XRP has Entered the final stage of April with one of her strongest releases on the series Year accumulation signals. Data from Santiment shows that 34.94 million XRP left trading platforms in a single 24-hour period on April 24, making it the sixth-largest exchange inflow day recorded so far in 2026.
The move comes as XRP trades at $1.43, having rebounded from the $1.30 levels that defined most of early April.
Millions of XRP are leaving exchanges at major on-chain signals
Exchange outflows measure the volume of tokens being withdrawn from trading platforms into private wallets This is an upward movement It shows the owner’s intent to accumulate their tokens.
According to To data from On-chain analytics platform Santiment XRP investors recently experienced one of the highest 24-hour accumulations from cryptocurrency exchanges so far this year. Notably, Santiment data shows that the latest spike in XRP outflows reached 34.94 million tokens in a single day. The 34.94 million XRP tokens that flowed from exchanges ranked as the sixth largest such event during 2026 alone.
Santiment’s XRP exchange outflow chart shows that each of the largest increases in outflows this year, which occurred in early January, late January, early February, late February, and late March, was subsequently accompanied by an upward price movement. In each case, the decline in supply held on the exchange gave way to a recovery in prices within days.
XRP exchange flows. Source: @santimentfeed on X
XRP enters wave 3 expansion setup
While on-chain data indicates accumulation, Technical analysis of Cryptocurrency analyst EGRAG CRYPTO has laid out a macro-level Elliott Wave framework on the monthly chart that could guide the XRP price path through 2026 and into 2027.
The guide is based on the 50 monthly exponential moving average, which is XRP Currently holds as support. According to EGRAG, the price fell to the 100 EMA on the monthly time frame in the previous market cycle before recovering. However, this cycle is unlikely to be repeated at this depth.
Currently, the 50 EMA is the primary accumulation area, while any wick to the 100 EMA will represent what the analyst describes as a rare once-in-a-cycle entry opportunity. The 100 EMA is currently located near the $0.96 price level.
The analyst’s biggest contention is that XRP may be moving from a wave 2 correction to a wave 3 expansion. Wave 1 marked the initial breakout of XRP to all-time highs in 2025, wave 2 is the correction that the price is now completing, and wave 3 is the expansion phase that is about to begin.
XRP price chart. Source: egracrypto on X
In Elliott Wave analysis, wave 3 is often treated as the strongest part of the trend. The monthly chart identifies wave 3 targets using the 1.618 Fibonacci extension of wave 1, With the expected range Between $15 and $31 if the price action goes this way.
Featured image from Unsplash, chart from TradingView
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