Overview
- Price action tightened in mid‑July with XRP trading around $1.08–$1.11 and $1.12 identified as the key near‑term resistance.
- Large on‑ledger transfers worth more than $1 million plunged from about 70 to just 2, a sign that high‑value holder activity has sharply cooled.
- Spot XRP funds recorded roughly $7 million in net outflows last week, ending a multiweek inflow streak and removing a recent source of buying demand.
- Binance order‑flow turned decisively negative, with a cumulative volume delta reading near -6.93 million on July 14 that shows more sell volume than buy volume on a major exchange.
- Network use and Ripple‑linked products diverge from price trends as XRPL AI transactions and XRP settlements climb and RLUSD deposits on Morpho hit a record ~$250 million, creating a mixed signal of rising adoption but weakening market liquidity.