Whales bought 140M XRP as worth nears $2.69 resistance. With overbought alerts flashing, draw back dangers are constructing for XRP bulls.
Ripple’s XRP is buying and selling round $2.62 on the time of writing, after climbing from a seven-day low of $2.34. The token is up 8% over the previous week, although over the previous 24 hours it reveals little change, in keeping with CoinGecko.
Market knowledge now suggests that enormous holders could also be stepping again after the newest rally.
Giant Holders Cut back Publicity
Wallets holding between 1 million and 10 million XRP have reportedly bought over 140 million tokens. This exercise came about as costs climbed, elevating questions in regards to the sustainability of the transfer.
The decline in whale holdings was shared by analyst Ali Martinez, who famous a gradual drop in giant pockets balances as XRP pushed greater. This shift in positioning has raised issues, as related patterns have occurred earlier than worth reversals. The publish learn,
$XRP is up 13% up to now few days, however whales appear to be taking income, offloading over 140 million tokens! pic.twitter.com/xDctWB3gDi
— Ali (@ali_charts) October 28, 2025
Furthermore, the TD Sequential indicator has flashed a promote sign on XRP’s day by day chart, as reported by CryptoPotato. A number of short-term reversals have adopted this device up to now few months. Whereas this sign doesn’t affirm a reversal by itself, its previous efficiency suggests it may very well be a warning for bulls.
XRP Close to Resistance, Momentum Weakens
XRP is now testing the higher Bollinger Band close to $2.69. The worth has moved off the decrease band earlier this month and is approaching a zone the place earlier strikes have paused or reversed. The bands stay tight, suggesting an absence of robust volatility growth.
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In the meantime, the Stochastic RSI is exhibiting overbought readings. Each %Ok and %D are above 94, and a bearish crossover is forming. This setup has usually marked short-term turning factors in current charts.
Key Ranges Nonetheless in Play
Analyst Man of Bitcoin has marked $2.53 as a stage to observe. A break under this space could point out {that a} bigger corrective transfer is forming.
As not too long ago reported by CryptoPotato, XRP continues to be monitoring inside a doable Wave 4 construction. The evaluation famous that until $2.82 is cleared, there should be yet one more transfer down earlier than a broader breakout try.
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