NewsBTC
Feb 20, 2026 upd. 5 Mar

XRP Exchange Outflows Suggest Accumulation and Reduced Sell Pressure

2 min

XRP is facing sustained selling pressure amidst fragile market conditions, with analysts suggesting potential further downside if liquidity does not improve.

  • Exchange reserves are a key indicator of investor behavior, with rising reserves often signaling readiness to sell and declining reserves indicating accumulation or long-term storage.
  • Recent data from CryptoQuant shows a decrease in XRP supply on Binance, dropping from 0.027 to 0.025 over ten days, equating to approximately 200 million XRP withdrawn.
  • This reduction suggests possible accumulation by investors, positioning for recovery rather than immediate distribution.

XRP Ledger Exchange Supply Ratio | Source: CryptoQuant

XRP Price Struggles Below Key Moving Averages

  • XRP remains under pressure, trading below major moving averages, which serve as resistance levels.
  • The price structure shows a downtrend with lower highs and lows since a peak in mid-2025.
  • Volume patterns indicate reduced participation, potentially preceding a base-building period if selling pressure diminishes.
  • The $1.30–$1.40 zone acts as support, while resistance is expected between $1.80–$2.00.

XRP testing key demand level | Source: XRPUSDT chart on TradingView

The overall trend remains fragile, with cautious sentiment prevailing and potential for continued consolidation or downside risk unless XRP reclaims higher levels with strong volume.