XRP Price: Binance Reserves Hit 6-Month Low as Bullish Pattern Emerges

TLDR

• XRP is trading around $1.11, up ~4% in the past 24 hours and 5% over the past week
• Binance’s XRP reserve dropped to ~2.61 billion tokens, its lowest level since February 2026
• Open interest in XRP futures remains 33% below its all-time high of $2.4 billion from July 2025
• An inverse head and shoulders pattern on the daily chart points to a potential 20% gain if the neckline breaks
• Key resistance sits at $1.12–$1.15; a break above could push price toward $1.30–$1.45

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XRP is trading near $1.11 after gaining about 4% in the past 24 hours. The move follows a broader crypto market recovery after a softer-than-expected U.S. inflation report for June.

The inflation data shifted rate expectations. Markets are now pricing in a lower chance of a 50-basis-point rate hike, and some analysts think the Fed could delay its next move entirely to see if inflation keeps cooling toward its 2% target.

Altcoins like Ethereum and Hyperliquid led the initial recovery. XRP and Solana are seen as possible catch-up trades if sentiment continues to improve.

Analyst Ali Charts flagged a key technical signal on social media, noting that XRP just flashed a monthly TD Sequential buy signal — a pattern some traders use to identify potential trend reversals.

$XRP just flashed a monthly TD Sequential buy signal. pic.twitter.com/b4PtDHfafx

— Ali Charts (@alicharts) July 15, 2026

On the exchange side, CryptoQuant contributor Arab Chain reported that Binance’s XRP holdings fell to roughly 2.61 billion tokens — the lowest since February 2026. Coins leaving exchanges can suggest accumulation behavior.

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

Weak Demand Still a Concern

Despite that on-chain positive, the Binance CVD Confirmation Score sits at negative 6.93 million. That means sellers have controlled order flow since XRP was trading above $2.00 earlier this year.

Open interest in XRP futures is still down 33% from its all-time high of $2.4 billion set in July 2025. Lower open interest means fewer active traders, which can limit the size of any price move.

ETF data from Santiment shows net outflows of $6 million from XRP-linked funds last week. Daily active addresses briefly spiked in early July but have since pulled back.

Net inflows to exchanges have also started to decelerate. That could mean large holders are waiting for higher prices to sell, which is a risk for any near-term rally.

Technical Setup

A bullish inverse head and shoulders pattern has formed on XRP’s daily chart. The pattern projects a roughly 20% gain if the price breaks above the neckline, which could take XRP toward $1.45.

The RSI has crossed above its signal line, suggesting momentum is shifting toward buyers. Immediate resistance sits between $1.12 and $1.15, where previous rallies have stalled.

If buyers hold current support and break $1.15 with volume, the next targets are $1.30 to $1.40. A daily close below $1.06 would weaken the setup and open the door to $0.95–$1.00.

XRP still trades about 70% below its all-time high of $3.65.