XRP Coin, one of the largest altcoins by market capitalization, is trading above $1.33, maintaining a positive trajectory against a backdrop of broader market unease. Iran’s prompt rejection of claims it would negotiate with the US has left little hope for progress before April 6, fueling fresh concerns among risk asset investors. Amid this uncertainty, XRP has distinguished itself with notable resilience—so what sets it apart today?
Ripple buyers step up as exchange outflows rise
Recent market data points to an upswing in XRP buying activity across both spot and ETF markets. Notably, cryptocurrency exchanges have reported more than 4,000 XRP withdrawal transactions within mere days, while single-day peaks neared 6,000. According to a recent CryptoQuant report, investors have renewed their appetite for XRP, drawn by accumulating opportunities during consolidation phases.
On-chain signals and accumulation patterns
Market analysts are highlighting XRP’s stubborn resistance, finding the ongoing price consolidation between $1.30 and $1.50 as a healthy signal. This price bracket has seen a marked uptick in accumulation, particularly from investors holding between 1,000 and 100,000 XRP. Despite turbulence in global markets, these mid-level holders continue to show conviction, withdrawing assets from exchanges and transferring them mostly into cold wallets. Given XRP’s relatively modest DeFi activity, the majority of these movements likely reflect long-term accumulation rather than speculative repositioning.
“Although XRP remains more than 60% below its all-time high, certain investors appear to be taking advantage of this period of price consolidation to steadily accumulate positions. This trend has been especially visible on Binance, which has recorded a resurgence in on-chain activity since late February,” one analyst observed.
While most major altcoins are contending with notable sell-offs—even seeing net outflows—XRP is bucking the trend. In fact, XRP has been the only large altcoin to record accumulation via the ETF channel recently, managing to attract $15.8 million in net inflows despite prevailing market volatility. The scale of Ripple’s actively managed products now stands at $2.269 billion, underscoring renewed institutional confidence in the token.
For comparisons, other major altcoins such as Solana (SOL) have experienced heightened selling pressure during the same period, while XRP continues to draw in new investment and outpace rivals on both technical and sentiment-based indicators.
XRP chart analysis: bullish scenarios and technical levels
Crypto analyst @Morecryptoonl notes in his latest review that the deep pullback some expected in the first quarter failed to materialize for XRP. Crucially, the coin’s price managed to hold above the $1.20 support. As a result, he suggests XRP is entering a recovery phase, and with further momentum, may target a new all-time high exceeding $5.67. In the event of a major downturn mirroring a so-called ‘crypto winter,’ $0.50 could remain a critical support threshold.
Another analyst, @wicktator, has shared an Elliott Wave Theory chart that places XRP in a ‘Wave 4’ corrective pattern, signaling that the token is nearing an ideal accumulation zone. The gray box featured on his chart identifies the area where prices might decline further but are expected to find support and bounce back, offering a potential entry for longer-term investors.
According to this analysis, once the current corrective phase concludes, XRP could begin a major upward movement known as ‘Wave 5.’ The analyst identifies $3.50 and $5.00 as key potential profit-taking levels for this prospective rally, reflecting optimism among traders monitoring these technical signals.
