XRP Stuck Near $1.50, $1.55 Resistance Level in Focus

XRP has been trading near $1.50 for the past week after recovering from its September decline.

The key resistance level to watch is around $1.55, where price action has recently shown signs of hesitation.

Binance holds approximately 2.65 billion XRP in its reserves, a figure that has fallen about 20% since November 2024.

Recent inflow and outflow activity remains below the major spikes recorded in late 2024 and early 2025, indicating limited exchange flow pressure on XRP's price.

Analysts view $1.55 as a crucial level for XRP to reclaim before potential further upside towards $1.80 could be considered.