XRP holds $1.34; $1.50 resistance persists despite record exchange outflows
Record XRP exchange outflows. Price stalls near $1.34.
XRP trades at $1.34, up 2.6% in 24h. Exchange withdrawals sit at record highs, yet price hasn’t confirmed the supply squeeze according to CryptoQuant.
Large outflows shrink liquid supply on venues. Historically that aligns with accumulation phases per CryptoQuant. The market still respects resistance.
Price remains range-bound. $1.45–$1.55 caps advances, with weak buy volume on tests Coinspeaker TradingView.
- Range: $1.20–$1.50 Coinspeaker
- Key break: reclaim $1.50 Coinspeaker
- Invalidation: close below $1.18 Coinspeaker
Standard Chartered’s 2026 target sits at $2.80, contingent on clearing resistance and sustaining volume Coinspeaker.
Momentum reads neutral to slightly bullish on the daily. Price holds above short-term MAs and below longer-term resistance, a setup that tends to resolve with a directional move over time TradingView.
Options price in volatility without a clear directional skew, reinforcing a “coiled spring” view Coinspeaker.
A related datapoint surfaced in a market tweet: the OCC Final Rule went live on Apr 1, and Ripple unlocked 1B XRP from escrow in the last 24h Twitter.
