After a recent dip, XRP whales are showing renewed interest in the asset, fueling optimism about its long-term performance. Recent data from on-chain analytics platform Santiment shows that significant wallets holding over 100 million XRP increased their positions following the October 11th price drop. This suggests institutional investors view the correction as temporary and believe it presents a buying opportunity. XRP is currently trading between $2.30 to $3.10, although a breakout above $3.10 could push prices towards $3.60. The token’s performance remains relatively stable despite significant volatility in the broader crypto market, with sustained whale activity providing a stabilizing effect.
However, XRP remains volatile as some traders continue reducing their risk. Many experts believe that increased trading volume will be needed before any decisive price movement emerges. With Bitcoin holding above $108,000, this stable environment could further boost Ripple’s token and encourage broader market expansion. 1. Institutional sentiment surrounding XRP has improved with anticipation for potential ETF-related developments before year-end.
Overall, XRP holds a cautiously optimistic outlook as traders await higher trading volume and consistent price closes above key resistance levels. The continued consolidation reflects a sense of cautious optimism as the market shifts towards the final quarter of 2025.