1 month ago
14
Key Takeaways
- XRP is testing the $1.09-$1.10 support zone again, with $1.05 the next level below.
- More XRP has left Binance than arrived for seven straight days, the strongest withdrawal tilt since June 2024.
- XRP held on Binance has fallen from about 3.25B to 2.69B over the past year.
- A bearish chart on one side, a sustained move of coins off the exchange on the other.
The price picture is the easier one to read, and it leans kind of bearish. On the 4-hour chart, XRP dropped from above $1.28 in late May, capitulated to around $1.05-$1.06 in early June, clawed back to $1.28 by June 16, then reversed hard. At $1.1011, it’s back near those early-June lows, a second test of the same support within three weeks. The breakdown picked up around midday June 23, a sharp multi-candle slide from $1.1250 to a $1.0937 low before a partial bounce to current levels.
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