XRP Price Prediction: Can Buyers Push XRP Above $1.15 as Exchange Outflows Continue?
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XRP has defended key support at $1.08 and trades near $1.11 as exchange outflows from CEXs suggest holders are accumulating, signaling tentative token accumulation in the crypto market. However, the technical structure remains bearish with XRP below major EMAs, and a decisive bullish confirmation would require a sustained move above $1.15 accompanied by rising open interest, so the update is cautious rather than clearly positive for price or adoption.
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- XRP holds above $1.08 support, but major EMAs continue to reinforce bearish pressure.
- Exchange outflows suggest holders are accumulating despite subdued market sentiment.
- Rising price with higher open interest would confirm stronger bullish participation.
XRP has started to show signs of stability after weeks of sustained selling pressure, giving traders a reason to monitor the market more closely. The token currently trades near $1.11 after defending an important support area around $1.08.
Although buyers have slowed the recent decline, the broader trend still favors sellers because XRP remains below every major exponential moving average. Consequently, market participants continue to treat the latest rebound as a recovery attempt rather than the beginning of a lasting bullish trend.
Technical Structure Still Favors Caution
The daily chart continues to refl…
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