Binance: XRP Reserves Stabilize at February Low

Binance's XRP reserves have stabilized at their lowest level since February as exchange selling pressure dries up amid thin order books that clear fast on any demand pickup.

The setup looks tight for XRP price prediction with price at $1.11 testing a bullish structure on the 4h chart where EMA50 at $1.1 acts as concrete support and EMA200 at $1.13 as resistance, MACD showing golden cross while RSI holds neutral at 56.96 inside Bollinger bands with upper target at $1.13, highlighting the impact of declining crypto exchange reserves on price pressure.