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XRP withdrawals on Binance hit 53%, matching April levels as price tests $1.30–$1.35 support zone.

Technical Signals
21 May 2026
Blockonomi
View Source
Neutral
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XRP withdrawals on Binance have reached 53% of total transactions, the highest since April 10, 2026, signaling more XRP leaving the exchange than entering. This mirrors a similar pattern from April when XRP traded near $1.34, with the current price close at $1.37. The shift suggests reduced supply pressure on Binance and possible increased self-custody or external use. XRP recently dropped 2% after failing to break $1.44 resistance and is now testing key support between $1.30 and $1.35, a crucial zone for future price direction. Meanwhile, Ripple's RLUSD integration with EDX Markets strengthens its institutional appeal despite short-term volatility. Technical indicators like RSI and a bullish wedge pattern hint at potential rebounds if support holds, but a break below $1.35 could lead to further declines.

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