XRP price faces massive sell walls at $1.61 and $1.85

Recent data provided by Glassnode highlights a challenging road ahead for XRP investors. The analysis identifies two significant sell walls located at the $1.61 and $1.85 price points, totaling roughly 4.5 billion coins. These walls act as major resistance levels where holders have placed large sell orders, effectively creating a ceiling for the current price action as we move through 2026.

A sell wall of this magnitude indicates that a large number of market participants are looking to exit their positions once the asset reaches these specific values. When price approaches these levels, the overwhelming supply often absorbs all available buying pressure, forcing the price to retreat. For traders, this creates a clear visual representation of where selling exhaustion is most likely to occur.

The volume of 4.5 billion coins is particularly concerning for bulls hoping for a quick breakout. Absorbing this much supply requires significant capital inflows and sustained market confidence. Without a major catalyst or a shift in macroeconomic conditions, the price may struggle to clear these hurdles in the short term. Investors are closely watching how the price behaves when it tests the $1.61 support, as a failure to break through could lead to a retest of lower support levels.

Market makers and institutional desks often use these sell walls to manage their own risk, providing liquidity to the market while capping upward momentum. It is common to see these orders moved or adjusted based on the prevailing sentiment, but for now, they remain a stubborn obstacle. The data serves as a reminder that market psychology is heavily influenced by previous entry points and the desire to break even or lock in gains.

For those active in the market, the strategy should focus on monitoring the volume as the price nears these levels. If buying volume does not increase substantially, it is unlikely that the resistance will be broken on the first attempt. Traders should prepare for potential sideways movement or minor pullbacks until the supply at these levels is fully exhausted or withdrawn by the sellers.