XRP Navigates Pi Cluster Formation as 1.80B-Token Accumulation Zone at $1.75 Anchors Trading Structure

XRP is currently hovering around $2.07, reflecting a modest -0.76% decline over the past 24 hours. The token remains positioned above a critical foundation level at $1.83, with trading activity confined within an established intraday band. This price positioning reveals important structural dynamics being shaped by significant historical accumulation patterns.

Understanding the 1.80B-Token Concentration Zone

Market analysis reveals a substantial concentration of historical acquisitions forming what traders recognize as a critical cost basis cluster. Approximately 1.80 billion XRP were accumulated around the $1.75 price level, creating a defined reference area for market participants. This accumulation zone appears to be forming what’s known as a pi cluster — a dense concentration point where multiple historical acquisition waves intersect, creating enhanced structural significance.

The distribution map shows this concentration occurred between $1.75 and $1.78, representing one of the most relevant structural zones tracked throughout recent market cycles. Earlier data from trading sessions recorded supply readings of approximately 1,796,842,286 XRP at these levels, confirming the legitimacy of this cost basis foundation. This pi cluster formation has become increasingly important as it now serves as a reference frame for understanding broader market structure.

Price Movement Within Defined Boundaries

The 24-hour trading range has established clear parameters, with XRP moving between $1.83 (lower foundation) and $1.99 (resistance ceiling). The asset maintains its position above the immediate support level at $1.83, though upside attempts continue to encounter resistance near $1.99. Notably, hourly price action has remained controlled, displaying minimal sharp movements beyond these established boundaries.

In terms of Bitcoin valuation, XRP trades at approximately 0.00002281 BTC, showing alignment with the broader market weakness reflected in the 24-hour percentage decline. This correlation suggests that XRP’s recent price behavior follows wider cryptocurrency market trends rather than isolated token-specific factors.

Historical Accumulation Patterns and Current Market Context

Throughout mid-2025, the market demonstrated recurring interaction with the $1.75-$1.78 band, reinforcing its role as a structural zone. These repeated touches at this level weren’t coincidental but rather reflected sustained interest from accumulation participants. The pi cluster formation at this price area has progressively solidified its importance as a market reference point.

Despite the current price remaining above the cost basis zone at $1.75, traders maintain focus on the $1.83 support level as the immediate area requiring defense. Should this boundary weaken, renewed pressure toward the broader $1.75 accumulation area would become the next structural concern. Conversely, sustained trading above $1.99 would signal potential movement toward fresh resistance areas.

The confined trading range demonstrates that XRP remains caught between short-term technical levels and the broader pi cluster supply concentration, with neither bulls nor bears currently commanding decisive directional control.