XRP Targets 2026 Highs After Binance Flows Flash Bull Market Signal
XRP shows signs of a potential rally as Binance data indicates reduced sell-side pressure and liquidity contraction.Summary
XRP has been consolidating below $1.40 for 20 days, but recent data from Binance suggests a potential bullish breakout. A shift in transaction flows, with withdrawals rising and deposits falling to levels last seen in June 2025, mirrors a period that preceded a significant rally. This indicates reduced sell-side pressure as fewer coins are moving onto exchanges. Concurrently, XRP's liquidity index on Binance has dropped to its lowest point since 2021, coinciding with a slowdown in trading volume and price action. While futures markets show a reduction in aggressive selling and a mild long bias, a daily close above $1.40 could propel XRP towards $1.60-$1.67, with this level also acting as a potential support aligned with the 50-day moving average.
(Source：Cointelegraph)