XRP Price Analysis: $1.35 Faces a Binance Inflow Spike
XRP is trying to stabilise near $1.35 after a three-week pullback, while a large Binance deposit raises the question of whether buyers can absorb potential exchange supply.
Key Takeaways
- $1.35 drew an initial buyer response.
- Binance received 91.2M XRP in one day.
- $1.30 is the clearer structural floor.
- $1.40 and $1.45 cap recovery attempts.
- Exchange inflows are not confirmed sales.
XRP remains inside a falling daily range
XRP trades near $1.36 at the time of writing, according to TradingView’s XRP/USD daily chart, after falling from a late-August high near $1.70. XRP has recovered modestly from its latest low, but remains below a descending trendline and the first Fibonacci retracement near $1.40.
That puts $1.35 in the role of an immediate reaction area. Analyst Ali Charts, citing Glassnode data, identified a sizeable XRP cost-basis cluster around the same level. Such clusters can attract buyer interest, but they become meaningful support only if price holds through later tests.
XRP AT KEY SUPPORT. TIME TO WATCH.
1/5 🧵👇
— Ali Charts (@alicharts) September 12, 2026
The RSI near 54 remains above its neutral midpoint, although it sits below its moving average near 59. Momentum has cooled from the earlier rally, but the indicator does not yet show renewed upside momentum.
The moving averages show why the current range remains the immediate issue. XRP is still above its 200-day average near $1.27, while the 50-day and 100-day averages sit lower, near $1.22 and $1.17. Those levels could become later references if the pullback deepens, but they are too far below the current price to settle the present battle around $1.30.
Binance received 91.2M XRP near the lower end of the range
The latest CryptoQuant Binance exchange-inflow chart shows about 91.2 million XRP arriving at the venue on September 11, the largest reading in the displayed month. Most earlier daily bars were far smaller, making the deposit notable while XRP trades close to a key range floor.
An exchange inflow is XRP transferred into an exchange wallet. Traders often treat large inflows as a potential supply warning because tokens already held on an exchange can be sold more easily than tokens kept in private wallets. Still, the transfer alone does not reveal the owner’s intention: it could be linked to a sale, market-making activity or an internal wallet movement rather than an immediate spot transaction.
The next inflows and price response matter more
The 91.2 million XRP deposit is therefore a risk factor, not proof of sustained selling pressure. Its importance would increase if similar transfers continue while XRP closes below $1.30, particularly if exchange-held balances also rise. If deposits fade and price holds the range, the market may have absorbed the available liquidity without a broader supply imbalance.
The chart has three decision levels
$1.35 has prompted a response; $1.30 is the range level that needs to hold for that response to matter. A close below it would not settle XRP’s longer-term trend, but it would make the current recovery attempt less convincing.
A recovery toward $1.60 still has two hurdles
Ali Charts suggested that a defended $1.35 area and a reclaim of $1.38 could open a recovery toward $1.60 and potentially $1.68. That remains a conditional scenario, not a conclusion from the current chart.
XRP would first need to regain $1.40 and then $1.45 on daily closes. A reclaim of $1.45 would shift attention from defending support to testing $1.50-$1.55, followed by the Fibonacci level near $1.61.
Price absorption will show whether the deposit matters
XRP is testing a sensitive part of its range at the same time as a substantial amount of the token has reached Binance. If price remains resilient while subsequent inflows fade, the market may have absorbed the potential supply. If support fails alongside continued deposits, the onchain warning will carry more weight. The current data does not yet settle which outcome is developing.
This article is provided for informational purposes only and does not constitute financial or investment advice.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
