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XRP risks $1 breakdown as Binance selling persists

2026/07/14 17:06Browse 0

XRP traded near $1.07 on July 14, down about 1% in 24 hours, as persistent selling pressure on Binance and weak momentum indicators raise the risk of a drop below the psychological $1 mark. The token has fallen nearly 6% over the past week and remains more than 70% below its all-time high of $3.65 set in July 2025.

Price stuck below key resistance

The XRP/USDT daily chart shows the token consolidating between $1.05 and $1.10 after a broader decline from the $1.40-$1.50 zone. Buyers have failed to reclaim the $1.15-$1.20 recovery area, and analyst Cryptorphic warned that as long as $1.08 remains resistance, lower levels are possible. A daily close below $1.05 could expose the $1.00 support, while a move above $1.08 would ease immediate pressure and open a path toward $1.14 and $1.18.

Technical indicators paint a mixed picture. The relative strength index stands near 40.30, below its signal line of 45.68, suggesting bearish momentum. The MACD histogram has turned slightly positive, but both the MACD and signal lines remain below zero, indicating only minor stabilization rather than a confirmed trend reversal.

Binance order flow favors sellers

Data from CryptoQuant, analyzed by Arab Chain, shows XRP's Cumulative Volume Delta on Binance remains negative at about 6.93 million. CVD measures the difference between market buy and sell orders; a negative reading means sellers have executed more volume than buyers. The 30-day Price-CVD Confirmation Score of 0.84 confirms that price and order flow are moving together, but buying demand is insufficient for a reversal. A sustained move in CVD above zero would be needed to signal that buyers have returned.

Binance is one of the largest markets for XRP, making its order flow a useful gauge of spot demand. The persistent selling pressure aligns with the chart structure, where the token has stayed near $1.07 while spot sellers cap any rebounds.

Bullish sentiment may backfire

Santiment reported that XRP recorded 3.02 bullish comments for every bearish one on Monday, the highest optimism ratio among major cryptocurrencies—Ether followed at 2.31 and Bitcoin at 1.40. However, the firm warned that crowded optimism can work against prices when markets are already trading lower. "Crypto typically moves opposite to what the crowd is loudly expecting," Santiment wrote, adding that strong bullish discussion could slow a rebound or create short-term downside risk.

The positive sentiment follows a period of rising network growth and social interest near the $1 support level, but it stands in contrast to the negative Binance order flow. This split keeps attention on both price action and liquidity conditions.

Hypothetical $50 scenario requires massive market growth

Crypto commentator Moon Lambo calculated that XRP could reach $50.10 if the total cryptocurrency market grew to $100 trillion and XRP retained a 3.13% market share. At a 1% share, the price would be about $16.01; at 5%, $80.08; and at 10%, $160.15. Moon Lambo stressed that he was not making a prediction, only showing the math under fixed assumptions. The global crypto market would need to expand many times over, and XRP would have to maintain or increase its share—a scenario that depends on adoption, regulation, and market structure changes.

For now, XRP remains in a narrow range between support at $1.00-$1.06 and resistance at $1.18-$1.20. Spot XRP exchange-traded funds recorded $7.29 million in net outflows on July 8, their largest daily withdrawal since March, adding to the cautious outlook.

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