xrpaccumulation

🔥 About 300 Million $XRP Leave Binance – What It Means for Price

$XRP is trading at $2.63 (+0.23%), while XRP reserves on Binance have fallen to their lowest levels in 2024. Other major exchanges, including Bybit, Gate, HTX, and OKX, have also seen declines in XRP holdings.

💡 Why This Matters:

Nearly 300M XRP left Binance in October, signaling increased confidence and accumulation by investors.

Exchange outflows usually indicate reduced selling pressure, as holders move XRP to long-term storage.

Historically, November is the strongest month for XRP, averaging gains of ~88%.


📊 On-Chain & Market Insights:

Binance’s XRP balance dropped from 3B → 2.7B tokens since early October, reaching the lowest level since mid-2024.

Large holders increased exposure by $314M XRP, suggesting renewed accumulation.

XRP is in a long-term reaccumulation phase, confined between 2017 and 2021 highs—a setup for a potential strong breakout.


📈 Seasonal & Technical Outlook:

Despite October being historically weak (XRP down 7.13% so far), the declining reserves, whale accumulation, and historical seasonal trends point toward a potential rebound in November.

Analysts suggest the quiet consolidation could precede a significant upward move, setting the stage for the next wave.


✅ Bottom Line: With exchange reserves falling, whales accumulating, and historical November strength approaching, XRP could be positioning for a major seasonal rebound.


#BinanceXRP #XRP #CryptoNews #XRPAccumulation #AltcoinSeason

XRP Shows Positive Momentum as Investors Shift Toward
Accumulation
$XRP

XRP is starting to show signs of a potential comeback, with investor accumulation increasing as seen through the rise in mean coin age metrics. Despite this positive momentum, the XRP futures market is still in a recovery phase after experiencing a significant 30% drop in open interest just last week.
XRP's current price target stands at $2.55, but if it dips below the $2.26 support level, it could trigger a unwind of long positions valued at over $80 million, which would put downward pressure on the price. However, there's hope for a resurgence as XRP has climbed 2% in early Asian trading on Thursday, fueled by a growing trend of accumulation. This shift in market sentiment comes alongside a potential bottom signal from the Market Value to Realized Value (MVRV) ratio, which hit a low of -17% last week. Historically, such low levels have been followed by a sharp price increase, with XRP previously surging by 60%.
The on-chain data further supports the narrative of accumulating investor interest, with many opting for a buy-the-dip strategy after the market decline on February 3. However, despite positive signs on the spot market, XRP's futures market remains cautious, reflected in the 30% drop in open interest from 2.05 billion XRP to 1.42 billion XRP. The futures market saw significant liquidations, amounting to $5.91 million in the last 24 hours.
At present, XRP is trading in a tight range between the $2.26 support and $2.55 resistance. The market is cautious, especially after the recent volatility. A decisive break above $2.55 could reignite bullish sentiment and draw back optimistic traders, potentially paving the way for further gains if it clears the $2.72 resistance.
#XRPRecovery #XRPAccumulation #CryptoMarket #XRPAnalysis

🚀 $XRP Eyes a Bullish October! 🤑
XRP has found solid support at $2.80 💎, with major accumulation happening on-chain 📊. The coin is forming a descending triangle pattern 🔺, hinting at a potential breakout soon ⚡.

Analysts are buzzing 🐝 that if XRP breaks above the trendline, it could surge to $3.40 – $4.20 💥🔥. Strong investor confidence 💼 and possible institutional moves like spot ETFs 📈 make October look very promising for XRP holders! 💸

💬 Are you ready for the breakout? 👀

#XRPtothemoon 🌙

#CryptoBreakout 🚀

#BullishOctober 📈

#XRPAccumulation 💎

#altcoinseason 🔥