The reserves of XRP held on Binance drew the market's attention again after reaching approximately 2.61 billion tokens, the lowest volume recorded since February 2026. The data show that this level has remained virtually unchanged since the beginning of July, indicating that there has been no significant replenishment of the assets sent to the exchange.
The reduction in reserves is usually interpreted as a positive indicator for the cryptocurrency market. In many cases, the movement occurs when investors withdraw their tokens from exchanges and transfer them to private wallets, reducing the amount of coins immediately available for trading and selling.
Despite this behavior, the price of XRP was slow to react. During the period in which reserves continued to fall, the cryptocurrency was traded near US$ 1,06, showing that other factors, such as liquidity, trading volume, and market participants' sentiment, had a greater influence on the price than the simple reduction in supply on Binance.
In the last 24 hours, however, Ripple's token managed to recover part of its losses. The cryptocurrency posted a gain of more than 3%, trading again above the US$ 1,12 region and reinforcing the importance of the technical support that had been observed by traders.
In addition to Binance's reserves, analysts also monitor the CVD Confirmation Index, an indicator that combines price variation with Cumulative Volume Delta (CVD) to identify whether buy or sell orders predominate in the spot market.
According to the analysis released by Arab Chain, the indicator remains at -6,93 milhões, signaling that selling pressure still exceeds buying demand. This behavior follows XRP's trajectory since the beginning of the year, when the asset fell from the region above US$ 2,00 to approximately US$ 1,07.
Analysts also highlight that the Price-CVD Confirmation Index over 30 days is close to 0,84. Although this number is considered relatively healthy, it still does not point to a consistent recovery in buying interest. In the assessment presented, a more solid reversal would depend on a sustained migration of the CVD into positive territory, accompanied by a higher confirmation index.
Trader highlights decisive technical range for XRP's next move
In addition to the reduction in reserves on Binance, the chart analysis is also continuing to draw attention. Trader EGRAG CRYPTO stated that XRP is trading between two important moving averages on the three-week chart: the 33-period EMA and the 111-period SMA. According to him, this region has already served as an accumulation zone before strong upward moves. The analyst also notes that the corrections have been decreasing over the cycles, going from 46% to 32%, while the current retracement may be limited to around 21% or may not even happen.
In the trader's assessment, XRP needs to hold support at the 111 SMA, reclaim the 33 EMA and break through the range between US$ 1,60 e US$ 2,00 to confirm a new uptrend. If that happens, he projects long-term targets at US$ 17, US$ 27, US$ 35 and US$ 42, based on his technical analysis model.
In his post, EGRAG CRYPTO summarized his view by stating: "The answer to life may be 42. The answer for XRP is what happens between the 33 EMA and the 111 SMA." The analyst also added that "Structure is more important than noise and emotion." These projections represent his interpretation of the charts and depend on confirmation of the key technical levels in the coming weeks.
