BroadChain News, April 26, 04:36, according to NewsBTC, XRP price encountered resistance at the $1.4540 level this week and failed to break through effectively as of April 22. It is currently trading at $1.44, up 0.7% in the past 24 hours. On-chain data shows that the whale outflow dominance of XRP on Binance has surged to 94.4%, while retail outflows account for only 5.5%, reaching a new high since October 2024.
CryptoQuant analyst Amr Taha pointed out that when whale outflow dominance rises to similar levels, it typically signals a short-term price rebound. After this indicator rose in October 2024, XRP subsequently surged by 525%; a similar pattern in June 2025 also brought a 71% gain. The current large-scale transfer by whales may provide momentum for a breakout from consolidation.
On the technical side, analyst Ali Martinez observed that the XRP 1-hour chart has formed a symmetrical triangle pattern, with the price currently testing the upper and lower boundaries. This pattern usually indicates a directional breakout, which, once confirmed, could trigger a move of approximately 10%. The market needs to wait for a clear signal before taking action.