XRP may now be witnessing three of the signals that emerged right before and during the November 2024 upsurge to new heights.
XRP staged one of its sharpest rallies in November 2024 after President Donald Trump won the U.S. election. The token jumped from $0.5 in November 2024 to a high of $3.4 by January 2025, marking a powerful run in just a few months.
Today, XRP trades around $1.39 as sellers continue to weigh on the price. However, market data indicate that familiar setups may be emerging. Specifically, XRP now witnesses three of the same signals that appeared before and during the November 2024 breakout.
Key Points
- XRP staged one of its most explosive runs in November 2024 when it rallied from $0.5 to $3.4 by January 2025 after Donald Trump’s election win.
- XRP now trades around $1.39 as it faces bearish pressure but shows signs similar to the November 2024 breakout phase.
- For instance, large exchange inflow spikes, including double-digit billion XRP moves in late 2024, preceded the last rally and have started appearing again.
- USD liquidity in AMM pools previously dropped to as low as $1.5 million before the 2024 surge and now ranges between $1.9 million and $2.1 million.
- XRP liquidity compressed sharply before the last breakout, falling to 1.5 million XRP, and now averages about 1.385 million XRP in February 2026.
- If the current pattern continues to play out as before, they could set the stage for a move toward $10.
Exchange Inflows Rise on Binance
Market analyst Xaif shared this information in a recent disclosure, citing data from CryptoQuant. He first highlighted a rise in exchange inflows as one of the three signals. Notably, large amounts of XRP have started moving onto Binance again. While traders see such rising inflows and expect a price drop, Xaif says this may be bullish.
Data from the CryptoQuant chart shows that before and during the early November 2024 rally that pushed XRP from $0.5 to $3.4 by January 2025, XRP recorded several big daily inflow spikes into Binance.
Specifically, on Oct. 20, 2024, inflows reached 15.12 billion XRP, and hit highs around 3.616 billion XRP by Nov. 14, 2024. Also, on Nov. 23, 2024, inflows climbed to 10.345 billion XRP. After these spikes, XRP did not crash. Instead, volatility picked up, and the price moved higher.
USD Liquidity Shrinks in AMM Pools
Xaif then highlighted falling USD liquidity as the second factor. He said the capital backing XRP markets has started to shrink. According to him, when markets thin out, prices often move more sharply in either direction because there is less support in the order books.
Notably, CryptoQuant data tracking total USD liquidity in AMM pools shows that just before and during the start of the November 2024 rally, daily USD liquidity dropped. In October 2024, liquidity fell to between $2.5 million and $2.6 million. From early to late November 2024, it slumped further to a range between $1.5 million and $2.5 million.
Xaif compared this to today’s figures. For context, after daily liquidity climbed above $6 million in September 2025 and above $5 million in October 2025, it started thinning again. In February 2026, daily USD liquidity now ranges between $1.9 million and $2.1 million, showing another contraction.
XRP Liquidity Continues to Tighten
The third signal involves shrinking XRP liquidity. Xaif noted that the available token supply in the market has quietly declined. He explained that before the last breakout, XRP liquidity compressed in the same way.
According to CryptoQuant data tracking total XRP liquidity in AMM pools, liquidity averaged 5.8 million XRP from August to September 2024. In October 2024, the figure dropped to 5 million XRP. By November 2024, liquidity fell sharply to 1.5 million XRP, aligning with the rally from $0.5 to $3.4 by January 2025.
After the rally, most of 2025 saw liquidity hovering around 2.2 million XRP. However, in December 2025, it slipped again to 1.5 million XRP. Now, in February 2026, XRP liquidity averages 1.385 million XRP per day.
The Same Setup Appearing Again
Xaif explained that during the last rally, exchange inflow spikes came first. After that, USD liquidity expanded and led to a longer move higher. At the same time, XRP liquidity compression helped trigger the breakout. He now sees all three signals coming up again in February 2026. The analyst expects XRP to hit $10, a 619% rise from here, if the breakout comes.
Despite this, Xaif warned traders not to rely on these signals alone. According to him, they should also check derivatives positioning, funding rates, and the broader market structure before making any decisions. While the structure continues to form, the analyst suggested that traders wait for clear confirmation.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.