Key Takeaways
- Ripple’s XRP has remained below the $1.40 threshold for three consecutive weeks, currently hovering near $1.38
- Exchange data from Binance shows withdrawals climbing to 53% versus deposits at 46%, replicating conditions observed in June 2025 prior to XRP’s surge to $3.65
- Binance’s 30-day liquidity metric for XRP has reached its most depressed level in four years
- Japanese e-commerce leader Rakuten has announced XRP payment functionality for its ecosystem of 44 million customers and 5 million retail partners
- Market participants are monitoring the $1.40–$1.42 zone as the critical resistance threshold for confirming bullish momentum
Ripple’s native token has been locked in a narrow trading corridor beneath $1.40 for nearly three weeks. Recent blockchain metrics and a significant partnership announcement from Japan’s largest e-commerce platform are now capturing market attention.

Cryptocurrency researcher Amr Taha identified a notable change in Binance’s XRP flow dynamics. Seven-day moving averages reveal withdrawals have climbed to 53% of total transaction volume, while deposits have contracted to 46%. This configuration mirrors the exchange activity witnessed in June 2025, immediately preceding XRP’s explosive 65% appreciation that culminated at its all-time peak of $3.65.

Declining deposit volumes indicate reduced token inflows to trading platforms. Simultaneously increasing withdrawals signal coins are being removed from exchange custody. This combination typically suggests diminishing selling pressure from existing holders.
Binance’s 30-day liquidity assessment for XRP has contracted to 0.053, representing the lowest measurement recorded since 2021. Monthly trading volume currently registers approximately 3.77 billion XRP tokens, marking one of the most subdued activity periods in recent history.
Price action confirms this deceleration. XRP maintains a position around $1.38, exhibiting minimal volatility throughout the past 21 days.
Derivatives Market Signals and Technical Resistance
Within derivatives trading venues, the aggregated spot cumulative volume delta (CVD) registers at -$153 million, while futures CVD tracks near -$295 million. These metrics indicate an absence of aggressive liquidation rather than robust accumulation behavior.
Funding rates have shifted into marginally positive territory at 0.06%, reflecting a slight tilt toward long positioning. Open interest has expanded to approximately $769 million, suggesting fresh capital deployment into directional bets.
From a chart perspective, a sustained daily candle close exceeding $1.40 would establish a trajectory toward the $1.60–$1.67 resistance band. The $1.40 marker aligns precisely with XRP’s 50-day exponential moving average.
Approximately $250–$300 million in leveraged long and short exposure faces liquidation risk within a 10% price swing in either direction.
Rakuten Launches XRP Payment Capability Across Japanese Ecosystem
Japanese digital commerce powerhouse Rakuten has unveiled XRP integration within its mobile payment application. The deployment spans more than 5 million merchant locations and enables customers to transact, accumulate, and store XRP through Rakuten Wallet infrastructure.
Platform participants can now acquire XRP using accumulated Rakuten loyalty rewards. The ecosystem currently maintains over $23 billion in active loyalty point circulation.
XRP appreciated from $1.32 to $1.38 following the Rakuten disclosure, penetrating previous resistance on elevated trading volume. The advance demonstrated gradual progression and sustained momentum, which technical analysts interpret as institutional accumulation rather than speculative volatility.
XRP continues operating within an established descending channel pattern. Exchange-traded fund outflows and persistent realized losses suggest longer-duration conviction remains fragmented among institutional participants.
Market observers are focused on $1.37 as the pivotal support threshold. A breakdown beneath the $1.32–$1.30 zone would negate the current breakout structure. A definitive breach above $1.40–$1.42 resistance is required to validate strengthening bullish momentum.





