Crypto
XRP Price Action Hinges on Triangle Breakout Amid Exchange Supply Shift
XRP's price action has been closely watched as it trades near $1.3623 on September 4, stuck in a tightening triangle pattern.
The cryptocurrency must break above $1.3713 to target $1.3833 and the $1.43-$1.45 gap, while a break below $1.3293 would risk sending XRP toward $1.3087.
A significant development in the XRP market is the reduction of exchange supply due to Binance's CEX reserves falling by about 500 million XRP since November 2025.
The US spot XRP ETFs have also recorded a $7.20 million outflow, ending an 11-day inflow streak and creating mixed implications for crypto price action, adoption, and DeFi/DEX liquidity.