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

The move comes as XRP is trading around $1.43, having clawed back from the $1.30 levels that defined much of early April. 

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.

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.

Featured image from Unsplash, chart from TradingView