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XRP price aims to exceed $1.53, whale positions remain unchanged

2026-10-05 03:28:57
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XRP prices aim to exceed US$1.53, and whale positions remain unchanged.

XRP has recently shown an unusually tight trading pattern, with prices fluctuating between US$1.48 and US$1.51, forming a clear symmetrical triangle on the 4-hour chart. Market analysts believe that such patterns are often potential precursors of large price movements, as current market volatility has dropped to significantly low levels.

Large investors stay on the sidelines

Typically, major holders (known in the industry as "whales") take action before assets like XRP experience significant fluctuations. However, online data currently shows very little activity: the total balance of XRP whales hovers around 3.9 billion coins, and there is no sign of increasing or reducing its holdings in the near future. The standoff has prompted traders to question: Does the lack of movement indicate that lead holders are playing caution, or is it just a patient strategy as the market waits for new news?

In the past few months, analysts have reported significant accumulation behavior in these large wallets, with holdings ranging from hundreds of millions to a billion XRPs. Therefore, the current silence may be due more to fear than to prudent planning in response to the key catalysts that are coming.

Key technology bits and potential scenarios

Technical analysis points out that the resistance range is between $1.52 and $1.54, with $1.53 being considered a particularly critical level. If the price of XRP closes above $1.53 within a 4-hour time frame, a triangular breakthrough will be completed, which could trigger short covering activity and push the price towards $1.62 or even $1.70. Conversely, if this ceiling is not exceeded, prices may retest support near $1.46 and maintain the current trading range for the foreseeable future.

Resistance/Support Impact after breakthrough US$1.53 (Resistance) Potential breakthrough, target at US$1.62 - 1.70 US$1.46 (support) Shorts may regain control and face the risk of a deeper decline

The price compression of XRP echoes stagnation among major holders. These large holders, who control 3.9 billion coins, suspended trading activities after months of accumulation. If the price can effectively break through US$1.53, it may trigger accelerated buying and strong upward momentum; if it is rejected, the price may fall back to around US$1.46.

Upcoming events may affect price movements

In addition to technical forms, a number of fundamental developments may also affect the prospects of XRP. U.S. -listed spot XRP exchange-traded funds (ETFs) continue to receive capital inflows, with net investments into these products reaching approximately US$1.7 to US$1.8 billion. This supports current price levels by absorbing available supply and helping to limit downside volatility.

In addition, investment management company Evernorth is preparing to list its XRPN products on Nasdaq on October 8. The fund holds hundreds of millions of XRPs in the treasury, creating a potential entry point for traditional institutional investors seeking to access cryptocurrencies.

On the technical level, a major update is scheduled to be launched in early October. The BatchV1_1 upgrade, expected to be launched on October 8 - 9, will enable atomic clearing for Asian banking partners and support the new XRP Asia initiative.

Small Dictionary: Atomic Settlement , a financial technology process that allows simultaneous and immediate transfers of assets between parties, thereby reducing settlement risk. In the context of cross-border payments, atomic settlement can improve the efficiency of banks and payment providers by automating and securing transactions and eliminating counterparty risks.

Under these conditions, the XRP market balances technical factors and major institutional trends. As price movements and new developments converge, significant fluctuations are likely to occur in the coming weeks.

Disclaimer:

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