Is XRP ready to take off? 3 signs the Ripple Bulls are back

Is XRP ready to take off? 3 signs the Ripple Bulls are back

These are the signs that XRP’s bears could soon take a step back.

The latest down market trend has not been kind to Ripple’s XRP, whose price has fallen nearly 25% over the past two weeks.

However, some key factors indicate that the bulls may soon regain control.

Rally on the way?

Last week, Ripple’s cross-border token fell to almost $1.10, its lowest point since November 2024. In the following days, it recovered from the sharp drop and is currently trading at around $1.40, still well below previous months’ levels.

Certain elements, including XRP exchange reserves, suggest that a further rebound could be on the horizon. According to CryptoQuant data, the number of coins stored on Binance has recently fallen to around 2.55 billion, the lowest figure since early 2024. At the time of writing, reserves on that particular platform are around 2.57 billion XRP, or quite close to the local bottom.

XRP Exchange reserves on Binance, source: CryptoQuant

This trend indicates that investors have switched from centralized trading platforms to self-custody methods, which in turn reduces immediate selling pressure.

The spot XRP ETFs are the next bullish factor on the list. Recall that the first such product in the US, which has 100% exposure to the asset, was launched in November 2025. It was introduced by Canary Capital, while soon after Bitwise, Franklin Templeton, 21Shares and Grayscale did the same.

The investment vehicles have seen solid demand, with total cumulative net inflows exceeding $1.23 billion. The last negative daily net flow occurred on January 29, meaning institutional investor interest remains strong.

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Discover XRP ETFs
Discover XRP ETFs, source: SoSoValue

Some technical setups also indicate that XRP could soon make a decisive move higher. X user Niels spotted the formation of an “inverted head and shoulders pattern” on the token’s price chart. The configuration consists of three bottoms, with the middle one being the lowest, and a “neckline” connecting the highs between the dips.

Analysts believe that a breakout above the neckline could fuel a substantial pump. For example, Niels claimed that a bounce above the $1.44 level could be that spark.

Something for the bears

It is important to note that the broader crypto market environment remains largely bearish, so a renewed downtrend for many leading digital assets (including XRP) in the near future cannot be ruled out.

XRP’s Relative Strength Index (RSI) also suggests that the bulls will soon have to take another hit. The technical analysis tool measures the speed and magnitude of recent price changes and is often used by traders to identify potential reversal points.

It ranges from 0 to 100, and values ​​above 70 indicate the asset is overbought and due for a pullback. Anything below 30, on the other hand, is considered a buying opportunity. Data shows that XRP’s RSI is currently around 72.

XRP RSI
XRP RSI, Source: RSI Hunter
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