XRP has demonstrated remarkable resilience in the cryptocurrency market, surging by an impressive 46% over the past month while steadfastly holding its key support level at $3.15. This performance underscores a bullish trend driven by on-chain activities, particularly the reactivation of dormant coins, as highlighted in recent market insights. Traders are closely monitoring these developments, as the movement of older wallets often signals sustained upward momentum in XRP prices. According to data from Santiment, the average age of XRP investments stands at 593 days, having decreased by 91 days in the last month alone, indicating fresh capital inflows and renewed investor interest.

XRP Price Analysis and Support Levels

In the realm of XRP trading, the $3.15 support level emerges as a critical threshold for potential price rebounds. As of July 28, 2025, XRP's ability to maintain this floor amid broader market fluctuations suggests strong underlying demand. Technical analysts note that this support aligns with historical patterns where XRP has bounced back from similar levels, often leading to rallies exceeding 40% in subsequent weeks. For day traders, this presents opportunities to enter long positions if the price tests $3.15 with increasing volume, while swing traders might target resistance at $4.00 based on Fibonacci retracement levels from the recent highs. The 46% monthly gain further validates bullish sentiment, with trading volumes spiking during periods of dormant coin circulation, as these metrics correlate directly with price appreciation.

On-Chain Metrics Driving Bullish Momentum

Diving deeper into on-chain data, the resurgence of dormant XRP coins back into circulation is a pivotal indicator for continued bullish prices. When older wallets, holding coins inactive for extended periods, begin transacting, it typically injects liquidity and boosts market confidence. Santiment's analysis reveals that the average investment age dropping by 91 days points to a younger, more active holder base, which historically precedes price surges in cryptocurrencies like XRP. Traders can leverage this by tracking metrics such as Mean Coin Age (MCA) on platforms that provide real-time blockchain insights. For instance, if MCA continues to decline alongside rising transaction volumes—currently observed at elevated levels compared to the 30-day average—this could signal an impending breakout above $3.50. Institutional flows, evident from large wallet movements, further amplify this trend, offering scalpers short-term trading setups around key timestamps like market open in major exchanges.

From a broader market perspective, XRP's performance ties into correlations with major assets like Bitcoin (BTC) and Ethereum (ETH). As BTC hovers near its all-time highs, XRP often benefits from positive spillover effects, especially given its utility in cross-border payments. Risk-averse traders should watch for any dips below $3.15, which could trigger stop-loss orders and lead to temporary pullbacks, but the overall narrative remains optimistic. Combining this with sentiment indicators, such as social volume spikes on platforms tracking XRP discussions, provides a comprehensive trading strategy. For those exploring leveraged positions, futures contracts on XRP/USDT pairs show heightened open interest, suggesting potential volatility plays. Ultimately, the interplay of dormant coin activation and aging metrics positions XRP for sustained gains, making it a focal point for crypto traders seeking high-reward opportunities in the current bull cycle.

Trading Strategies and Market Implications

Implementing effective trading strategies around XRP requires a blend of technical and on-chain analysis. Consider setting buy orders near the $3.15 support with a stop-loss at $3.00 to mitigate downside risks, aiming for take-profit levels at $3.80 based on recent resistance breaks. Volume profile analysis indicates strong buying interest at these supports, with 24-hour trading volumes surpassing $2 billion on peak days, as noted in exchange data from July 2025. Moreover, the correlation between older wallet movements and price increases offers predictive value; for example, similar patterns in 2023 led to a 60% rally over two months. Traders should also factor in macroeconomic influences, such as regulatory news impacting Ripple's ecosystem, which could enhance XRP's appeal amid global adoption trends. In summary, with dormant coins fueling circulation and average investment ages rejuvenating, XRP stands poised for further upside, providing astute traders with actionable insights to capitalize on this momentum-driven market phase.