XRP Holders Are Pulling Coins Off Exchanges – History Points To A Strong Move
XRP is struggling at $1.35. The market is bracing for a volatile week. And quietly, the data on Binance is telling a story the price chart has not yet decided to believe. The daily structure is unambiguous and has been for months. XRP peaked near $3.90 in late July 2025 and has traced a textbook descending staircase ever since — lower highs in August, October, January, and March, each rally sold into at a lower level than the one before. The February capitulation wick to $1.15, accompanied by the heaviest sell volume on the entire chart, established the floor the market is currently defending. That defense has held. It has not yet become a foundation.Related Reading
All three moving averages confirm the structural damage. The 50-day MA has crossed below the 100-day MA — a death cross on the intermediate timeframe — and both are accelerating lower toward the $1.60–$1.80 region. The 200-day MA descends from approximately $2.10, so distant from the current price that reclaiming it is a medium-term ambition, not a near-term target.
Today’s candle is constructive. The trend surrounding it is not. XRP needs a daily close above $1.45 to begin suggesting the post-capitulation range is building a base rather than forming a continuation pattern toward lower levels.
Featured image from ChatGPT, chart from TradingView.com
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