NewsBTC
Dec 31, 2025
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XRP Price Drops to $1.80 as Binance Reserves Hit Low

XRP Market Update:

  • XRP is experiencing ongoing selling pressure, struggling to regain bullish momentum.
  • Recent attempts at price recovery have not attracted significant demand.
  • Analysts warn of potential further downside if current bearish conditions persist.

Exchange Reserves Insight:

  • XRP reserves on Binance have dropped to 2.64 billion, the lowest since 2024.
  • This decrease suggests a shift from exchange holdings to self-custody by investors.
  • The decline in exchange reserves indicates easing sell-side pressure despite weak demand.

Technical Analysis:

  • XRP's price fell to around $1.80 after failing to sustain levels above $3.
  • Current trading is below 50-day and 100-day moving averages, creating resistance.
  • The 200-day moving average near $1.75–$1.80 serves as critical support.
  • Volume decline suggests reduced market participation rather than accumulation.

Market Structure:

  • A decisive breakdown below the 200-day MA could lead to a deeper correction toward $1.60.
  • Bulls need to reclaim the $2.10–$2.20 range for a potential trend reversal.