Daily News 19

Tag: XRP price analysis

  • XRP Drains From Exchanges as Data Points to Potential Rally

    XRP Drains From Exchanges as Data Points to Potential Rally

    Key Highlights

    • Binance XRP reserves recorded a net negative flow of approximately 102,912 tokens as outflows dropped 25.96% versus a 20.37% decline in inflows, signaling holders are moving supply off-exchange during the price rally.
    • Whale inflows to Binance surged to 1.6 billion XRP over the prior 30 days—the highest since March—yet exchange reserves rose only 0.22% above the quarterly baseline, indicating high turnover and repositioning rather than distribution.
    • XRP’s fully diluted market cap remains elevated near $139 billion despite the pullback from $150 billion peak, while circulating-supply market cap holds around $94 billion, suggesting no fresh wave of exchange selling has materialized.

    Binance Exchange Reserves Signal Accumulation Over Distribution

    XRP traded at $1.5176 on September 22, consolidating within a daily range of $1.5062 to $1.5398 after retracing from a session high of $1.57. While the pullback may appear to signal fading momentum, on-chain exchange data from CryptoQuant paints a more constructive picture. Binance, the largest centralized venue for XRP, has seen its token reserves contract. Inflows to the exchange declined 20.37%, but outflows fell more sharply at 25.96%, producing a net outflow of roughly 102,912 XRP. Because tokens held on exchanges are immediately available for sale, this net reduction in exchange-held supply suggests a cohort of holders is withdrawing tokens to private wallets rather than liquidating into the recent recovery.

    Whale Activity Shows High Turnover, Not Selling Pressure

    Adding nuance to the reserve data, CryptoQuant contributor Arab Chain reported that large-wallet inflows to Binance reached approximately 1.6 billion XRP over the previous 30 days, marking the highest cumulative reading since March after a lull in May through July. Yet Binance’s total XRP reserve ended the week at 2,630,628,140 XRP—only 0.22% above its quarterly baseline and 0.34% higher week-over-week. The disconnect between massive whale inflows and minimal reserve growth points to elevated turnover: whales are actively moving large volumes, but the tokens are not accumulating on the exchange order books. This pattern aligns with repositioning or custodial rotation rather than a coordinated distribution campaign.

    Market Cap Resilience Supports Bullish Structure

    Broader capitalization metrics reinforce the absence of heavy selling pressure. XRP’s fully diluted market cap, which accounts for all tokens in existence, expanded from roughly $103 billion early in the rally to over $150 billion at the peak before settling near $138.97 billion. The circulating-supply market cap currently sits closer to $94 billion. Despite the price correction from the rally high, both measures remain elevated while net exchange flows stay negative. This combination indicates the pullback has not yet triggered a significant increase in exchange-available supply, preserving the underlying bullish structure.

    September Seasonality Presents Historical Headwind

    One countervailing risk factor is XRP’s September seasonal track record. In seven of the past eight years, September performance moved opposite to August’s direction. In the two instances where August closed positive—2020 and 2021—September delivered declines of 14% and 19.6%, respectively. This pattern is especially relevant in 2024 because XRP posted a 30% gain in August, its strongest August since 2021. While seasonal tendencies are not deterministic, the historical precedent adds a potential headwind as the month enters its final stretch.

    Why This Matters

    The divergence between surging whale inflows and flat exchange reserves highlights a critical analytical distinction for crypto market participants: large on-exchange movements do not automatically equate to selling intent. When reserves fail to grow despite heavy inflows, it often signals that sophisticated actors are rotating custody, rebalancing across venues, or positioning for future catalysts rather than exiting positions. For XRP specifically, the negative net flow during a price advance suggests conviction among holders who anticipate higher levels. However, the strong August performance combined with a historically bearish September seasonal profile creates a tactical tension. Traders and investors should monitor the $1.55 resistance for a breakout toward $1.68 and the $1.4860 support zone for structure validation, while weighing seasonal probability against the current on-chain evidence of accumulation.

