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$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
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