On the brink of a price explosion... Binance reserves hit the lowest level in years and the bulls refuse to sell
Bullish signals around XRP are noticeably increasing, especially after one of the strongest on-chain signals in a long time appeared.
📉 XRP reserves on Binance collapse to only 2.7 billion
Analyst Darkfost from CryptoQuant observes Binance reserves of XRP dropping to around 2.7 billion tokens—which is the lowest level the platform has seen in years.
Since October 6, more than 300 million XRP have exited Binance wallets, most going into long-term storage… which usually only appears when conviction among investors increases.
> “If this trend continues, XRP may enter a more mature phase with increasing institutional interest.” — CryptoQuant
This consolidation drives market analysts to predict a bullish scenario that could push XRP towards a breakout above $3… and perhaps further.
🔥 XRP outperforms the market with a weekly rise of 17.5%.
Activity within the XRP ecosystem has been unusual over the past weeks:
📌 Key Drivers:
Launch of the first XRP Spot ETF in the United States via Canary Capital
The entry of giant institutions like Franklin Templeton, Grayscale, Bitwise.
The 21Shares XRP ETF enters trading today.
The adoption of the RLUSD stablecoin by Ripple within ADGM as an officially recognized reference asset.
The potential for using RLUSD as collateral at licensed institutions.
These developments have pushed XRP to top the list of gainers among the top 100 digital assets, even surpassing Bitcoin.
Analyst Ray Youssef confirms that ETF flows were the spark that revived the market after weeks of weak liquidity.
📈 Technical forecast: The target of the model points to $4.
Chart analysts note that XRP:
Breaking a descending wedge that lasted for years.
Stabilized above the $2 barrier, which has now turned into strong support.
Achieving upward peaks on larger timeframes.
Testing the range of $3.5 – $4.0 repeatedly indicates buyer dominance.
The Stochastic indicator has reset the price momentum without breaking the structure, which usually precedes a new upward surge.
🎯 The closest scenario:
Re-testing the range of $3.8 – $4.0.
A clear breakout of this range opens the way for unprecedented new peaks.
🟢 Smart money is still moving… even in the volatile market.
Despite the prevailing fear in the market, investors continue to pump money into early-stage projects with strong narratives.
PEPENODE raises 2.2 million dollars.
The Mine-to-Earn project built on Ethereum offers a mining experience within a browser game and has achieved:
2.2 million dollars during presale.
Selling price at $0.0011685.
Possibility to buy via ETH, BNB, SOL, USDT.
Attractive Staking yield reaching 583% APY.
📌 All indicators—series, institutional, technical—align in the same direction:
XRP enters a new phase of the bullish cycle, sentiment is recovering, and institutional liquidity is pushing upwards.
As Binance's reserves continue to decline and ETF funds expand, the scenario of breaking $4 becomes closer than many think.
#Ripple
$XRP
