Binance XRP reserves have dropped to their lowest level since February, and traders are watching the XRP price charts now.
Binance’s XRP reserves have slid to their lowest point since February, according to CryptoQuant analyst ArabxChain.
The exchange held close to 2.61 billion XRP at the start of July before holdings leveled off near that figure. No major inflows have arrived to rebuild the balance.
XRP itself dropped to roughly $1.06 over the same stretch, showing that shrinking reserves did not translate into an immediate price jump. Liquidity, trading volume and investor sentiment still carry more weight than reserve counts alone.
Binance Reserves Slide to Multi-Month Low
Binance’s XRP holdings have steadily thinned out since the spring, and July marked a fresh low point. ArabxChain noted that the drop reflects a smaller pool of coins sitting on the exchange compared to prior months.
Binance’s XRP Reserves Stabilize at Their Lowest Level Since February
“If this trend continues alongside improving demand, it could help ease selling pressure over the medium term.” – By @ArabxChain pic.twitter.com/THfjKcbIFD
— CryptoQuant.com (@cryptoquant_com) July 15, 2026
Fewer coins on an exchange often points to less immediate selling pressure. Still, the analyst cautioned that a shrinking supply does not guarantee higher prices on its own.
Broader demand trends need to strengthen alongside the reserve decline for the effect to show up in price. Analysts plan to track Binance’s balance sheet in the coming weeks to gauge investor behavior.
Read also: One Exchange Now Controls XRP Flow While the Bear Market Rages
XRP Price Chart Shows Mixed Momentum
XRP has climbed back after a rough June, trading near $1.1250 with a daily gain around 1.2%. Chart watcher ChartNerd pointed out that price has risen 15% since the July 1 low.
The pair has also posted a positive July return in seven of the past twelve years.
$XRP has historically shown a strong seasonal trend in July, posting positive returns in 7 out of the past 12 years, with an average return of approximately 10.4%. Price has risen 15% this month since the July 1st low ($1.00-$1.18). Just over two weeks until July’s monthly close. https://t.co/vPDFut7SO7 pic.twitter.com/xJ5y0dob18
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) July 15, 2026
Price now sits above the Tenkan-sen and Kijun-sen lines on the Ichimoku indicator, near $1.1025 and $1.0968. That placement points to improving short-term momentum.
XRP remains below the cloud itself, with the top boundary near $1.1877, so the longer-term trend has not flipped bullish yet. The RSI reading stands at 51.76, just above the neutral 50 mark, and has crossed above its own moving average of 47.49.
Daily trading volume sits around 38.4 million XRP, a moderate pace that suggests buyers are stepping in gradually rather than rushing the market.
Key XRP Price Levels Worth Watching
Resistance sits first at $1.13 to $1.15, an area where recent rallies have already stalled out. The next major hurdle is the upper Ichimoku cloud boundary near $1.187 to $1.19.
A close above that zone could open the door toward $1.25, a level many traders view as the next psychological target.
On the downside, support holds near $1.10, where the Tenkan-sen and Senkou Span A currently sit. The $1.00 mark remains the major psychological floor, with $0.95 as a deeper structural support if selling picks back up.
A drop below $1.10 would raise the odds of another test near the dollar mark. Until XRP clears the cloud on a daily close, the broader outlook stays split between a fragile recovery and a longer downtrend still in play.
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