XRP’s price action is entering a defining moment, sitting at a tight crossroads between major support and resistance levels that could set the tone for its next explosive move.
After a week marked by whale distribution, cascading liquidations, and growing ETF anticipation, XRP price today is holding near $2.44, with traders watching closely for a breakout or a breakdown in the coming sessions.
XRP Finds Balance Between $2.10 Support and $2.80 Resistance
Recent on-chain data from Glassnode reveals that $2.10 has emerged as a key support level for Ripple XRP, where around 2.54% of the total supply was acquired. On the upper side, $2.80 stands as a strong resistance zone, with nearly 3.97% of supply bought around this price. These levels are acting as natural psychological barriers, reflecting the behavior of long-term holders.
Glassnode’s data highlights strong XRP support at $2.10 with 1.65B coins accumulated and key resistance forming at $2.80. Source: Ali Martinez via X
As of October 16, 2025, XRP’s current price remains locked between these levels, supported by a massive $5.8 billion in daily trading volume. Unless a major regulatory or macro catalyst breaks this range, analysts expect the price to continue consolidating within these zones.
Whale Activity and Institutional Selling Pressure
Heavy institutional activity has defined XRP’s recent moves. Between October 14 and 15, the price of XRP plunged 6% from $2.49 to $2.41 as large holders distributed over 2.23 billion tokens to exchanges, wiping out nearly $10 billion in market value. This wave of selling triggered forced deleveraging across derivatives markets, cutting open interest in half to $4.22 billion.
Support failed at $2.48–$2.50, triggering cascade liquidations that drove price to $2.40. This institutional exodus, rather than retail panic, has largely shaped recent price action, with funding rates on major platforms turning negative.
Technical Indicators Suggest Tight Trading Range
From a technical standpoint, Ripple XRP price is hovering near short-term support at $2.40–$2.42, with immediate resistance sitting around $2.55–$2.56. Broader overhead supply remains heavy at $2.65. Volume-weighted metrics suggest buyers have yet to step in decisively, keeping momentum oscillators in oversold territory.
A candlestick chart shows XRP/USDT futures signaling a potential pullback to $2 support after peaking near $3.30, driven by sustained bearish divergence. Source: Ali Martinez via X
A clean break above $2.55 could indicate a re-accumulation phase, while holding $2.40 support may lead to sideways trading in the short term. If that support breaks, eyes turn back to the $2.10 zone highlighted by Glassnode as a major accumulation level.
Traders Eye Post-Liquidity Sweep Rally
Data from Coinglass highlights a liquidity sweep that cleared lower support zones near $2 earlier this month. This move potentially sets the stage for a rebound, with liquidity clusters around $3.40 acting as the next major upside target if bullish momentum builds.
XRP has cleared its base, with the next major liquidity wall positioned near $3.40. Source: @Steph_iscrypto via X
A popular crypto analyst, Ali Martinez, pointed out on social media that “a pullback toward $2 could create a prime dip-buying opportunity before the next push higher.” His 12-hour chart on TradingView aligns with expectations of a short-term correction before resuming an upward trajectory seen during mid-2025 rallies.
XRP Price Forecast Points Toward Potential Breakout
Market structure remains cautiously bullish. Analysis from trader TurboBull21 identifies $2.32 as a pivotal support that previously preceded a breakout to all-time highs. A decisive bounce from this region could set the stage for a 31% climb toward $3.04 resistance. This aligns with optimistic forecasts tied to Ripple’s upcoming Swell 2025 conference, which involves industry giants like Nasdaq and BlackRock.
XRP has retested and held $2.32, aiming for a potential 31% rise toward $3.04, which must be reclaimed to confirm a higher high. Source: TurboBullCapital via X
With discussions around XRP ETF approval intensifying and altcoin momentum building, some analysts foresee XRP price prediction 2025 targets surpassing $3 by year-end—contingent on favorable regulatory signals and broader crypto market trends.
Market Outlook: Range-Bound or Breakout Ahead?
For now, XRP today remains range-bound. Traders are closely watching whether $2.40 support can absorb further institutional selling or if new inflows will drive a push above $2.55. The $2.10–$2.80 zone will likely continue to guide short-term sentiment.
XRP was trading at around $2.438, down 2.34% in the last 24 hours at press time. Source: XRP price via Brave New Coin
Should accumulation resume and ETF optimism grow, a breakout beyond $3 remains within reach. However, if selling pressure persists, XRP price forecast scenarios suggest a retest of lower supports before the next bullish leg.
The coming weeks could be decisive in shaping the trajectory of the XRP crypto price, with both whale behavior and regulatory narratives playing a critical role.