XRP has shown fresh signs of recovery after weeks of downward pressure. The cryptocurrency is currently trading at $2.77 to $2.80, marking its third test of the crucial $2.70 support level in six weeks.
Crypto analyst Ali Martinez highlighted that XRP’s TD Sequential indicator has turned bullish. This technical signal suggests a potential rebound is underway after the asset defended its support zone.
TD Sequential flashes back-to-back buy signals on $XRP. Rebound setup in play! pic.twitter.com/nN8q4TD27c
— Ali (@ali_charts) September 1, 2025
The price action comes as XRP broke out of a descending trendline on the four-hour chart. This breakout has created the foundation for what analysts believe could be a 10% rally toward the $3.10 level.
Market data reveals a shift in trader behavior on September 1, 2025. After six consecutive days of outflows, XRP saw $1.92 million flow back into exchanges.
This reversal in exchange netflows often signals changing market sentiment. Historical patterns suggest that strong inflow days can trigger upward price movements for XRP.
The positive netflow change contrasts with the previous week’s trend. Traders had been moving XRP off exchanges, typically indicating long-term holding strategies.
Trading volume has responded to these developments. CoinMarketCap data shows an 11% increase in XRP’s 24-hour trading volume compared to the previous day.
Current technical analysis shows XRP facing resistance from its 15-day and 21-day Exponential Moving Averages. The asset needs to break above $2.825 to confirm the bullish scenario.
Liquidation data from CoinGlass reveals heavy positioning at key levels. Long positions worth $77 million are concentrated at the $2.825 resistance level. Short positions totaling $19.55 million sit at the $2.70 support.
This positioning suggests traders expect movement in either direction. A break above $2.825 could trigger a squeeze of short positions and fuel further gains.
If XRP successfully clears both moving averages and closes above $2.82, the path opens toward $3.10. This level represents approximately 10.50% upside from current prices.
The psychological $3.00 level also presents a key hurdle. XRP previously traded above this mark before the recent pullback began.
Despite the bullish technical setup, some caution remains warranted. Nearly $10 million worth of XRP moved to exchanges in the past 24 hours, suggesting some holders may be preparing to sell.
Binance exchange reserves increased by 61 million XRP during the same period. The exchange’s XRP holdings rose from 2.928 billion to 3.538 billion tokens as of September 1.
The combination of positive netflows and technical breakouts provides the foundation for XRP’s potential rally. Market participants are watching the $2.825 level closely as the determining factor for the next major move.
The post XRP Price Prediction: Exchange Netflows Turn Positive as TD Indicator Flashes Buy Signal appeared first on CoinCentral.
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