- Binance inflows spike, mirroring activity before the 2024 rally.
- USD and XRP liquidity tighten, creating conditions for sharp moves.
- Analyst targets $10 if breakout confirms broader bullish structure.
Ripple’s XRP traders have seen this setup before. In late 2024, momentum built quietly before price exploded. Few expected the scale of that rally. XRP climbed from $0.5 in November 2024 to $3.4 by January 2025. Today, price trades near $1.39 as sellers apply pressure. However, three familiar signals have returned. Market participants now wonder whether another powerful breakout could develop.
Three Signals That Mirror the 2024 Breakout
November 2024 delivered one of the strongest rallies in XRP history. The surge followed Donald Trump’s U.S. election victory, which lifted sentiment across crypto markets. Capital rotated quickly, and XRP responded with aggressive upside movement. Market analyst Xaif recently highlighted three signals that appeared before and during that breakout. Using CryptoQuant data, he pointed to rising exchange inflows as the first signal. Large amounts of XRP have started moving onto Binance again.
Historical data shows that large inflow spikes preceded upside volatility in 2024. On October 20, 2024, Binance recorded inflows of 15.12 billion XRP. November 14 saw 3.616 billion XRP move onto the exchange. Another 10.345 billion XRP arrived on November 23. Price did not collapse after those spikes. Instead, volatility expanded and buyers pushed XRP steadily higher toward $3.4 by January 2025.
The second signal involves shrinking USD liquidity in AMM pools. Xaif noted that capital supporting XRP markets has thinned again. Thin liquidity often leads to stronger price swings because order books provide less resistance. Before the 2024 rally, daily USD liquidity declined steadily. During October 2024, levels ranged between $2.5 million and $2.6 million. In November 2024, liquidity dropped closer to $1.5 million.
Will XRP Reach $10?
Current figures show a similar contraction. Liquidity climbed above $6 million in September 2025 and stayed above $5 million in October 2025. Since then, levels have tightened. February 2026 data shows daily USD liquidity between $1.9 million and $2.1 million. Such conditions can magnify price movement once demand increases.
The third signal centers on shrinking XRP liquidity in AMM pools. Available token supply has declined again. Liquidity compression often precedes sharp directional moves. Between August and September 2024, XRP liquidity averaged 5.8 million XRP. October 2024 saw a drop to 5 million XRP. November 2024 recorded a sharp fall to 1.5 million XRP, which aligned with the rally toward $3.4.
During most of 2025, liquidity hovered around 2.2 million XRP. December 2025 brought another decline to 1.5 million XRP. February 2026 now shows an average near 1.385 million XRP per day. This steady contraction resembles the setup seen before the previous breakout.
