As XRP continues to seesaw in the $1.4 range, fresh exchange data from Binance shows that the cryptocurrency could be on the cusp of a bullish turnaround. Specifically, the XRP volume z-score (30-day) has reached its highest level since early February 2026.
Binance XRP volume z-score hits 3-month high
XRP is experiencing a strong resurgence in its trading volume, with the digital asset’s Binance volume z-score hitting a 3-month high. The 4th-largest cryptocurrency by reported market cap is targeting a break through the stiff resistance at the $1.47 area.
For the uninitiated, the volume z-score of an asset measures the deviation of the asset’s current trading volume from its historical average over the past 30 days.
As a result, XRP’s Binance volume z-score rising to its highest level since February 2026 is important since it shows a clear return of volume and interest in the digital asset.
In simple words, high z-scores are associated with rising speculative activity or the beginning of strong price movements. The following chart shows that the z-score metric still has quite some distance to cover if it aims to surge past the February 2026 high, which was around 4.
The rise in the z-score after a prolonged period of quiet trading volumes over the past 3 months also shows a clear change in XRP’s liquidity structure.
While it’s not yet known whether the rise in trading is due to institutional or retail interest, one thing is confirmed – the market is experiencing higher-than-usual trading flows. That said, XRP’s price is yet to see any major clear breakout.
Bullish sentiment toward XRP
The optimism fueled by a higher Binance volume z-score is supported by several other metrics. For example, XRP is retesting a decade-long trendline on the monthly timeframe, targeting a price target of $12.
Similarly, prominent crypto analyst Ali Martinez recently noted that XRP could target $1.80 if it successfully breaks through the top of the channel around $1.49 on the 4-hour chart. However, the falling whale-retail spread on Binance may spoil the party for XRP bulls in the short term.
