Binance's XRP reserves have fallen to 2.69 billion tokens, the lowest level in four months, as the cryptocurrency's price slid below $1.15 to trade near $1.10. The move extends a persistent downtrend that began after January's peak near $2.50 and marks XRP's lowest value since early 2026.
Reserves Decline Gradually
The exchange's XRP holdings have shrunk from over 2.8 billion tokens since February. This downward trend happened steadily rather than through a single massive movement. The current 2.69 billion reserve figure hasn't been seen since late winter.
Price Breaches Critical Support
XRP broke through its February support zone of $1.15–$1.20 this week. Trading at $1.10 represents the token's weakest position since early 2026. The chart continues showing lower highs and lower lows since January's local peak.
Technical Indicators Turn Bearish
All three major moving averages point downward for XRP. The cryptocurrency trades below its 50-day, 100-day, and 200-day lines simultaneously. This alignment signals sustained downward momentum in the market.
Volume Confirms Selling Pressure
The latest price drop came with heightened trading activity. Increased volume during this decline confirms active selling pressure remains in the market. This isn't just a quiet slide—it's happening with real market participation.
Key Levels in Focus
Traders watch immediate resistance at $1.35, where the 50-day moving average currently sits. A stronger resistance band forms between $1.55 and $1.70. Downside, the next major support level rests near $1.05. The market appears stuck in equilibrium—reserves keep falling but prices aren't reacting sharply.
Traders need a catalyst to break this stalemate.
