XRP (XRP) Price: Token Tests $1.55 Resistance After Rebound From $1.39

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TLDR

  • XRP rebounded from a September 20 dip near $1.39 and climbed to $1.55, where sellers stopped the advance.
  • A brief pullback to $1.52 was recovered, pushing XRP back to $1.5439 and keeping its higher low structure intact.
  • Binance XRP reserves rose to about 2.68 billion, up from roughly 2.55 billion during the summer decline.
  • Daily XRP deposits reached about 663% above the quarterly baseline, but withdrawals kept reserves only 0.22% above baseline.
  • Net flows on Binance have recently turned negative, pointing to traders repositioning rather than accumulating.

XRP has climbed back toward $1.55 after a dip to about $1.39 on September 20. The token turned that low into a strong rebound over the following days.

Once XRP reclaimed the $1.40 level, buyers kept pushing higher. The price rose to $1.55, where sellers stepped in and stopped the move.

The pullback that followed was small. XRP cooled near $1.52 before buyers recovered most of the decline.

The token then moved back up to $1.5439. That keeps the recent price structure in place and gives buyers another chance at $1.55.

XRP Price on CoinGeckoXRP Price on CoinGecko

Price Structure Holds Above $1.52

XRP has been forming higher lows since the September 20 dip. This pattern shows buyers stepping in at higher prices each time the token pulls back.

According to AMBCrypto’s analysis, a clean break above $1.55 could remove immediate selling pressure. Holding the higher low structure would likely help upward momentum pick up speed.

For now, $1.55 remains the level that sellers have defended. Buyers have tested it but have not yet closed decisively above it.

Binance Reserves Rise With Trading Activity

As XRP moved toward $1.50, the amount of XRP held on Binance grew quickly. Data from CryptoQuant shows reserves rose to about 2.68 billion XRP.

That is up from roughly 2.55 billion XRP during the summer decline. Rising reserves suggest that more trading activity is bringing extra liquidity onto exchange order books.

The trend started when XRP recovered above $1.00. Since then, the amount of XRP on exchanges has moved closer to levels seen in June.

Binance turnover has also been climbing fast during the rebound. However, the flow data does not show clear evidence of buying pressure.

Average daily XRP deposits reached about 663% above the quarterly baseline during active trading sessions. That points to heavy movement of tokens onto the exchange.

Rising withdrawals quickly balanced out those inflows. As a result, Binance reserves sit only 0.22% above baseline.

This high turnover points to traders repositioning. It does not show clear accumulation or heavy selling.

Net flows on Binance have recently turned negative. This indicates traders are switching positions rather than adding large amounts of XRP to exchanges.

XRP was last trading at $1.5439, just below the $1.55 level. Buyers now need to clear that mark while the market absorbs rising Binance reserves and strong two-way flows.

The post XRP (XRP) Price: Token Tests $1.55 Resistance After Rebound From $1.39 appeared first on Blockonomi.

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