XRP Price Outlook Bearish as Binance Scarcity Index Hits 20-Month Low

XRP is trading at $1.50, with a Binance scarcity index reading of -0.94, the lowest level since January 2025, signaling increased exchange supply. While open interest has reached its highest level since August 2025, the market faces a critical test at the $1.50 support level. Analysts note $1.55 as a key resistance point, with potential for further volatility if the price fails to hold current support.