TLDR
- XRP has consolidated below $1.40 for 20 days, trading near $1.38
- Binance withdrawals rose to 53% while deposits dropped to 46%, matching June 2025 levels before XRP’s run to $3.65
- XRP’s 30-day liquidity index on Binance hit its lowest level since 2021
- Japan’s Rakuten is integrating XRP payments for 44 million users across 5 million merchants
- A daily close above $1.40–$1.42 is the key level traders are watching for a breakout
XRP has spent the last 20 days trading in a tight range below $1.40. On-chain data and a major adoption announcement from Japan are now drawing attention to the token.
Crypto analyst Amr Taha flagged a shift in Binance transaction flow. The seven-day average shows XRP withdrawals rising to 53% while deposits fell to 46%. This is the same setup seen in June 2025, right before XRP rallied 65% to an all-time high of $3.65.
When deposits fall, fewer coins are moving onto exchanges. When withdrawals rise, coins are leaving. Together, this points to reduced sell-side pressure.
XRP’s 30-day liquidity index on Binance has also dropped to 0.053, the lowest reading since 2021. The 30-day trading volume stands at roughly 3.77 billion XRP, one of the quieter periods in recent years.
Price reflects this slowdown. XRP is trading near $1.38, with limited movement over the past three weeks.
Futures Data and Key Levels
In futures markets, the aggregated spot cumulative volume delta (CVD) sits at -$153 million, with futures CVD near -$295 million. These numbers point to reduced aggressive selling rather than strong buying.
Funding rates have turned slightly positive at 0.06%, showing a mild long bias. Open interest has climbed to nearly $769 million, suggesting new positions are being built.
From a technical standpoint, a daily close above $1.40 opens a path toward $1.60–$1.67. That $1.40 level also lines up with the 50-day moving average.
Roughly $250–$300 million in cumulative long and short positions are at risk within a 10% move in either direction.
Rakuten Integrates XRP for 44 Million Users
Japan’s e-commerce company Rakuten announced it is integrating XRP into its payments app. The integration covers more than 5 million merchants and allows users to spend, earn, and hold XRP through Rakuten Wallet.
🚨 XRP GAINS ACCESS TO JAPAN’S 44M USERS
Japanese crypto giant Rakuten Wallet launches $XRP as a listed asset and payment, letting users buy XRP with loyalty points and spend it across Japan.
The integration connects XRP to Japan's everyday commerce platform, spanning 44M… pic.twitter.com/NW1RZJ5bOh
— Coin Bureau (@coinbureau) April 14, 2026
Users can also buy XRP using Rakuten loyalty points. Over $23 billion worth of loyalty points are currently in circulation across the platform.
XRP moved from $1.32 to $1.38 on the back of this news, breaking out of prior resistance on strong volume. The move was gradual and sustained, which analysts read as accumulation rather than a short-lived spike.
XRP is still trading within a broader downtrend channel. ETF outflows and continued realized losses show longer-term conviction remains mixed.
Traders are watching $1.37 as the key support level. A drop below $1.32–$1.30 would invalidate the current breakout. A clean move above $1.40–$1.42 is needed to confirm stronger upside momentum.
