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11 hour ago
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XRP Exchange Balances Hit Multi-Year Lows Amid Rising ETF Demand

XRP is entering a critical phase, with notable changes in exchange balances and price dynamics.

  • On-chain data shows XRP balances on centralized exchanges have fallen to around 1.5 billion, the lowest in over a year.
  • This decline indicates a trend of investors moving XRP into longer-term custody despite bearish market conditions.
  • US-based Spot XRP ETFs have significantly absorbed XRP, with approximately 750 million taken off exchanges since November.
  • The reduction in exchange-held XRP lowers sell pressure and could lead to increased sensitivity to demand.

XRP Exchange Balances

  • Technical analysis shows XRP resting on a crucial support zone between $1.90 and $2.00.
  • The weekly Stochastic RSI is in oversold territory, suggesting selling pressure has diminished.
  • Analysts predict potential bullish momentum for XRP as downside momentum weakens.

XRP Support Zone

Overall, while short-term price action remains cautious, these structural changes could influence XRP's dynamics heading into 2026.