whales accumulate — is a breakout brewing?

Over the past few days, XRP price prediction models have been tested as XRP experienced a wild ride, falling from above $2.80 to as low as $1.64 before rising back toward the mid-$2 level. Leveraged traders were shaken by the abrupt volatility, but long-term holders were able to intervene.

The discounted levels of whale accumulation indicate that major players consider the correction to be transitory rather than systemic. As XRP consolidates between $2.35 and $2.45 despite conflicting emotions, the upcoming week may prove pivotal for overall XRP outlook and market sentiment.

Current XRP price scenario

XRP showed endurance after severe liquidations by stabilizing around $2.36 after one of the year’s steepest single-day declines.  Wallets with more than 100 million XRP have increased significantly after the October 11 meltdown, according to on-chain analytics from Santiment and BeInCrypto.

Short-term sentiment is still cautious in spite of this.  The fact that exchange inflows are still high suggests that individual traders might be lowering their exposure.  As it waits for either fresh impetus or another challenge of support, XRP is now trading in a tight consolidation zone.

The market is still volatile, and significant directional movements are frequently preceded by volatility compression. Many traders expect a breakout once volume returns as they consider technical signs and whale behavior, aligning with recent Ripple price forecast discussions.

Upside for XRP price

Bullish momentum may pick up speed quickly if XRP is able to regain the $2.80–$3.10 resistance corridor.  This situation is supported by whale positioning, as accumulation at multi-month lows usually occurs prior to trend reversals.

As sources suggest that ETF-related registrations for XRP might acquire regulatory traction before year-end, institutional mood also seems to be strengthening.  If $3.10 is successfully broken above, XRP may move toward $3.60–$3.80, which would be the same levels as before the downturn last month.

Furthermore, past trends indicate that if whale demand continues, post-crash consolidations frequently resolve higher.  The upward potential may be further strengthened if Bitcoin stabilizes over $108,000 and liquidity shifts into altcoins like Ripple (XRP).

Downside potential for XRP

Failure to maintain the $2.30–$2.40 support is still the biggest danger since it might rekindle selling pressure.  According to reports, whales are selling about $50 million worth of XRP every day, which has cast doubt on the accumulation story.

Before regaining its footing, XRP might return to the $2.00–$2.20 range if that trend picks up speed or if the general risk appetite wanes. 

Contagion from wider crypto weakness is another significant danger; if Bitcoin loses important support, sentiment may turn negative for other altcoins.

Funding rates, which have stabilized following sharply negative prints, should also be watched by traders as they may rise once more if volatility resumes. Sustained whale support is still essential to avoid a deeper retracement, and downside expectations remain tied closely to Bitcoin’s next directional cue.

XRP price prediction based on current levels

The main short-term range for XRP is between $2.30 and $3.10, with volatility remaining strong.  Strength would be indicated by a daily closing over $3.10, which might move objectives closer to $3.60+.  Losing $2.30, on the other hand, might make it possible to retest the $2.00–$2.20 range.

Since reduced leverage and whale inflows suggest that trust may be restored, the bias is often neutral to optimistic.  Higher trade volumes and steady closes above resistance are necessary for momentum confirmation, though.

Bitcoin may serve as a tailwind for XRP’s recovery through the end of October if it maintains its own upward trend. Consolidation within this corridor is still the most likely course of action until then — though market projections continue to favor gradual recovery into Q4 2025.