XRP has recovered sharply from its September 20 low near $1.39, rising to $1.55 before facing renewed selling pressure. The token’s price action in recent days reflects strong activity among
XRP has recovered sharply from its September 20 low near $1.39, rising to $1.55 before facing renewed selling pressure. The token’s price action in recent days reflects strong activity among buyers and sellers as the asset trades in a narrow range near its recent highs.
Following the dip to $1.39, XRP bounced back as buyers stepped in to turn the level into a base for a new move. After reclaiming $1.40, the price advanced to $1.55, with sellers actively defending this level against further gains.
A short-lived pullback saw XRP briefly slip to $1.52 before buyers lifted prices back to $1.5439. This sequence has helped sustain a higher low pattern, a technical structure often associated with positive momentum in financial markets.
Analysts at AMBCrypto have indicated that a decisive break above $1.55 could ease immediate selling interest and encourage renewed upward movement. At present, price action suggests that buyers maintain control above $1.52, but face resistance at the $1.55 zone.
XRP continues to form higher lows, indicating buyers are absorbing supply on each dip while the ability to sustain levels above $1.40 emphasizes ongoing demand.
As long as XRP holds above this rising support, the potential for a breakout above $1.55 remains in focus for short-term traders.
As XRP approached the $1.50 range, its reserves on Binance, one of the largest global cryptocurrency exchanges, increased rapidly. On-chain data from CryptoQuant revealed that exchange wallets held around 2.68 billion XRP, up from roughly 2.55 billion during the previous summer downturn.
Rising reserve levels are often interpreted as increased trading activity and liquidity, with more tokens moving onto exchange order books. Binance saw its XRP reserves recover to levels similar to those observed in June, coinciding with renewed volatility in the token’s price.
At the same time, high turnover rates were recorded, with average daily XRP deposits on Binance surging about 663% above the quarterly baseline during periods of heightened trading. However, this wave of deposits was quickly offset by a similar rise in withdrawals, keeping overall reserves just 0.22% above their long-term baseline.
Metric Summer 2026 Late September 2026 Binance XRP reserves 2.55 billion 2.68 billion Average daily XRP deposits Baseline +663% vs. baseline Reserves relative to baseline – +0.22% Net Binance XRP flows Positive/Neutral NegativeThis data suggests most traders are repositioning their XRP holdings instead of accumulating large new positions. Net flows on Binance recently turned negative, indicating increased withdrawals relative to deposits and signaling that traders may be rotating between assets rather than making directional bets on XRP.
XRP’s price was last seen at $1.5439, hovering just below the key $1.55 resistance. Market participants now watch whether buyers can break through this ceiling as Binance reserves and strong two-way trading flows continue to shape the near-term outlook.
Mini dictionary: Binance, a global cryptocurrency trading platform headquartered in Malta, is known for handling one of the largest daily trading volumes among digital asset exchanges.
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