The post Could $10 Be Next This Cycle? appeared on BitcoinEthereumNews.com. Home » Crypto Bits XRP is seeing renewed outflows from Upbit, echoing a 2024 trend The post Could $10 Be Next This Cycle? appeared on BitcoinEthereumNews.com. Home » Crypto Bits XRP is seeing renewed outflows from Upbit, echoing a 2024 trend

Could $10 Be Next This Cycle?

Home » Crypto Bits


XRP is seeing renewed outflows from Upbit, echoing a 2024 trend that preceded a sharp price rally. Read more.

‘;
}

function loadTrinityPlayer(targetWrapper, theme,extras=””) {
cleanupPlayer(targetWrapper); // Always clean first ✅
targetWrapper.classList.add(‘played’);
// Create script
const scriptEl = document.createElement(“script”);
scriptEl.setAttribute(“fetchpriority”, “high”);
scriptEl.setAttribute(“charset”, “UTF-8”);

const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);
scriptURL.searchParams.set(“pageURL”, window.location.href);

scriptEl.src = scriptURL.toString();

// Insert player
const placeholder = targetWrapper.querySelector(“.add-before-this”);
placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);
}

function getTheme() {
return document.body.classList.contains(“dark”) ? “dark” : “light”;
}

// Initial Load for Desktop
if (window.innerWidth > 768) {

const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),’&autoplay=1′);
});
}
}

// Mobile Button Click
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),’&autoplay=1′);
});
}
function reInitButton(container,html){
container.innerHTML = ” + html;
}

// Theme switcher
const destroyButton = document.getElementById(“checkbox”);
if (destroyButton) {
destroyButton.addEventListener(“click”, () => {
setTimeout(() => {
const theme = getTheme();
if (window.innerWidth > 768) {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if(desktopWrapper.classList.contains(‘played’)){
loadTrinityPlayer(desktopWrapper, theme,’&autoplay=1′);
}else{
reInitButton(desktopWrapper,’Listen‘)
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,’&autoplay=1’);
});
}
}
} else {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if(mobileWrapper.classList.contains(‘played’)){
loadTrinityPlayer(mobileWrapper, theme,’&autoplay=1′);
}else{
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,’&autoplay=1′);
});
}
}
}
}, 100);
});
}
})();



Summarize with AI



Summarize with AI

Ripple’s XRP token is once again drawing attention. Large amounts of the token are leaving major exchanges, including Upbit and Binance. The last time this happened on Upbit in late 2024, the asset’s price rose sharply. Now, similar outflows are being seen, raising questions about what might come next.

XRP Supply on Upbit Is Falling Again

In November 2024, XRP reserves on Upbit dropped from 6.6 billion to under 6 billion. During that time, the token surged from $0.5 to $3.29, according to analyst CW. This drop in available supply was followed by a strong rally.

A similar move appears to be happening now. In early January 2026, XRP reserves on Upbit started falling again. As that happened, its price climbed to around $2.3. Fewer tokens on the exchange often suggest reduced sell pressure, as more users move their holdings to private wallets.

However, the current drop isn’t as sharp as the one seen in 2024, but the pattern is familiar. Traders are watching to see if history will repeat.

In addition, Upbit isn’t the only exchange seeing XRP withdrawals. Binance has also recorded a steady drop in reserves. Since October 2025, more than 300 million XRP have been pulled from the platform. Its reserves fell from over 3 billion to 2.68 billion.

XRP Exchange Reserve on Binance 8.1. Source: CryptoQuant

While this was happening, XRP’s price dropped from over $3 to around $1.8. However, the chart shows a recent recovery, with the price now back above $2.

Market Levels and Analyst Views

As of press time, XRP is priced at around $2.10. It is down nearly 6% in the last 24 hours but up more than 16% over the past week. The recent drop from $2.28 shows that this level is acting as resistance. Technical trader CRYPTOWZRD said,

You may also like:

They also noted a double top pattern forming, which could lead to more downside unless buyers step in soon.

Other analysts remain optimistic. Chartist Ali Martinez shared that a TD buy signal is in progress, while Elliott Wave specialist XForceGlobal sees a larger move forming. The analyst said XRP might already be in the early stages of a new uptrend, adding:

Speaking further, he sees $5 as a realistic target and even mentioned the possibility of $10 to $20 during the current cycle. He did note that a dip to the $1.30–$1.50 range could still happen.

Meanwhile, XRP’s performance in early 2026 has caught investor interest. It outpaced Bitcoin and Ethereum in the first week of the year. CNBC called it the “hottest crypto trade of the year,” noting the shift in attention toward XRP as traders search for alternatives.

US-listed spot XRP ETFs have continued to see steady inflows into January. These flows are seen as a sign of growing interest from larger investors. Combined with the falling supply on exchanges, some traders believe this could set the stage for further gains — if key levels like $2.28 are cleared.

SPECIAL OFFER (Exclusive)

SECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).

Source: https://cryptopotato.com/ripples-xrp-supply-shrinks-fast-could-10-be-next-this-cycle/

Market Opportunity
XRP Logo
XRP Price(XRP)
$2.1074
$2.1074$2.1074
+0.41%
USD
XRP (XRP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 00:36
WIF price reclaims 200-day moving average

WIF price reclaims 200-day moving average

WIF (WIF) price is entering a critical technical phase as price action reclaims the 200-day moving average, a level that often separates bearish control from bullish
Share
Crypto.news2026/01/13 23:44
Trump: Powell did a bad job.

Trump: Powell did a bad job.

PANews reported on January 13th that, according to Jinshi Data, US President Trump stated: "Federal Reserve Chairman Powell is either incompetent or dishonest.
Share
PANews2026/01/13 23:40