    Frequently Asked Questions

    What does a net negative exchange flow mean for XRP price action?
    A net negative flow indicates more XRP is leaving Binance than entering, reducing the immediately sellable supply on the exchange. This typically reflects holder conviction and can support prices during rallies by limiting available liquidity for selling.
    Why are whale inflows rising while Binance reserves stay flat?
    The 1.6 billion XRP in whale inflows over 30 days has not translated into higher reserves because outflows are matching or exceeding inflows. This suggests whales are actively trading or moving tokens between custodial solutions rather than depositing to sell.
    How reliable is XRP’s September seasonal pattern as a trading signal?
    Seasonal patterns are statistical tendencies, not deterministic rules. While seven of the last eight Septembers moved opposite to August, and the two post-positive-August years saw double-digit declines, market structure, macro conditions, and token-specific catalysts can override historical seasonality.
  • Bitcoin, Ethereum, XRP Price Predictions Today: Why Crypto Is Falling

    Bitcoin, Ethereum, XRP Price Predictions Today: Why Crypto Is Falling

    Crypto Market Pulls Back: Bitcoin, Ethereum, and XRP Technical Analysis Amid Treasury Buybacks

    The global cryptocurrency market capitalization declined to $2.75 trillion, marking a 1.2% drop over the past 24 hours, with trading volume reaching $95.24 billion. Major assets retreated across the board: Bitcoin slipped to $78,218.90, Ethereum eased to $2,470.18, and XRP fell to $1.39.

    Bitcoin: Cooling Off, Not Breaking Down

    Bitcoin remains trapped in a resistance zone between $80,000 and $82,000, while support holds firm between $73,000 and $75,000. Chart analysts indicate the pullback follows an overbought signal on the 3-day RSI, combined with a confirmed bearish divergence that emerged roughly a week ago after Bitcoin’s recent short squeeze. Together, these signals point to further consolidation or a mild pullback rather than a sharp reversal.

    Liquidation data highlights the more immediate level to watch between $77,200 and $77,400, with additional liquidity below that near $76,100. A dip toward the $76,000–$77,000 range remains a plausible near-term scenario, even as the broader multi-year trend stays intact.

    Ethereum: Still Structurally Bullish Despite the Dip

    In the near term, Ethereum faces resistance around $2,520 to $2,530, a level that has rejected price multiple times in recent weeks. The analyst noted that repeated tests of resistance without a sharp rejection tend to weaken that resistance over time, increasing the odds of an eventual breakout. However, a potential bearish divergence remains a risk if Ethereum’s RSI fails to clear its prior high during any breakout attempt.

    XRP: Holding Key Support Amid Sideways Action

    XRP continues to defend a critical support zone between $1.30 and $1.40 on the weekly chart, with the token trading sideways in the shorter term. Immediate support sits near $1.34 to $1.35, while resistance lies at $1.46 to $1.47. Because Bitcoin dominance has pulled back slightly, altcoins including XRP may hold up better than Bitcoin during this cooling-off period rather than falling in lockstep.

    Treasury Buybacks Add a Macro Layer

    Away from the charts, the U.S. Treasury bought back $12.5 billion in short-term debt today and is expected to repurchase up to $6 billion in long-term bonds tomorrow—triple the usual size. The moves are aimed at managing bond market liquidity and containing yields, a dynamic that continues to factor into broader risk asset sentiment alongside crypto’s technical setup.

  • XRP Falls to $1.35: Why Dip Buyers Should Watch This Key Price Zone Next

    XRP Falls to $1.35: Why Dip Buyers Should Watch This Key Price Zone Next

    Ripple (XRP) has recorded a strong streak of inflows into its spot exchange-traded funds (ETFs), with more than $150 million entering the products across nine consecutive trading sessions since August 18, according to SoSoValue data.

    The latest ETF demand has renewed discussion of an XRP “super cycle,” following the cryptocurrency’s rally from $0.98 to $1.70 that began two weeks ago. XRP has since pulled back to approximately $1.35.

    Falling Exchange Reserves Support XRP Accumulation

    XRP reserves held on exchanges have declined steadily since March. The metric recently fell below its July low, signaling that accumulation may still be taking place as investors move tokens away from trading platforms.

