Ripple’s XRP is navigating a crucial phase, with its momentum facing a test as On-Balance Volume (OBV) shows signs of cooling accumulation. While OBV remains bullish within an ascending channel, analyst notes suggest potential short-term pressure despite ongoing buyer strength. 2024-early-2025 data reveals a sharp surge in XRP’s OBV, indicating strong accumulation before stabilizing around $12B. This suggests sustained buying pressure likely fueled by increased trading activity and optimistic market sentiment. Current trends show OBV retreating toward the lower boundary near $12B, hinting at potential profit-taking or distribution, while remaining above its long-term support line. Technical indicators suggest a balance between buying and selling volume within this range, with recent movement suggesting that short-term pullbacks are not eroding underlying demand. Notably, analysts observe a slight decrease in the OBV trend’s strength, raising questions about whether the asset will sustain momentum or enter a consolidation phase as we approach year-end. RSI data supports XRP’s bullish trajectory, showing both price and RSI are making higher highs, signifying strong buyer control and maintaining healthy market conditions. However, this positive structure could be affected if OBV drops below $12B. If the price breaks above $16-$17B range, it may reignite buying activity among traders. The OBV trend remains critical in determining whether XRP maintains its upward trajectory or transitions into a more consolidated phase.