XRP Panic or Opportunity? Rare Binance Signal Hints at Bottom Before Big Move
XRP

XRP Panic or Opportunity? Rare Binance Signal Hints at Bottom Before Big Move

By Samuel

XRP repeats a Binance flow pattern seen near two past bottoms as traders watch $0.70-$0.90 support and $3.32 resistance.

XRP has returned to market focus after repeating a Binance deposit and withdrawal setup. The same type of pattern appeared near two earlier cycle bottoms.

The latest data showed a sharp rise in XRP deposits moving onto Binance. That activity is often tracked because exchange deposits can point to selling pressure.

However, the deposit spike later faded, while Binance withdrawal activity increased. Withdrawals reached 53.1% as XRP bounced from a recent low toward $1.226.

The move comes as XRP nears the $0.70 to $0.90 support zone. Traders are now watching whether this area holds after a 70% pullback.

Binance Flow Pattern Returns for XRP

The latest Binance data showed XRP deposit transactions rising toward a cycle high. Deposits usually show coins moving onto an exchange, and they may reflect sell-side pressure.

That move was followed by a rise in withdrawal transactions. Withdrawals show coins leaving an exchange, and they can reduce near-term spot supply.

BankXRP said XRP “just printed the same Binance deposit/withdrawal signature” seen near earlier cycle bottoms. The post linked the pattern to June 2025 and April 2026.

Both earlier cases appeared close to local lows, based on the shared data. However, the same post noted that the sample size remains small.

XRP Nears $0.70 to $0.90 Support Zone

XRP is also being tracked near what some analysts call its largest buying zone in eight years. The main focus is the $0.70 to $0.90 range.

This support area has gained attention after XRP fell about 70% from its July 2025 peak. Traders are watching whether the move becomes a retest or breakdown.

The support structure has been followed since 2017, according to the current market view. Earlier reference points include the March 2020 decline near $0.10.

Another major reference came in July 2024, when XRP formed a low near $0.38. XRP later climbed toward $3.66 during the next market advance.

Read Also:

Whales Add 1.53B XRP as Price Rebounds Sharply: $1.30 Next?

Traders Watch $3.32 and Market Direction

The next XRP move may depend on whether buyers defend the $0.70 to $0.90 zone. A hold may keep attention on higher resistance levels.

One price level being watched is $3.32. That level remains above the current market price, and it may matter if demand improves.

The Binance flow signal does not confirm direction by itself. Exchange deposits and withdrawals can shift quickly during high-volume trading periods.

For now, XRP traders are watching Binance flows, the $1.226 bounce, and long-term support. These factors may shape the next major price test.

Samuel

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Samuel

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