Arab Chain
September records clear dominance of sellers over XRP in Binance despite limited rebound attempts
Data from Binance, the platform with the highest trading volume, indicate that during September the Taker Buy-Sell Ratio on xrp showed a clear bias toward sellers dominating the market. The ratio remained below the breakeven level of 1 on most days, indicating that immediate selling pressure was stronger than buying demand. Despite brief attempts to rebound above 1 in the middle and later part of the month, these moves failed to develop into a sustained uptrend, as the indicator quickly returned below 0.95 The price, in turn, moved within a narrow, bearish range, reflecting that selling flows preceded and confirmed weak momentum. The most notable feature of September was the recording of low readings near 0.8, followed by a sharp rebound above 1—likely the result of short covering rather than an influx of new buying liquidity. Overall, September presented a neutral-to-negative picture, with continued selling pressure and the absence of clear price breakouts to confirm an upward reversal. In contrast, the last three days show a different picture: a strong rebound that quickly failed, followed by a clear return of seller control, indicating that the market is testing support without confirmation of a sustained buying wave. September was characterized by seller dominance of XRP on Binance, with short-lived buying spurts insufficient to reverse the trend. The current picture is bearish; a decisive shift would require a series of readings above 1 accompanied by a clear price breakout.