Apr 14, 2025
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XRP April Outflows Exceed $300 Million Amid Continued Price Struggles
The price of XRP increased over the weekend as bulls returned to the market. However, April has seen significant outflows, exceeding $300 million.
XRP’s April Outflows
- XRP recorded over $300 million in outflows during April.
- Only four of the first 13 days had positive net flows totaling $56.08 million.
- Nine days resulted in outflows amounting to $311 million.
- April's highest outflow day was $90 million, less than January and March's $150 million days.
This trend indicates a seller-dominated market, contributing to XRP's low price. Continuing negative net flows may lead to further price declines.
Future Price Predictions
- Analyst Egrag Crypto predicts a potential dip in XRP price towards $1.4 before recovery.
- Long-term expectations remain bullish, with targets set at $7.50, $13, and $27.
- Analyst emphasizes following both charts and news for market insights.
