Cryptocurrency Market NewsXRP Buying Pressure on Binance Hits Three-Month High: What to Expect in...

XRP Buying Pressure on Binance Hits Three-Month High: What to Expect in November?

XRP buying pressure on Binance has climbed to a three-month high, according to CryptoQuant. The shift arrives just before November, historically one of XRP’s most polarized months.

Meanwhile, whales keep accumulating, and chart analysts have mapped the levels that could define the next move.

What Binance’s Taker Buy/Sell Ratio Reveals About XRP

The Taker Buy/Sell Ratio compares market buy orders with market sell orders. A reading above 1 means buyers are acting more aggressively than sellers. In other words, traders are lifting offers rather than hitting bids.

On Binance, XRP’s ratio climbed to about 1.076, its highest level in three months, according to CryptoQuant analyst Arab Chain. That marks a clear break from earlier readings below 1.

Still, Arab Chain caution that the ratio alone does not confirm a lasting reversal. Price action, volume, and a sustained reading above 1 must follow.

In addition, analyst Versan Aljarrah noted that XRP whales hold their highest supply share since late 2022. That accumulation contrasts with subdued, range-bound prices.

At press time, XRP trades at $1.29, according to BeInCrypto data. The token is down about 14% over the past 30 days and nearly 30% year-to-date.

Can XRP Hold $1.25 and Break Toward $2.10?

Analyst Ali Martinez sees a possible inverse head-and-shoulders pattern on XRP’s daily chart. This pattern shows three troughs, with the deepest in the middle. If confirmed, it often signals a bullish trend reversal.

The key support sits near $1.25. If buyers defend that level, XRP could climb toward the neckline near $1.55. A daily close above it would bring $2.10 into focus. However, a breakdown below $1.25 could open the door to roughly $0.98.

Meanwhile, demand for spot XRP ETFs is cooling. October’s net inflows total just $10.9 million so far, on track for the smallest positive month since launch, according to SoSoValue data.

Heading into November, that weak institutional demand could limit any rebound. Still, a pickup in ETF inflows could help XRP test the neckline.

Total XRP Spot ETF Net Inflow. Source: SoSoValue
Total XRP Spot ETF Net Inflow. Source: SoSoValue

Why November Is a Polarized Month for XRP

Across more than a decade of data, November delivered an average XRP return of roughly 80%. However, a few outlier years drive that figure.

For example, XRP surged 531.9% in November 2013, 130.4% in 2014, and 178.3% in 2020. By contrast, the median November return sits at -10%. That gap shows how a few explosive months can distort the average.

Recent years lean bearish. From 2021 through 2025, November produced mostly declines, with only a marginal gain in 2023. Even so, this year’s whale accumulation and stronger buy pressure could change the picture.

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XRP Monthly Returns. Source: CryptoRank

Therefore, the coming sessions matter. If buy pressure holds with rising volume, XRP may defy the trend. Otherwise, November’s history suggests caution.

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