XRP Buy Pressure on Binance Reaches Three-Month Peak Ahead of November

Buying pressure for XRP on Binance has reached its strongest point in three months, per CryptoQuant. The development lands on the eve of November, a month that has historically proven sharply divided for XRP.

At the same time, large holders are still adding, and technical analysts have outlined the price zones that may shape what comes next.

The Signal Behind XRP's Taker Buy/Sell Ratio on Binance

The Taker Buy/Sell Ratio measures market buy orders against market sell orders. When the figure exceeds 1, buyers are pressing harder than sellers. Simply put, traders are paying the ask instead of selling to the bid.

Arab Chain, an analyst at CryptoQuant, notes that the ratio on Binance reached roughly 1.076, the strongest reading in three months. That is a notable departure from prior prints that stayed below 1.

Even so, Arab Chain warns the single metric by itself cannot prove a sustained turnaround. A continuation above 1, along with price behavior and volume, would still be necessary.

Separately, analyst Versan Aljarrah observed that the share of XRP supply held by whales is at its largest since late 2022. Such hoarding sits in contrast to the token's quiet, sideways trading.

BeInCrypto data shows XRP changing hands at $1.29 at the time of writing. In the trailing 30 days, the token has dropped about 14%, and it is down almost 30% year to date.

Can XRP Defend $1.25 and Set Sights on $2.10?

On the daily chart, analyst Ali Martinez identifies a possible inverse head-and-shoulders setup. The formation consists of three dips, the central one being the deepest. If validated, such a pattern frequently points to a bullish reversal.

Support is seen around $1.25. Should that area hold, XRP might advance to the neckline at roughly $1.55. Closing above that zone on a daily basis would put $2.10 in play. A fall beneath $1.25, on the other hand, could leave the token exposed to about $0.98.

In the meantime, appetite for spot XRP exchange-traded funds is fading. According to SoSoValue data, October net inflows stand at only $10.9 million so far, heading toward the weakest positive month since launch.

With November approaching, the soft institutional interest may cap any bounce. Yet an acceleration in ETF inflows could still give XRP the momentum to challenge the neckline.

Why November Has Been a Divided Month for XRP

Over more than ten years of figures, XRP has posted an average November gain of about 80%. Only a handful of exceptional years are responsible for that average.

XRP, for instance, jumped 531.9% in November 2013, 130.4% in 2014, and 178.3% in 2020. The median November performance, in comparison, is -10%. That divergence illustrates how a small number of standout months can skew the overall figure.

Lately, the trend has tilted negative. November mostly brought losses from 2021 through 2025, aside from a slight gain in 2023. Even so, the whale accumulation seen this year and firmer buy pressure may alter the outlook.

The next few trading sessions will therefore be telling. Should buying pressure stay firm and volume expand, XRP could buck the seasonal pattern. If not, the historical record for November argues for restraint.