XRP is holding above $1.30 after briefly losing the level on the prior session, with a quick rebound occurring in notably thin market conditions. New exchange-flow data points to multi-year lows in deposits and withdrawals on Binance, suggesting reduced participation even as price stabilizes near $1.31.
Binance Flows Fall to Multi-Year Lows
According to a report from Arab Chain tracking XRP activity on Binance, exchange deposits and withdrawals have dropped to their lowest levels since 2025. Over the past 30 days, Binance recorded approximately 310,500 XRP deposit transactions and 329,400 withdrawal transactions — a net negative of about 18,900 transactions.
At peak periods in 2025, combined deposits and withdrawals reportedly exceeded 6 million over a 30-day window. The current total of roughly 640,000 across both directions represents about a 90% decline from those highs. The report indicates this slide began in mid-2025 and has since settled into a lower baseline, reflecting a market with far fewer short-term participants.
While overall activity has collapsed, withdrawals have consistently outpaced deposits. In low-volume environments, that directional bias can carry more weight: coins moving off a major exchange during subdued trading are less likely to be immediately sold and may reflect accumulation behavior. The report characterizes this as a potential signal rather than confirmation.
Thin Liquidity Magnifies Moves
The rebound back above $1.30 occurred against a backdrop of diminished participation, which reduces the market’s capacity to absorb orders on both sides. Thin liquidity can heighten volatility, making support and resistance levels less durable than they appear on price charts. In short, the recent bounce took place in a market with fewer active counterparties.
Technical Picture: Range-Bound and Capped by Moving Averages
On higher timeframes, XRP’s structure remains weak. On the three-day chart, price is trading near $1.31 after failing to reclaim a cluster of downward-sloping moving averages. The 50-, 100-, and 200-period averages are stacked bearishly, indicating negative and persistent momentum.
February’s breakdown below the $2.00 region came with rising volume, establishing a lower range. Since then, XRP has consolidated between roughly $1.20 and $1.50, with multiple failed attempts to sustain upside. The latest bounce stalled below the 50-period moving average, reinforcing it as dynamic resistance. Notably, volume has declined during this consolidation, which typically points to reduced participation rather than broad-based accumulation.
Key Levels to Watch
- Support: $1.20 — a sustained break below could accelerate downside due to limited nearby structural support.
- Resistance: $1.50 — reclaiming this level is an initial step but may be insufficient without further confirmation.
- Trend Gauge: The 100-period moving average on the three-day chart remains a pivotal hurdle for shifting medium-term bias.
As of publication, XRP trades near $1.31. With exchange activity at multi-year lows and technicals still constrained, follow-through in either direction may be amplified by thin liquidity conditions.