Data from major market trackers show Binance-held XRP reserves have fallen to roughly 2.7 billion tokens, with about 300 million removed since October, a dynamic that underpins the latest XRP price prediction and raises the prospect of a squeeze-driven rally.
Binance outflows have accelerated recently, with withdrawals directed into self-custodied wallets rather than the spot market. Market participants interpret that as a refusal to sell by long-term holders and larger accounts, effectively shrinking available liquid supply. This removal of exchange liquidity is a classic precursor to sharper price moves when demand re-emerges.
Institutional access is also changing the demand profile. Reports note the launch of US spot XRP ETFs beginning on 2025-11-13, with multiple managers entering the market, which could broaden institutional participation and alter flow dynamics. Such structural shifts—reduced exchange inventories combined with regulated product distribution—are presented as a dual catalyst for sustained bid pressure.
Technical setup and targets for XRP
XRP sits above a re-tested $2.00 area that now functions as short-term support, while immediate resistance is clustered between $2.30 and $2.70. Analysts cited in market commentary place the asset “about 2% away” from a pivotal breakout threshold; a clean, sustained break of the $2.30–$2.70 zone is modeled to trigger an initial ~13% advance that would push XRP above $3 and possibly toward $3.60 in the near term.
Key indicators referenced include the Relative Strength Index (RSI) moving above the 50 midline—RSI is a momentum oscillator that signals the balance of recent gains versus losses in one value—and a potential bullish MACD crossover, which would be consistent with accelerating upside momentum.
Chart patterns noted include a multi‑year descending wedge that the market has cleared on higher timeframes; a descending wedge is a contracting price structure that can resolve with a trend reversal if volume and momentum confirm the move.
Thinner order books increase the chance of rapid retracements on failed breakouts. Traders should watch for confirmation—daily close above the upper resistance band and supporting volume—before committing large directional positions.
A sustained breakout above the $2.30–$2.70 resistance band would be the next verifiable milestone to validate the bullish XRP price prediction and open a run toward $3 and higher targets.
