Bitcoinist
2026-04-27 00:00:34

XRP Flashes Rare On-Chain Signal As Massive Exchange Outflow Spike Emerges

XRP has entered the final stretch of April with one of its strongest on-chain accumulation signals of the year . Data from Santiment shows that 34.94 million XRP left exchanges in a single 24-hour period on April 24, making it the sixth-largest exchange outflow day recorded so far in 2026. The move comes as XRP is trading around $1.43, having clawed back from the $1.30 levels that defined much of early April. Millions Of XRP Leave Exchanges In Major On-Chain Signal Exchange outflows measure the volume of tokens being withdrawn from trading platforms into private wallets, and this is a bullish move that shows holder intent to accumulate their tokens. According to data from on-chain analytics platform Santiment, XRP investors recently went through one of their highest 24-hour accumulations from crypto exchanges so far this year. Notably, Santiment’s data shows that XRP’s latest outflow spike reached 34.94 million tokens in one day. These 34.94 million XRP tokens that flowed off exchanges rank as the sixth-largest such event within 2026 alone. Santiment’s XRP exchange outflow chart shows that each of the largest outflow spikes this year, occurring in early January, late January, early February, late February, and late March, was subsequently accompanied by bullish price action. In each instance, the drawdown in exchange-held supply gave way to a price recovery within days. XRP Exchange Outflows. Source: @santimentfeed On X XRP Entering Wave 3 Expansion Setup While on-chain data is pointing to accumulation, technical analysis from crypto analyst EGRAG CRYPTO laid out a macro-level Elliott Wave framework on the monthly chart that could guide XRP’s price trajectory through 2026 and into 2027. The guide is based on the monthly 50 EMA, which XRP is currently holding as support. According to EGRAG, price wicked down to the 100 EMA on the monthly timeframe in the previous market cycle before recovering. However, this cycle is unlikely to repeat that depth. As it stands, the 50 EMA is the primary accumulation zone, while any wick to the 100 EMA would represent what the analyst describes as a rare, once-in-a-cycle entry opportunity. The 100 EMA is currently around the $0.96 price level. The analyst’s bigger contention is that XRP may be moving from Wave 2 correction into Wave 3 expansion. Wave 1 constituted XRP’s initial breakout to new all-time highs in 2025, Wave 2 is the correction that the price is completing now, and Wave 3 is the expansion phase that’s about to kick off. XRP Price Chart. Source: @egragcrypto On X In Elliott Wave analysis, Wave 3 is often treated as the strongest part of a trend. The monthly chart maps Wave 3 targets using the 1.618 Fibonacci extension of Wave 1, with a projected range between $15 and $31 if the price action plays out this way. Featured image from Unsplash, chart from TradingView

最阅读新闻

相关新闻

获取加密通讯
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约