Compass Investments XRP Faces Its First Big Test With Exchange Supply Drying Up

📌 XRP Faces Its First Big Test With Exchange Supply Drying Up – Key Takeaways XRP trades near $1. 14, below the 50-day at $1. 19. Binance scarcity index hits highest level since mid-2024.

Trading near $1.14, #XRP sits below its 50-day SMA at $1.19 as exchange supply dries up. Binances scarcity index hit its highest level since mid-2024, signaling tighter liquidity and a potential first big test for the tokens market depth. Expect volatility as on-chain outflows tighten available exchange balances. #Macro Insights# #Binance #Crypto. Binance

$XRP ,

Trading near $1.14, #XRP sits below its 50-day SMA at $1.19 as exchange supply dries up. Binance’s scarcity index hit its highest level since mid-2024, signaling tighter liquidity and a potential first big test for the token’s market depth. Expect volatility as on-chain outflows tighten available exchange balances. #Macro Insights# #Binance #Crypto