Why Is XRP Price Stuck Despite 4,300 New Wallets in 24 Hours

XRP’s price action has been boring for months. The token trades in a tight range between $1.30 and $1.50, with no clear breakout in either direction. Today, XRP sits near $1.36. But something interesting happened underneath. Santiment reported that 4,300 new XRP wallets were created in 24 hours – the 4th largest spike of 2026. Network growth is one of the top leading signals for reversals. So why is XRP price still stuck? Let’s dig into the data and charts.

• Santiment Report: 4,300 New XRP Wallets – A Reversal Signal?

• XRP Chart Analysis (4-Hour) – Why Price Is Stuck

  • Moving Averages
  • RSI (14)
  • MACD (12,26,9)
  • STOCH (9,6)
  • Ultimate Oscillator
  • Key Levels From the XRP Chart

• Why Is XRP Price Stuck – The Fundamental Side

• FAQs

Santiment Report: 4,300 New XRP Wallets – A Reversal Signal?

Santiment’s chart (attached) shows the spike in new wallet creations. The XRP Ledger saw 4,300 new wallets on May 20, the 4th highest daily increase this year. The chart also shows daily active addresses near 43,520, which is above average but not extreme.

Network growth measures how many new addresses are being created on the ledger for the first time. When this metric spikes, it often precedes price reversals because new participants are entering the ecosystem. Historically, sustained network growth has been a bullish leading indicator.

Source: X/@SantimentData

However, the price has not responded. XRP remains stuck. This divergence – positive on-chain signal vs. flat price – indicates that either the market is ignoring the data, or the new wallets are not yet translating into buying pressure.

XRP Chart Analysis (4-Hour) – Why Price Is Stuck

We attached a 4-hour XRP/USD chart from TradingView. Let’s break down what it shows.

Current price: $1.3616, down 0.16% in the last 4 hours.

Moving Averages

The 200-period moving average sits at $1.6923, well above current price. This is a bearish sign. XRP has been trading below this key long-term average for weeks. Every rally attempt gets rejected near $1.50-$1.55, which is still far below the 200 MA.

RSI (14)

41.84 (and 42.82 on the second RSI). This is in bearish territory but not oversold. Momentum is weak. Buyers are not stepping in aggressively, and sellers are not pushing hard either. The market is in equilibrium.

Source: TradingView

MACD (12,26,9)

The provided analysis says MACD is negative at -0.012. That means the fast line is below the slow line. Bearish momentum is present, though the gap is small. No bullish crossover in sight.

STOCH (9,6)

59.753. This stochastic reading is neutral. Buyers still retain some short-term momentum, but it is not strong enough to push price through resistance.

Ultimate Oscillator

54.346. Mildly positive, indicating that buying pressure slightly outweighs selling pressure, but the strength is moderate at best. We reported about this in our daily XRP price prediction earlier today.

Key Levels From the XRP Chart

Resistance:
$1.40 (immediate), then $1.50, $1.55, $1.60

Support:
$1.32 (local), then $1.30 (psychological), $1.26 (Fibonacci)

The 4-hour chart shows a descending triangle or a sideways channel that has been building since April. Price is compressed between a flat resistance near $1.40 and rising support near $1.32. The longer this compression lasts, the sharper the eventual breakout or breakdown.

Read also: XRP and Solana Price Outlooks as Goldman Sachs Exits XRP and SOL ETF Positions

Why Is XRP Price Stuck – The Fundamental Side

Institutional news has been positive but not price-moving. JPMorgan and Mastercard completed real-time tokenized Treasury settlement activity through XRP Ledger infrastructure. That is a big deal for utility. Yet XRP price did not respond aggressively.

The CLARITY Act passed the Senate Banking Committee on May 14 with bipartisan support. That should be bullish. But current XRP price behavior shows much of that optimism may already be priced in. Large buyers appear cautious until the legislation advances further toward a full Senate vote. The market wants a done deal, not a maybe.

Meanwhile, spot XRP ETFs have seen inflows for four straight days, with cumulative flows at $1.39 billion. That is a positive underlying demand. But it is not enough to overcome the broader macro headwinds – high yields, oil prices, and ETF outflows from Bitcoin.

The divergence is clear: on-chain metrics (new wallets, ETF inflows) are bullish. XRP price is not. This usually ends with price catching up. But timing is unknown.

XRP added 4,300 new wallets in 24 hours – a major network growth pump that historically signals reversals. Yet price remains stuck between $1.32 and $1.40. Technicals show RSI below 45, MACD negative, and price below the 200 MA.

Institutional news and CLARITY Act progress are positive, but the market is waiting for a clear catalyst. The longer the compression, the bigger the eventual move. Watch $1.40 resistance and $1.32 support.

FAQs

 **Why is XRP price stuck despite new wallet growth❓**

Network growth is a long‑term leading indicator, not a short‑term trigger. Price is held back by technical resistance ($1.40), weak RSI, and cautious institutions waiting for the CLARITY Act to pass the full Senate.

 **What does 4,300 new wallets mean for XRP❓**

It means new participants are entering the XRP Ledger. Historically, sustained network growth has preceded price reversals. The signal is positive but not immediate.