Binance XRP Reserves Hit 4-Month Low as Price Struggles Near $1.10

Exchange outflows accelerate while technical indicators flash weakness

Binance’s XRP reserves have declined to approximately 2.69 billion tokens over the past two days, marking their lowest level in four months, according to data tracked by CryptoQuant. The reserve decline coincides with XRP trading near $1.17, a level that has offered little support as the cryptocurrency struggles to establish directional momentum.

The outflow reflects a gradual trend rather than a single dramatic event. Binance reserves previously ranged above 2.8 billion XRP before the downward trend began. Fewer tokens on the exchange means reduced immediate sell-side inventory, a structural shift that typically favors price stability or recovery. Yet XRP has failed to capitalize on this dynamic, trading near its lowest level of 2026 after breaking below the February support region around $1.15 to $1.20.

XRP’s technical picture remains bearish. The cryptocurrency has traded in a range near $1.10, grinding lower since a January local high near $2.50. According to TradingView analysis, XRP is trading below its 50-day, 100-day, and 200-day moving averages, all three sloping downward. The immediate resistance level sits at the 50-day moving average near $1.35, with a broader resistance zone extending to $1.55 to $1.70. Support below current levels lies near $1.05.

The latest decline in price has been accompanied by noticeable increases in trading volume, suggesting sellers remain active rather than exhausted. Market structure shows that rallies continue to be sold rather than accumulated, indicating weak conviction among buyers. For bulls, the immediate objective is reclaiming and holding above $1.15, a level that previously acted as a major demand zone before support eventually failed.

Arab Chain analysis notes that XRP is one of the weakest large-cap cryptocurrencies, with the daily chart showing a persistent downtrend marked by lower highs and lower lows since January. The market remains in a wait-and-see mode. While the reserve structure is becoming more favorable for price support, a clear catalyst for directional movement has not yet emerged. The combination of shrinking exchange inventory and technical weakness has left XRP in a state of equilibrium rather than building momentum.

What’s Next

Traders are watching whether the reserve decline translates into sustained buying pressure or whether price continues to test lower support levels. The $1.15 level remains critical for bulls seeking to establish a recovery pattern. A break below $1.05 would extend losses and test deeper support zones.