XRP (XRP) has been trading within a narrow range below $1.40 for the past 20 days, but recent data suggests it may be on the verge of a bullish breakout. Crypto analyst Amr Taha highlighted a notable shift in activity on Binance, where XRP withdrawals have risen to 53% while deposits have dropped to 46%, mirroring patterns seen in June 2025 prior to a significant rally. This trend indicates reduced sell-side pressure as fewer coins are being deposited onto exchanges. Additionally, XRP's liquidity on Binance has decreased sharply, with the 30-day liquidity index dropping to 0.053, the lowest since 2021. Despite muted price action around $1.38, the current market conditions may set the stage for a stronger directional move. A daily close above $1.40 could open the door for price targets between $1.60 and $1.67, aligning with the 50-day moving average. However, the overall trading environment remains subdued, with open interest in futures markets climbing to nearly $769 million, suggesting fresh positions are being established. Investors are advised to conduct independent research before making any trading decisions.