XRP (XRP) stayed under pressure as traders watched resistance near the upper end of its recent range. Summary XRP traded near $1.40 as a supply wall between $1.57 and $1.59 capped recovery attempts. Binance whale outflows fell to the lowest level since February, pointing to slower large-holder activity. Analysts tracked breakout retest signals, while exchange reserve trends continued showing unusual XRP behavior patterns. The token traded at about $1.40, while market data showed a supply wall between $1.57 and $1.59. That zone has limited the pace of recovery after the losses seen in February. XRP traded near $1.42 at the time of reporting, with a 24-hour trading volume of about $2.46 billion. The token posted a small daily gain of 0.42%, but it remained down 5.95% over the last seven days. Its market cap stood at about $87.09 billion, based on a circulating supply of 61 billion XRP. Price action has stayed weak as XRP struggles to move back above nearby resistance. Market data points to heavy supply between $1.57 and $1.59, and that area has capped recent upside attempts. As long as XRP stays below that band, traders may keep watching for more range-bound movement. Analyst points to breakout retest setup Crypto analyst Javon Marks said XRP is showing strength on lower time frames after “what looks to be a macro breakout retest.” He added that this retest could support a continuation move if buyers keep defending the current zone. Marks also repeated his long-term target of $15 or higher for XRP. That call remains far above the current market price, but his view has added to the debate around whether XRP is forming a base after the recent pullback. For now, the chart still shows a market trying to stabilize below a major supply zone. Exchange reserve data shows unusual pattern CryptoQuant analyst APTRekt said XRP has shown a different pattern from many other crypto assets. In many markets, price gains often come with falling exchange reserves as investors move coins off exchanges. In XRP’s case, reserve balances on Binance have often risen alongside price increases. The analyst also said exchange inflows and outflows tend to rise before strong price moves, with inflows usually higher than outflows. That pattern suggests that selling activity remains active even before rallies begin. It also shows that XRP’s price behavior may not follow the usual spot accumulation model seen in other assets. In addition, another CryptoQuant analyst, Arab Chain, said Binance whale outflows for XRP over 30 days dropped to about 1.285 billion XRP, the lowest level since early February. The reading points to slower withdrawal activity from large holders. Lower whale outflows may mean more XRP is staying on exchanges instead of moving into long-term storage. That could reflect a cautious stance among large investors as they wait for a clearer market direction. If this trend continues, traders may keep watching exchange activity closely for signs of renewed demand or added selling pressure.
