Ripple’s XRP drew market attention after Binance transaction activity fell to its lowest point of 2025.
The slowdown came as the token traded near a key support area, while several analysts pointed to both fresh downside risk and a possible long-term entry zone.
Meanwhile, the setup left the market with two clear themes. Exchange activity weakened, which pointed to softer short-term participation, while whale buying and Ripple’s latest business updates kept longer-term interest alive.
XRP outflows rise, bullish or bearish?
CryptoQuant analyst Arab Chain reported that XRP deposit and withdrawal transactions on Binance dropped to their lowest level this year. Over the last 30 days, deposit transactions totaled about 310,500, while withdrawals reached about 329,400.
That left a net negative count of around 18,900 transactions. The gap was not wide in absolute terms, but it still showed that more XRP left the exchange than entered it during a period of weak activity.
Arab Chain said these figures were far below earlier readings seen during 2025. In previous months, 30-day transaction counts had climbed above six million before turning sharply lower around mid-2025.
The latest data points to a market that has slowed down. Fewer transactions often mean less short-term speculation, especially when both inflows and outflows fade at the same time.
A negative net balance can also suggest that some holders are moving coins off exchanges into private wallets. Even so, the broader picture still reflects a quieter market rather than a clear rush to buy.
XRP price stays fragile
Ripple’s native token traded near $1.31 after slipping for two straight weeks. The token briefly moved below $1.30 on Friday as selling pressure spread across the wider crypto market during renewed tension in the Middle East.
According to CoinGecko data, the token market value is about $81.1 billion. That kept it slightly ahead of BNB, even as price action stayed soft and trading sentiment remained cautious.
The daily chart still leaned bearish. Bollinger Bands placed the middle band at $1.3957, the upper band at $1.5295, and the lower band at $1.2618, while spot price sat below the 20-day average.
Notably, that structure left sellers in control over the short term. XRP also traded closer to the lower band than the upper one, which suggested that buying interest had not yet returned in a strong way.
The RSI reading told a similar story. RSI stood at 39, while its average line came in at 42.71, keeping momentum below the neutral 50 level.
The chart did not point to panic selling, but it also did not confirm a reversal. The bands had narrowed, which often comes before a larger move, yet XRP still needed to reclaim the $1.39 to $1.40 zone to improve the near-term picture.
Analysts divided on XRP
Analysts tracking XRP offered a wide range of price paths. EGRAG CRYPTO described the current setup as a possible buying area, though he said the chart still carried risk while price stayed inside a falling wedge.
In his post, he wrote that a close above $1.80 would invalidate the bearish wedge structure. He also mapped out two opposite targets, placing downside near $0.83 and upside near $8.30, while warning that a break below the “ATLAS LINE” would weaken the setup further.
Other market watchers focused more on the risk of another drop before any recovery can take hold. CasiTrades said XRP had already broken $1.31 support and could now fall toward the $1.05 to $1.09 range.
Meanwhile, that view also included the chance of a short rebound before another leg down. According to the analyst, XRP could bounce toward $1.271 and then slide toward the $0.87 area if pressure persists.
ChartNerdTA also pointed to a weaker path. The analyst said XRP may still need one more move lower into the $0.80 to $0.70 zone to align with the current XRP/BTC weekly structure, though no final breakdown had been confirmed.
These views leave traders watching a narrow group of levels. The lower Bollinger Band near $1.26 acts as nearby support, while a move back above $1.396 would offer the first stronger sign that buyers are regaining some control.
ETF flows lag while whales accumulate
Institutional demand stayed light based on spot XRP ETF data compiled by SoSoValue. The products recorded a daily inflow of $64,610 on April 2, but the weekly tally still showed a net outflow of $3.56 million.
That flow picture suggested that broad conviction remained limited. Investors continued to take a careful approach as geopolitical stress and wider market weakness weighed on risk appetite.
Recently, large holders accumulated 190 million XRP over seven days, according to Santiment data cited by Ali Martinez, even as the token traded under pressure.
That buying trend may support the view that some major holders see value at current levels. It also fits with the exchange data, since outflows can sometimes reflect a shift toward storage rather than active selling.
Ripple’s recent business news added another layer to the story. As we reported earlier this week, the company launched Digital Asset Accounts and Unified Treasury, two products designed to let enterprises manage fiat and crypto side by side.
Ripple also received a credit-related boost after KBRA assigned Ripple Prime a BBB issuer rating. Ripple Prime, the company’s prime brokerage arm once known as Hidden Road, earned what CEO Brad Garlinghouse described as “clear validation” of its “strength, reliability, and tech.”