XRP outflows reach $76 million – will this push the altcoin to $3.20?

In the last 24 hours, XRP outflows reached $76 million, showing accumulation potential. At a price of $2.61, XRP is up 1% with trading volume increasing by 11%. A key support from an ascending trendline established since February 2025 is currently aiding this recovery.

Intraday traders are heavily positioned, holding over $124 million in long bets at $2.44. If XRP remains above $2.50, an upward move by 22% to $3.20 is likely. Despite being under the 200 EMA, the sentiment remains bullish as traders engage actively.