Ripple XRP Price: Japan’s Rakuten Just Gave 44 Million Users a Reason to Buy XRP

TLDR

• XRP has consolidated below $1.40 for 20 days, trading near $1.38
• Binance withdrawals rose to 53% while deposits dropped to 46%, matching June 2025 levels before XRP’s run to $3.65
• XRP’s 30-day liquidity index on Binance hit its lowest level since 2021
• Japan’s Rakuten is integrating XRP payments for 44 million users across 5 million merchants
• A daily close above $1.40–$1.42 is the key level traders are watching for a breakout

XRP has spent the last 20 days trading in a tight range below $1.40. On-chain data and a major adoption announcement from Japan are now drawing attention to the token.

Crypto analyst Amr Taha flagged a shift in Binance transaction flow. The seven-day average shows XRP withdrawals rising to 53% while deposits fell to 46%. This is the same setup seen in June 2025, right before XRP rallied 65% to an all-time high of $3.65.

When deposits fall, fewer coins are moving onto exchanges. When withdrawals rise, coins are leaving. Together, this points to reduced sell-side pressure.

XRP’s 30-day liquidity index on Binance has also dropped to 0.053, the lowest reading since 2021. The 30-day trading volume stands at roughly 3.77 billion XRP, one of the quieter periods in recent years.

Price reflects this slowdown. XRP is trading near $1.38, with limited movement over the past three weeks.

Futures Data and Key Levels

In futures markets, the aggregated spot cumulative volume delta (CVD) sits at -$153 million, with futures CVD near -$295 million. These numbers point to reduced aggressive selling rather than strong buying.

Funding rates have turned slightly positive at 0.06%, showing a mild long bias. Open interest has climbed to nearly $769 million, suggesting new positions are being built.

From a technical standpoint, a daily close above $1.40 opens a path toward $1.60–$1.67. That $1.40 level also lines up with the 50-day moving average.

Roughly $250–$300 million in cumulative long and short positions are at risk within a 10% move in either direction.

Rakuten Integrates XRP for 44 Million Users

Japan’s e-commerce company Rakuten announced it is integrating XRP into its payments app. The integration covers more than 5 million merchants and allows users to spend, earn, and hold XRP through Rakuten Wallet.

Users can also buy XRP using Rakuten loyalty points. Over $23 billion worth of loyalty points are currently in circulation across the platform.

XRP moved from $1.32 to $1.38 on the back of this news, breaking out of prior resistance on strong volume. The move was gradual and sustained, which analysts read as accumulation rather than a short-lived spike.

XRP is still trading within a broader downtrend channel. ETF outflows and continued realized losses show longer-term conviction remains mixed.

Traders are watching $1.37 as the key support level. A drop below $1.32–$1.30 would invalidate the current breakout. A clean move above $1.40–$1.42 is needed to confirm stronger upside momentum.

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