Rising Exchange Supply Tests XRP's Upsurge Towards $1.55

XRP has pushed back towards $1.55 after bouncing off its September dip near $1.39.

The price continued to rise, but was halted at $1.55 by sellers.

A slight retracement cooled the advance near $1.52, but bulls were able to recover most of the decline and push XRP back up to $1.5439.

This development matters because it keeps the structure in place, giving bulls another shot at clearing $1.55.

If buyers can decisively clear this level, they may be able to remove immediate overhead sell pressure and accelerate upside momentum.

However, XRP's rally is occurring alongside rising exchange supply, with Binance reserves increasing rapidly as the price trends towards $1.50.