The XRP crypto is trading at $1.32, and while the price chart looks shaky, the on-chain data underneath tells a different story.
The on-chain scarcity indicator for
The scale is not subtle. On March 10 alone, approximately $738 million worth of XRP was withdrawn from major platforms in a single 24-hour window, which is described by analysts as one of the largest single-day net outflows recorded since the start of the year.
In February, 7.03 billion XRP left centralized exchanges entirely, with Binance accounting for approximately 3.38 billion of that volume. The supply mechanisms are evolving – but the price has not yet fully incorporated this.
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XRP Crypto Price Prediction: Can $1.40 Hold as Exchange Balances Drop?
XRP is pushing against the $1.40 resistance area that analysts have flagged as the critical battleground. Below, the $1.27 to $1.30 band represents the next significant support group.
The daily RSI is hovering around 42 – not oversold, but also not generating momentum signals. The 50-day EMA sits just above the spot price, capping intraday recovery attempts.
On-chain divergence is the real tension here. Whale wallets accumulated around 40 million
CoinShares data puts global XRP fund outflows at $130 million for the month. Institutional selling and whale buying collide directly at $1.40.
On the chart, $1.27 is the line that really matters, because as long as price stays above this level, the accumulation story remains intact, especially with whales stepping in and ETF flows starting to stabilize, which could open the door for a push to $1.40 and further upside if momentum follows.
But at the moment it’s more of a tug-of-war, with XRP likely to fall to between $1.27 and $1.40 while the market muddles through, as you have heavy accumulation on one side and persistent selling pressure on the other, and neither has fully taken control yet.
If this $1.27 level exceeds volume, the entire pattern begins to collapse quickly and opens the door for a deeper pullback, because at this point price no longer respects the accumulation zone, and this always takes priority over any on-chain signal.
What makes this cycle different is the institutional layer, with players like Bitwise holding huge shares of
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The article Crypto XRP Holders Pull Coins From Exchanges and On-Chain Data Signals Supply Clash appeared first on Cryptonews.
