XRP is attracting renewed buying even as broader markets remain unsettled. Recent data shows stronger demand across both spot and ETF channels, with crypto exchanges recording more than 4,000 XRP withdrawal transactions within days and single-day totals nearing 6,000. A recent CryptoQuant report said investors have been using the consolidation phase to build positions.
Accumulation builds in the $1.30 to $1.50 range
On-chain signals point to steady accumulation rather than panic repositioning. Analysts have described XRP’s hold within the $1.30 to $1.50 range as a healthy structure, with a visible pickup in buying from wallets holding between 1,000 and 100,000 XRP. Those mid-sized holders have kept moving coins off exchanges, with much of the supply heading to cold wallets despite turbulence in global markets.
XRP’s relatively limited DeFi activity adds weight to that interpretation. The transfers are more likely tied to long-term accumulation than short-term speculative rotation. One analyst said XRP still trades more than 60% below its all-time high, yet some buyers appear to be taking advantage of the consolidation period, a pattern that has been especially visible on Binance since late February as on-chain activity recovered.
XRP stands out among large altcoins in ETF flows
While many major altcoins have faced selling pressure and even net outflows, XRP has moved the other way. The report said XRP was the only large altcoin recently to post accumulation through the ETF channel, bringing in $15.8 million in net inflows. Ripple’s actively managed products now total $2.269 billion, a sign that institutional interest in the token has improved.
The contrast with rivals has been notable. During the same period, Solana (SOL) and other major altcoins saw heavier selling, while XRP outperformed on fund flows as well as technical and sentiment indicators.
Analysts track support at $1.20 and upside targets above $3.50
On the chart side, analyst @Morecryptoonl said the deep first-quarter pullback many expected never arrived for XRP. The token held above the key $1.20 support level, and that has led him to frame the current setup as a recovery phase. If momentum continues, he said XRP could aim for a new all-time high above $5.67. In a much weaker market scenario similar to a crypto winter, $0.50 would remain a critical support area.
Another analyst, @wicktator, used Elliott Wave Theory to place XRP in a corrective Wave 4 structure, arguing that the token is approaching an attractive accumulation zone. His chart marks a gray support box where price could still fall before finding support and bouncing. Under that view, once the correction ends, XRP may begin a larger Wave 5 advance, with $3.50 and $5.00 highlighted as possible profit-taking levels.