XRP has been stuck in the sideways range over the past 20 days, while being unable to break above the $1.40 mark. Nevertheless, the latest data from the exchanges and on-chain activity suggest that a bullish trend may soon appear, as the selling on Binance is losing strength.
Source: TradingView
Also Read | Ethereum Price Targets $2,600 as $8.5T Stablecoin Activity Fuels Momentum
XRP Binance Deposits Hit Lows
As pointed out by crypto analyst Amr Taha, this change in the movement of XRP on the Binance platform indicates a notable difference in the fund flow. There is an increase in the number of XRP withdrawals, while the number of deposits decreases significantly.
Source: CryptoQuant
At present, the seven-day average figure for XRP withdrawals is around 53% while the deposit level is approximately 46%, indicating a scenario similar to that in June 2025 prior to a major rally to $3.65.
Decreased deposits imply that there is less coin movement from addresses onto the exchange to be sold. Increased withdrawals, on the other hand, show that the coin owners are withdrawing funds from the exchange, and this decreases the likelihood of immediate sales.
The liquidity situation has likewise become weak. CryptoQuant data shows that the liquidity index of XRP for 30 days on Binance is at an all-time low since 2021, with trade volume during the same period hovering at around 3.77 billion XRP.
Source: CryptoQuant
XRP Consolidates as Breakout Builds
The price action follows this trend as well. At the time of writing, XRP is trading at $1.38, having not moved very much from this level in weeks. This is indicative of periods of low volatility that tend to precede big moves.
Source: CoinMarketCap
For derivatives, the cumulated volumes data reveal negative values for spot and futures, signaling limited sell activity and no aggressive buying activities. The funding rate has become positive at 0.06%, reflecting a slight inclination toward long positions. Additionally, the open interest value has risen to approximately $769 million, signifying new trades in the market.
Source: TradingView
On a technical note, a close above $1.40 per day would make $1.60-$1.67 the next target on the cards. Moreover, a $1.40 move would be consistent with the 50-day moving average and would provide support for a bullish move.
Based on liquidation data, a range of between $250 million and $300 million worth of long/short positions may face liquidations for a fluctuation in price by 10%. With respect to the total market depth, Bitcoin and Ethereum still have higher liquidity than other assets.
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
Also Read | Tether Launches tether. wallet Expanding Global Self-Custody Financial Access
