News View Non-AMP

XRP Price Today: $75 Million Withdrawn Amid Market Shift

Published by
Chandan Gupta

XRP, the native token of Ripple Labs, is once again showing strength as its price continues to soar. On February 19, 2025, the asset witnessed an impressive recovery, surging 6.5% from $2.51 to $2.65 in the past 24 hours.

Shift in Market Sentiment

This price jump and the ongoing market recovery seem to be gaining attention from crypto enthusiasts, leading to the accumulation of XRP tokens and bullish bets, as reported by the on-chain analytics firm Coinglass.

$75 Million Worth XRP Outflow

The current market sentiment appears to present an ideal buying opportunity, which might explain the significant withdrawal of assets in the past 24 hours. Data from spot inflows and outflows reveal that exchanges across the cryptocurrency landscape have witnessed a substantial outflow of $75 million worth of XRP tokens, indicating potential accumulation.

This bullish activity by investors and long-term holders occurred as the asset began showing signs of a price reversal from the ascending trendline that XRP has followed since the beginning of February 2025.

XRP Technical Analysis and Upcoming Level

According to CoinPedia’s technical analysis, XRP appears to be forming an ascending triangle pattern on the four-hour timeframe and is currently approaching the resistance level, or neckline, at $2.80.

With the current market sentiment and bullish investor activity, XRP could easily reach this level. Additionally, if market sentiment remains unchanged, XRP could hit $3.30 in the future.

Currently, XRP is trading near $2.65 and has surged over 6.5% in the past 24 hours. However, during the same period, its trading volume jumped by 11%, indicating heightened participation from traders and investors.

Chandan Gupta

Chandan Gupta is a crypto analyst and news writer at CoinPedia. He specializes in market analysis using on-chain metrics and industry insights to forecast market trends. With over four years of trading experience, Chandan simplifies complex concepts in technical and on-chain analysis, making them easy to understand. At CoinPedia, he leverages his expertise to identify and present emerging opportunities in the cryptocurrency space

Recent Posts

Ripple Price Prediction As XRP EVM Ledger Goes Live

Ripple’s XRP is making headlines this week with a big development; the much-anticipated EVM sidechain…

July 1, 2025

Circle Files for National Trust Bank License in the U.S.

Circle Internet Group Inc. (NYSE: CRCL), a top-tier stablecoin issuer, has applied for a national…

July 1, 2025

Solana Did 100x After Binance Listing—KNCH Just Hit BitMart, LBank & XT (Better Tech, Lower Entry)

Kaanch (KNCH) is anticipated to create a great impression in the market through its future…

June 30, 2025

Arbitrum Price Analysis: Can Robinhood’s Involvement Boost Bullish Sentiment for $ARB Price Soon?

Arbitrum (ARB) price was the best performing top-100 altcoins by market cap in the past…

June 30, 2025

John Deaton Says Wall Street Greed Could Push XRP, ETH & SOL Into Treasuries

Years ago, when John E Deaton, a well-known crypto advocate and legal voice in the…

June 30, 2025

Ethereum Price Eyes $5K as Short Squeeze Looms: Analysts Predict Major Breakout

As the Ethereum price approaches Q3, it has shown a notable 3% increase, surpassing the…

June 30, 2025