Is the XRP price ready to surge? Here are the contributing factors!

Jakarta, Pintu News – The XRP price has stabilized after several weeks of volatility, and is now approaching a critical area that could determine the next direction. Amidst intense competition between buyers and sellers, changing liquidity on various exchanges adds to the dynamics. With conditions constantly changing, the XRP price is in the spotlight as both sides prepare for a decisive reaction.

XRP Price Technical Analysis

XRP price continues to trade within the descending channel that has formed its structure for several months. Currently, XRP price is at $2.22 and is testing the upper limit of the channel. This zone is critical as multiple breakout attempts by buyers have always been rejected by sellers. If the price manages to cross this boundary, it could open up opportunities towards higher levels.

The closest hurdle was at $2.25, where sellers were quick to react. Above that, the $2.60 area becomes the next key barrier. Any push into this zone is always met with a sharp response, and the market structure gets tighter with each test. If it manages to cross $3.13, it will change the overall market structure and pave the way towards $3.60.

Reserve Drop on Binance Exchange

XRP reserves on Binance continue to decline, with a consistent drop. Currently, the platform holds around 2.7 billion XRP, down from nearly 3 billion previously recorded. Since the beginning of October, nearly 300 million XRP has been withdrawn from the exchange, reflecting the confidence of holders who are opting for tighter control of their assets.

These withdrawals also reduced the amount of short-term short supply, which created more conducive conditions around key levels on the chart. Meanwhile, institutional access through ETF channels adds another dimension. As structured investment channels develop, more holders are choosing to withdraw XRP from exchanges, further tightening liquidity.

Also read: Bitcoin price drops dramatically to around $80,000, massive selling by Bitcoin whales triggered?

Potential Impact on XRP Price

XRP price is at a tipping point where supply trends and chart structure collaborate. The canal ceiling remains a major hurdle, and each test adds to the tension around it. Meanwhile, the decline in reserves continues to improve liquidity conditions and strengthen the environment for larger moves.

If buyers continue to exert pressure on these levels, the market configuration is likely to be in the direction of advancement, and XRP could form a path towards higher targets as long as demand remains strong. Market conditions with shrinking reserves often form healthier technical structures, especially when chart levels are already showing increased interaction.

Conclusion

With a variety of favorable factors, the price of XRP has the potential to rally if certain conditions are met. Declining reserves on exchanges and strong buying pressure could be catalysts for significant price movement. Investors and market watchers should continue to monitor these dynamics to make informed decisions.

FAQ

What is XRP?

XRP is a digital currency used in the Ripple network to facilitate money transfers globally.

Why are XRP reserves on Binance declining?

XRP reserves on Binance decreased as holders chose to withdraw and control their assets more strictly, reflecting confidence in the safety or potential price increase of XRP.

What is the impact of the decrease in XRP reserves on exchanges?

A decrease in XRP reserves on exchanges reduces the supply of sellers and may reduce sudden sales, which favors price stability or increase.

What role do ETFs play in XRP’s price dynamics?

ETFs provide institutional access to XRP, which allows more large investors to participate and often pulls XRP from exchanges, tightening liquidity.

What does the ‘canal ceiling’ mean in the context of XRP pricing?

The ‘canal ceiling’ refers to the upper limit of the descending price channel that XRP has been following. If XRP price can break this limit, it could open up opportunities for further upside.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

Coingape. Is XRP Price Gearing Up for a Rally as Reserves Collapse?. Accessed on November 28, 2025
Featured Image: Generated by AI

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