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Key takeaways:
- XRP at $1.4114 – testing horizontal support at $1.40.
- RSI at 31.29 – approaching oversold, signal line at 36.87, both falling.
- Whale-to-exchange transactions: 192 – near zero after 38K peak on April 11.
- Exchange depositing transactions: 28 – near the floor of the entire dataset.
- Exchange withdrawing transactions: 12 – lowest since 2021.
- Lower high pattern: April 17 peak $1.51, April 22 peak $1.46.
When exchange withdrawals drop to 12, the lowest reading since 2021, the instinct is to frame it as a single bearish signal. XRP holders keeping coins on exchanges rather than moving to self-custody. That is one reading. The full picture across four simultaneous metrics tells something more specific.
Whale-to-exchange transactions on Binance stand at 192. Exchange depositing transactions sit at 28. Exchange withdrawing transactions are at 12. Every directional flow of Read Entire Article
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