The post XRP price forms a bullish engulfing as Binance reserves dip appeared on BitcoinEthereumNews.com.

XRP price could be about to rebound in the near term after forming a bullish engulfing pattern as key catalysts like falling Binance reserves and ETF inflows align. Summary XRP price has formed several bullish chart patterns on the daily chart. The supply of XRP tokens in exchanges has dropped to the lowest level in months. Spot XRP ETF inflows have continued rising this week. The Ripple (XRP) token was trading at $1.8885 at press time, up slightly from the intraday low of $1.7758.  A potential catalyst for the XRP price is third-party data showing that the token’s supply on exchanges has continued to fall. Data compiled by CryptoQuant indicate that the supply has been in a pronounced downward trend since peaking in October this year. It has now reached its lowest level of the year. 🚨𝐁𝐑𝐄𝐀𝐊𝐈𝐍𝐆: 𝐗𝐑𝐏 𝐈𝐬 𝐕𝐚𝐧𝐢𝐬𝐡𝐢𝐧𝐠 𝐅𝐫𝐨𝐦 𝐁𝐢𝐧𝐚𝐧𝐜𝐞 — 𝐑𝐞𝐬𝐞𝐫𝐯𝐞𝐬 𝐉𝐮𝐬𝐭 𝐇𝐢𝐭 𝐀 𝐌𝐮𝐥𝐭𝐢-𝐌𝐨𝐧𝐭𝐡 𝐋𝐨𝐰 😳📉 Okay this is not a normal chart. 𝐁𝐢𝐧𝐚𝐧𝐜𝐞’𝐬 𝐗𝐑𝐏 𝐫𝐞𝐬𝐞𝐫𝐯𝐞𝐬 just dropped to a multi-month low — meaning XRP is… pic.twitter.com/Kk0vQP3B3p — Diana (@InvestWithD) December 18, 2025 Falling Binance exchange reserves are significant because it is the largest venue for XRP trading. Data compiled by CMC shows that XRP’s volume in Binance on Friday stood at over $600 million, much more than Upbit’s $355 million. Declining exchange balances indicate that investors are moving their tokens to cold storage, suggesting they expect the tokens to rebound over time.  The falling exchange balances is happening at a time when XRP ETF demand remains substantial. Data compiled by SoSoValue indicate that spot XRP ETFs had over $68 million in inflows this week, bringing the cumulative net inflows to $1.06 billion. These inflows brought the total assets to $1.14 billion. XRP ETF inflows this week were notable, occurring when Bitcoin and Ethereum funds shed…

---

Filed under: News - @ December 19, 2025 7:27 pm