count now exceeding 2,140, it’s crucial for XRP’s bulls now to wait for confirmation above the $1.25 range. Next is the restoration of psychological resistance levels going from $1.30 to $1.50, with $1.40 acting as the midpoint that hosts several estimated averages & historical thresholds.

From a technical point of observation, XRP’s price is retesting the third, corrective Elliott Wave on the one-day crypto price charts. Analysts from More Crypto Online marked the Elliott Wave structure with Fibonacci retracements: If the $1.29 checkpoint holds, the corrective 3-wave pullback is complete & the first confirmation is a break above the last swing high of ~$1.35.

Smaller-Scale XRP Price Charts Rejuvenate

Zooming into the smaller-scale XRP charts, DailyCoin’s research team navigated through a few crucial on-chain metrics to indicate if big-time investors are carrying the same trend beyond the XRP millionaire club. With XRP’s price finding itself at $1.29, that’s nearly three cents above the Smoothed Moving Average (SMA), presented in purple in the 4-hour XRP price chart below.

The more telling metric remains the Chaikin Money Flow (CMF). Flashing 0.13, this hints at a wider big-time investor belief that they have already captured XRP’s local bottom. With the bulls now waiting for confirmation at the Red-Label Bollinger Band (BOLL) around $1.35, the current focus revolves around XRP’s ability to close the day above $1.29, aligning with the Triple EMA.

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