    XRP Sharpe Ratio Reaches Highest Level Since August 2025

    The Sharpe Ratio measures an investment’s risk-adjusted return. Data from CryptoQuant shows that XRP’s Sharpe Ratio on Binance has risen to 0.207, its highest level since August 2025.

    The metric had recently remained near -0.3 while XRP traded toward the $1 level. The cryptocurrency’s renewed bullish momentum has contributed to the improvement in risk-adjusted returns.

    However, a stronger Sharpe Ratio does not guarantee a sustained price recovery. Even so, the continued spot ETF inflows and declining exchange reserves provide encouraging signals for XRP bulls.

    XRP Price Structure Turns More Bullish

    Daily XRP price action showed a sharp bullish move. The previously bearish swing structure was invalidated after the token broke above the July high near $1.18, marked by the dotted green line on the chart.

    At the time of writing, XRP was undergoing a pullback toward the $1.13-$1.25 range. This area could become an important zone for determining the cryptocurrency’s short-term direction.

    Short-Term XRP Bias Could Turn Bullish

    Crypto analyst Ali Martinez noted on X that XRP had broken above resistance from a descending trendline. As often happens with triangle patterns, however, the initial bullish breakout has since retraced.

    Despite the pullback, XRP’s short-term bias appears close to turning bullish. The retracement into the $1.13-$1.25 golden pocket remains in progress, while the $1.30 area continues to represent a key long-term support level.

    If XRP successfully tests these demand zones, buyers could regain control and drive the next leg of the price trend.

    XRP’s Sharpe Ratio has improved from approximately -0.3 in July to 0.207, its highest level since August 2025. Strong spot ETF demand, declining exchange reserves and a bullish shift in price structure have strengthened the outlook, with further gains from the $1.30 support area appearing possible.

  • XRP Defies Pre-September Fears as Analyst Explains Why History Favors a 12.19% Rise

    XRP Defies Pre-September Fears as Analyst Explains Why History Favors a 12.19% Rise

    September is traditionally viewed as one of the weakest months for the cryptocurrency market, but XRP may be positioned to defy that seasonal trend. While investors have held back ahead of a potential downturn, technical analyst Xaif Crypto has identified a notable historical pattern: since 2018, XRP has ended September higher five times and lower three times, producing an average return of 12.19%.

    September has historically been decent for $XRP average return of +12.19%, with 5 green Septembers vs 3 red since 2018.The odds have leaned bullish for $XRP heading into September. https://t.co/KleXy0FNo5 pic.twitter.com/33GdYlKgnz
    — Xaif Crypto (@Xaif_Crypto) August 31, 2026

    The historical performance contrasts with Bitcoin’s typical behavior, as the leading cryptocurrency often enters a correction before September begins. XRP’s current resilience is further supported by a rare period of market synchronization: during the final hours of August, XRP, XLM and Bitcoin formed identical weekly setups at the same time.

    All three assets bounced successfully from their local lows and are now testing key reclaim levels. For XRP, the critical support level is $1.35, while Bitcoin has held the $77,600 level.

    From a technical-analysis perspective, the appearance of synchronized patterns immediately before a new month may signal that major capital is positioning for a potential upward move.

    Legislation, ETF inflows and escrow could support XRP

    The bullish case for XRP extends beyond the charts, with several developments creating a supportive news backdrop at the end of August.

    Record XRP ETF inflows

    According to SoSoValue, weekly net inflows into spot XRP exchange-traded funds reached a record $110.49 million, while total assets under management rose to $1.44 billion. Banking giant Goldman Sachs also reported in its 13F filing that it held more than $86 million in XRP ETF positions.

    CLARITY Act vote

    A key Senate vote on the CLARITY Act is scheduled for Sept. 15. If passed, the legislation would establish XRP’s status as a digital commodity and remove a major source of regulatory uncertainty.

    Scheduled escrow release

    Ripple is scheduled to release 1 billion XRP tokens on Sept. 1. However, the unlock is not expected to put significant pressure on order books because between 600 million and 800 million XRP have historically been returned immediately to new escrow contracts.

    The market’s coordinated movement in lockstep, combined with institutional inflows, could create conditions for XRP to repeat its historical average September return of 12.19% and challenge bearish expectations ahead of the month.

