XRP Price Stable Above $1.39 Amid Institutional Accumulation

XRP's price has shown resilience above $1.39, despite experiencing a decline of over 20% year-to-date in 2025. Data from CryptoQuant indicates that large-scale transactions on Binance accounted for 94.4% of total withdrawals on April 24, with retail participation at just 5.5%. This concentration of buying activity is often seen as a precursor to an uptrend.

The spot cumulative volume delta for XRP has increased by $310 million over recent weeks, suggesting genuine buying pressure. Meanwhile, the Binance perpetual futures CVD declined to -$392 million, indicating that futures market participants maintain net short positions.

Technical analyst Ali Martinez has forecasted a potential 10% surge in XRP's value, targeting approximately $1.58 upon breakout confirmation. His analysis suggests that the asset is poised for a trend reversal, following a symmetrical triangle formation on the hourly timeframe.