XRP has seen renewed attention as Ripple returned 700 million XRP to escrow after the usual monthly release. Analysts have followed the move because it came during a period of rising inflows to Binance and the sudden price jump. According to Whale Alert, “500,000,000 XRP” and “200,000,000 XRP” were moved back into escrow, respectively. Market Structure and Intraday Price Behavior XRP price is trading near $1.39 after a 3% move in the past day, as the market saw a clear change in the intraday pattern after Bitcoin crossed the $70,000 resistance. The early session carried a mild drift lower as sellers kept control and the price moved from $1.37 toward $1.34. The move lacked fast pressure, yet it shaped a short period of lower highs and kept the structure weak The move triggered buy-side interest because it broke the short-term resistance. Some short sellers covered positions as liquidity was taken above earlier levels. After the jump, XRP held most of the gain and traded between $1.38 and $1.40 while forming higher lows. This behavior gave the market a more stable tone because the price did not return to the earlier range. Source: X Moreover, according to an analyst, Chatnerd, the XRP buy-side liquidity sits above the $1.50 to $1.70 zone. They warned that the price may move into that region before any larger swing, while the $1.30 to $1.20 band must hold to support the current setup. Escrow Activity and Exchange Flows Ripple’s decision to relock 700 million XRP again drew attention because it followed the regular release process on March 1. The pattern is now common, and it often leaves only a portion of around 30% of the released amount in circulation. However, with the recent crypto market tensions due to the US-Iran war, the market kept focus on the event and new reports of large inflows to Binance. According to CryptoQuant data, net flows reached about 470 million XRP within one week. As per analyst StephIsCrypto, this move may bring near-term sell pressure if holders decide to take profit from the recent price jump. Source: X The inflows created new attention on liquidity conditions. Some traders viewed the deposits as a possible supply event, though there was no confirmation that the tokens would be sold. However, on X, users noted that exchange inflows tend to rise during periods of price compression. XRP Price Technical Outlook and Near-Term Prediction According to crypto analyst Dark Defender, the XRP chart still shows a macro downtrend because the token continues to form lower highs and lower lows. Per the analyst's chart, a long descending trendline has acted as resistance since January. Consequently, there is a possible completion of a C-wave near $1.12 to $1.15, where a sharp wick formed earlier. Since that move, the price entered a new range. Dark Defender noted that the XRP price now trades between the $1.21 Fibonacci support and the $1.47 Fibonacci resistance, which has created another compression area. However, the XRP price is also touching the descending trendline near $1.38 to $1.42, and this level is now the key decision point for the next move. A break above the line could open the way to $1.47 and then toward the supply area between $1.60 and $1.85 if volume expands. Source: X Meanwhile, the Relative Strength Index (RSI) sits near the mid-range and shows a mild upward curl. This suggests that selling pressure is not as strong as before, although buyers need more momentum for a confirmed shift. Consequently, as per the analyst, there is a chance for the XRP price to continue its recovery before the RSI is overbought. Moreover, with BTC rising, crypto analyst Javon Marks' prediction, as we reported, that a possible 600% increase for the XRP/BTC pair is incoming, may be looming, and a development like that could push XRP's price above $10
