XRP (XRP) has surged over 30% over the past three months, and fresh technical and on-chain signals suggest the XRP/USD pair may have more upside ahead.
XRP/USD daily chart. Source: TradingView
Key takeaways:
- Exchange outflows, positive whale flows, and sturdy ETF demand are elevating XRP’s bullish outlook.
- The wedge configuration sees a price boost of approximately 30% through June.
Nearly 35 million XRP in exchange outflows increases the chance of improving the situation
According to Santiment on Saturday, XRP Ledger (XRPL) saw nearly 35 million XRP exchange outflows in the last 24 hours, representing the sixth-largest daily outflow of the year.
Large outflows from exchanges typically suggest that investors are moving tokens to private wallets or depositories, reducing the amount of XRP immediately available for sale. These jumps preceded modest increases in the price of XRP earlier this year.
Outflows from the XRP Ledger exchange and the XRP price. source: Santiment
In March, a similar boost in currency outflows was preceded by a roughly 20% rebound in XRP. February’s surge in outflows was followed by an even stronger move, with XRP rising by approximately 48-50%.
These precedents reinforce the view that the recent surge in pullbacks could lead to higher XRP prices in May.
Additionally, as of Saturday, U.S. XRP spot funds have seen three consecutive weeks of net inflows totaling approximately $82.88 million SoSoValue data. The good run has seen total assets under management boost to $1.1 billion.
XRP ETF weekly net flows. Source: SoSoValue
This indicates an increased institutional appetite for XRP products.
Positive whale flows enhance positive sentiment
According to. XRP whale flows also turned positive CryptoQuanta datasuggesting that larger portfolios are now pooling rather than separating.
The 90-day moving average of XRPL whale flows is back above zero after spending most of early 2026 in negative territory.
XRP 30DMA whale flow. Source: CryptoQuant
Historically, positive whale flow regimes have preceded stronger XRP price trends, including a rally in May-July 2025.
This change supports the broader accumulation narrative already apparent in exchange outflows and ETF inflows.
The XRP wedge setup points to a 30% upside next
The technical structure of XRP confirms this positive situation.
The XRP/USD pair has spent the last two years within a falling wedge, defined by two descending, converging trend lines. April’s rebound from the support of the lower trend line now increases the chances of a move towards the upper line.
XRP/USD weekly chart. Source: TradingView
By June, this target zone coincides with the 50-week EMA and the 0.5 Fibonacci retracement near $1.87-$1.89, which is about 30% above current levels.
Related: XRP holders are making profits again as the price has a 55% breakout potential.
Conversely, a decisive break below the lower wedge trendline risks completely invalidating the bullish narrative.
Instead, it could boost the likelihood of price falling towards the $0.98 level, aligning with the wedge tip and the 0.786 Fib line.
