XRP, the native token of the XRP Ledger used for cross-border payment settlement, is trading near $1.10 as buyers attempt to extend a breakout from a contracting hourly pattern. The immediate technical hurdle sits at $1.13, a level that has repeatedly blocked stronger upside momentum. A decisive move above that barrier would place resistance at $1.17 and $1.21 in view, with a further extension potentially bringing the $1.25–$1.30 zone into focus.

Meanwhile, Binance exchange reserves have fallen toward 2.6 billion XRP, and daily inflows remain near the lower end of their historical range. Analyst Javon Marks separately projects a longer-term measured move above $15 if XRP clears its broader consolidation pattern.

Short-Term Breakout Setup

Analyst Ali Martinez identifies $1.13 as the key level needed to confirm the short-term move. His hourly chart shows XRP breaking above a symmetrical triangle after volatility narrowed. Symmetrical triangles are a widely recognized chart pattern in which price converges between two trendlines, often preceding a directional move once one boundary gives way. While buyers cleared the upper trendline, the price has not yet established support above $1.13.

A firm close above that barrier could expose $1.17 and $1.21 as the next visible resistance areas. A stronger extension could later bring the $1.25 to $1.30 range into play. However, the breakout requires sustained follow-through rather than a brief intraday spike. XRP must hold above the former pattern boundary as volume builds.

Without confirmation, the price could revert to the earlier consolidation range. Initial support sits near $1.09, where the former triangle resistance may attract buyers. The rising lower trendline appears near $1.07. A move below both levels would weaken the current hourly structure.

Binance Reserves Fall as Fresh Inflows Stay Low

CryptoQuant's Binance reserve chart places exchange holdings near 2.6 billion XRP. Reserves stood above 3 billion during several periods in 2024 and 2025. The balance has moved lower during 2026, even as XRP's price declined toward $1.10.

Exchange reserve data is a widely tracked on-chain metric used to gauge the supply of tokens held directly on trading platforms. Lower exchange reserves mean fewer tokens sit directly on Binance for immediate trading, which can reduce available sell-side supply when demand improves. However, falling balances do not confirm that every token moved into long-term storage. Some XRP may have shifted into private wallets, custodians, other exchanges, or off-exchange services. Reserve data therefore indicates where tokens are held rather than proving why users moved them.

The Binance inflow chart adds further context. Its latest reading stands near 180,200 XRP, far below the large deposit spikes recorded in late 2024. Inflows have stayed muted through much of 2026. Low inflows suggest holders are not sending large amounts of XRP onto Binance for immediate sale, though the data does not reveal the volume of new spot demand entering the market. Price still requires buying pressure before reduced exchange supply can support a sustained advance.

Analyst Tracks a Larger Move Toward $15

Analyst Javon Marks sees XRP approaching a key point within its broader market structure. His chart compares the current setup with two earlier consolidation cycles, both of which included corrective moves before price expanded sharply higher.

$XRP still nearing a key converging/breaking point, and it catapult prices right into its next wave up towards the measured movement target at $15 and above… pic.twitter.com/5eShsR7xbR — JAVON⚡️MARKS (@JavonTM1) July 23, 2026

The latest structure shows XRP moving inside a smaller downward-sloping pattern following a wider advance. Marks expects a breakout from that formation to initiate another measured move, with his projection placing the long-term target at $15 and above. That target covers a wider cycle and does not replace nearer resistance levels.

XRP must first clear the current corrective pattern and establish a sequence of higher highs. Price would also face several supply zones before reaching the measured target. The short-term and long-term charts use different confirmation points: Martinez watches $1.13, followed by $1.17 and $1.21, while Marks tracks a larger structural break that would activate the projection above $15.

Binance data shows less XRP available on the exchange and limited fresh deposits. Even so, price must convert $1.13 into support before the current breakout gains technical confirmation. A loss of $1.09 and $1.07 would place the hourly setup back under pressure.