  • Experienced Analyst: “XRP Has Surpassed the Expected Level—Here’s the Next Target!”

    Experienced Analyst: “XRP Has Surpassed the Expected Level—Here’s the Next Target!”

    Crypto analyst Ali Martinez says XRP could target $1.70 in the short term after testing a critical support zone and breaking through resistance.

    According to Martinez’s analysis, XRP rallied approximately 71.8%, climbing from $0.988 to $1.698. The cryptocurrency then entered a correction of roughly 20%, falling back toward a key demand zone where trading activity was concentrated.

    XRP support zone at $1.35-$1.38

    Martinez highlighted on-chain cost distribution data similar to URPD (UTXO Realized Price Distribution). The data shows that approximately 3.2 billion XRP changed hands between $1.35 and $1.38, making this range one of the most important support zones for XRP, according to the analyst.

    If this support holds, Martinez identified the following resistance levels for XRP’s potential upward move:

    • $1.60: Approximately 1.99 billion XRP traded.
    • $1.68: Approximately 1.98 billion XRP traded.
    • $1.86: Approximately 3.47 billion XRP traded.

    Could XRP reach $2.19?

    Martinez believes a break above $1.86 could be particularly significant for XRP. A strong move through that level could open the way for a further rally toward $2.19, according to the analyst. Approximately 3.12 billion XRP previously changed hands around the $2.19 level.

    In a subsequent post, Martinez said XRP had broken through short-term resistance, adding that “the breakout has been confirmed.” He identified $1.70 as the next target in the current technical outlook.

    XRP was trading at approximately $1.41 at the time of writing, up about 1.37% over the previous 24 hours.

    This is not investment advice.

  • Expert Identifies Key XRP Price Levels to Watch

    Expert Identifies Key XRP Price Levels to Watch

    XRP is approaching a critical technical juncture after entering a 20% correction from its recent local high. On-chain data points to several key support and resistance levels that could determine the cryptocurrency’s next move.

    XRP support zone near $1.35

    According to market analyst Ali Martinez in an August 29 X post, XRP rallied 71.8% from $0.988 to $1.698 before pulling back to test a major demand zone between $1.35 and $1.38.

    Glassnode’s UTXO Realized Price Distribution (URPD) data shows that approximately 3.2 billion XRP were previously traded within this range, making it one of the asset’s most significant support areas.

    The concentration of trading activity suggests that many holders accumulated XRP in this zone, potentially creating strong buying interest if the cryptocurrency remains above the support region.

    Key XRP resistance levels

    The URPD data also identifies several major resistance levels above the current price. The first notable barrier is at $1.60, where approximately 1.99 billion XRP were traded.

    XRP price analysis chart. Source: Glassnode

    Another resistance level is located at $1.68, supported by about 1.98 billion XRP in historical trading volume.

    The most significant resistance appears at $1.86, where approximately 3.47 billion XRP previously changed hands. This represents the largest concentration of trading activity above the current support zone and could become a major hurdle for bulls attempting to regain momentum.

    If XRP successfully defends the $1.35-$1.38 support region and reclaims the higher resistance levels, a move above $1.86 could open the door to further gains. Beyond that level, Martinez identified $2.19 as the next major target, where another 3.12 billion XRP were traded, according to URPD data.

    XRP price outlook

    A sustained breakout above $1.86 would indicate that buyers had absorbed a significant amount of overhead supply, increasing the likelihood of a rally toward the $2.19 area.

    At press time, XRP was trading at $1.39, down nearly 6% over the past week.

    XRP seven-day price chart. Source: Finbold

    Despite the recent correction, XRP remains technically bullish, trading above its 50-day simple moving average (SMA) at $1.13 and its 200-day SMA at $1.28. This positioning suggests that the broader uptrend remains intact, with both moving averages potentially acting as support during pullbacks.

    Meanwhile, the 14-day relative strength index (RSI) stood at 64.75, just below the overbought threshold of 70. The reading points to strong buying momentum while suggesting that XRP may be approaching a zone where short-term upside could become more limited if buying pressure accelerates further.

    Featured image via Shutterstock