XRP has remained in a range below $1.40 for more than three weeks. As deposits and withdrawals on Binance show signs of easing selling pressure, an upside break has been discussed.

Cointelegraph reported on Monday that recent XRP trading flows on Binance have shifted to resemble a pattern seen ahead of a strong rise in June 2025.

The key change is less inflow to exchanges and more withdrawals. Cryptocurrency analyst Amr Taha noted that, in XRP’s seven-day average flow, the share of withdrawals rose to 53 percent while the share of deposits fell to 46 percent. The figures have returned to June 2025 levels. After the same flow appeared then, XRP rose 65 percent to an all-time high of $3.65 in July 2025.

A decline in exchange deposits means fewer tokens are immediately available to be sold in the market. By contrast, higher withdrawals show assets moving off exchanges. If this flow continues over several trading days, it can reduce short-term selling pressure. XRP is currently no longer in a state where inflows dominate on Binance. This is read as a sign that some market participants are shifting from waiting to sell to holding.

Trading momentum is not strong. CryptoQuant data show XRP’s 30-day liquidity index on Binance fell to 0.053, the lowest level since 2021. Thirty-day trading volume also stood at about 3.77 billion XRP, placing it in a weak range over recent years.

Price action also reflects this mood. XRP is trading in the $1.35 range without major moves. This indicates a quiet period for the order book and market participation.

Spot and futures data also pointed to easing selling intensity. On-chain data put spot cumulative volume delta at minus $153 million, while futures cumulative volume delta was about minus $295 million. Aggressive selling has eased, but buying has also not expanded clearly. As a result, prices remain stalled without choosing a direction.

In the derivatives market, open interest rose to about $769 million. This means new positions are entering the market. Funding rates also turned slightly positive at 0.06 percent, showing a weak preference for long positions. Still, if positions build up while liquidity is not large, volatility could rise quickly when certain price levels are crossed.

Technically, $1.40 was presented as a near-term pivot. If the daily close is above $1.40, the $1.60 to $1.67 range could open as the next target. That zone also overlaps with the 50-day moving average. If an upside break is confirmed, resistance could turn into support.

Liquidation data also show the market has entered a sensitive zone. If prices move 10 percent in either direction, about $250 million to $300 million worth of long and short positions were tallied as being exposed to liquidation risk. Relative to bitcoin and ether, liquidity is smaller, and it was also confirmed that there are not many participants around $1.40.