The post XRP Accumulation Rivals February; Market Shifts Could Propel Rally Toward $3.4 appeared on BitcoinEthereumNews.com.

XRP price outlook: XRP has rebounded above $3 after holding the $2.7–$2.8 support zone, and on-chain metrics show exchange outflows and accumulation. If $2.95 holds, holders could push XRP toward the next resistance at $3.4 within weeks. Exchange outflows show accumulation at levels comparable to February. Fed comments and macro risk-on lifted crypto markets, helping XRP regain momentum. Technical indicators (TD Sequential, CMF, moving averages) support a near-term bullish bias with $3.4 as the next key target. Meta description: XRP price outlook: accumulation rivals February levels and XRP has reclaimed $3; on-chain and technical signals point to a potential move toward $3.4 — read analysis. What is the current XRP price outlook? XRP price outlook is cautiously bullish: XRP rebounded from the $2.7–$2.8 support zone and climbed back above $3 after market-wide gains. On-chain exchange net position change and technical buy signals suggest accumulation and a likely challenge of the $3.4 resistance if $2.95 demand holds. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); How strong is XRP accumulation and what data supports it? Exchange net position change turned deeply negative in late August, a sign of reduced supply on exchanges and increased holder accumulation. Glassnode on-chain metrics show outflow magnitudes comparable to February, indicating meaningful conviction from long-term holders. Macro drivers amplified the move: Fed Chair Jerome Powell’s remarks at Jackson Hole increased market odds of a rate…

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Filed under: News - @ August 23, 2025 6:21 am