The XRP price has come under renewed selling pressure, falling from $3.40 to around $2.71 in recent weeks as large holders accelerate distribution.
On-chain data from CryptoQuant reveals consistent whale outflows exceeding $50 million daily, with a 30-day moving average showing uninterrupted red bars since late September.
According to whale activity tracked by Santiment, addresses holding over 1,000 XRP have been steadily offloading tokens without equivalent inflows to balance the market. This persistent selling has intensified downside momentum at a time of heightened volatility across the broader crypto sector.
Whales have offloaded over $50 million in XRP daily, driving the price from $3.40 to $2.81 amid relentless selling and smart money rotation out of the asset. Source: @satoshi_tear via X
The current XRP price stands near $2.73 after a 7.5% weekly decline, highlighting how institutional exit flows have weighed on sentiment. Many market watchers view this distribution phase as a critical inflection point.
Technical Floor Around $2.65 Gains Attention
Despite growing selling pressure, analysts are closely watching the $2.65–$2.70 zone, where the 200-day EMA sits as a potential support “floor.” A chart shared by Crypto Dyl on X reads, “When in doubt, zoom out—$XRP bounce coming soon.”
Analysts point to the 200-day EMA near the $2.65–$2.70 range as a key support floor, suggesting an impending XRP bounce despite recent market weakness. Source: @cryptodylnews via X
This zone has historically served as a technical pivot, and traders believe it could trigger a relief rally if bulls step in aggressively.
Meanwhile, Peter Brandt remains cautious, forecasting a possible 20% pullback to $2.26 if the support fails. This view contrasts with more optimistic projections from Changelly, which places XRP’s October price forecast between $2.71 and $3.14.
Volume Rises as Price Slips
According to data from FXStreet, daily trading volume has increased by over 16% to $5.33 billion as prices dipped. This suggests repositioning by traders rather than a complete exit from the market.
XRP was trading at around $2.73, down 2.25% in the last 24 hours at press time. Source: XRP price via Brave New Coin
XRP currently holds a market capitalization of more than $167 billion, making it one of the most actively traded altcoins. Analysts interpret this pattern as a sign that traders may be preparing for a major move—either a sharp bounce from support or a deeper slide toward $2.50.
Regulatory and ETF Factors Add Uncertainty
Beyond technical factors, regulatory developments continue to influence XRP price predictions for 2025. Market participants are monitoring the U.S. Securities and Exchange Commission case and potential Grayscale XRP ETF approval. A favorable outcome could act as a bullish catalyst, while delays or negative rulings might deepen existing selling pressure.
Speculation around an upcoming XRP spot ETF decision and Ripple XRP SEC resolution has fueled optimism among some traders, with projections ranging from $4 to $10 if institutional inflows resume. However, these scenarios remain speculative as the regulatory landscape evolves.
Key Resistance at $3 Could Define Trend
On the technical front, XRP continues to trade below the $3 resistance zone, a level that previously acted as a breakout threshold earlier in 2025. A decisive close above this barrier could shift momentum back to the bulls and open the door to targets near $4.47.
XRP shows a short-term bullish setup as it rebounds from $2.70 support to test the descending channel’s upper resistance near $2.80 on the 10-minute futures chart. Source: @Degen_Hardy via X
Conversely, failure to defend support may trigger a sharper correction to $2 or below. Mixed momentum signals—including neutral RSI and MACD readings—further highlight the token’s uncertain near-term trajectory.
With both bullish and bearish scenarios still valid, the coming weeks are expected to be crucial for XRP’s medium-term outlook. If the price of XRP holds above its technical floor, a rebound could follow. But if whale distribution continues unchecked, further declines are possible.