BroadChain, April 27 - According to Bitcoinist, XRP recorded its largest exchange outflow day of the year on April 24, with 34.94 million XRP moving from trading platforms to private wallets in a single day, marking one of the strongest accumulation signals in 2026.
XRP is currently trading at $1.43, recovering from the $1.30 level seen in early April. Data from on-chain analytics platform Santiment shows that the previous five large-scale outflows were all followed by price rebounds within days.
Analyst EGRAG CRYPTO, based on the monthly 50 EMA, indicates that XRP is transitioning from Wave 2 correction into the Wave 3 expansion phase. According to the 1.618 Fibonacci extension of Elliott Wave theory, the target range is estimated at $15 to $31.