The XRP price has shown signs of stabilization after facing significant selling pressure in the first half of October. According to insights from CryptoQuant, large whale deposits were observed from October 1 to October 17, peaking on October 11 with over 43,000 Whale-to-Exchange Transactions. This activity indicates that whales have potentially secured their profits.
During the period of increased inflows, the XRP price chart data experienced a decline, dropping from above $3 to nearly $2.40. However, since October 17, the large transfers have subsided, suggesting that whales may have completed their selling phase. This shift coincides with a calmer market tone, where institutions are now absorbing retail-driven panic selling, helping XRP price maintain a steady footing above $2.20.
Recent metrics from Santiment suggest that retail traders have been spooked by recent events, leading to crowd selling at a loss in the XRP crypto market. Despite this, institutional players are quietly accumulating, indicating a potential market reversal where stronger hands absorb weak-hand selling pressure.
Interestingly, just 10 days after the XRP price dropped below $1.90 and three days after rebounding to $2.20, it managed to rise above $2.40 once again. This rapid recovery suggests that selling pressure may be waning, with potential bullish momentum ahead as smart money absorbs panic-selling assets.
From a technical standpoint, a symmetrical triangle pattern is developing on the daily chart, with a crucial trading range between $1.90 and $3.66. If a bullish catalyst emerges, the XRP price prediction indicates a potential retest of the $3.66 level before year-end.
In a stronger scenario, the token could challenge a new all-time high near $5 as momentum builds into early 2026. While consolidation remains the near-term trend, the combination of declining whale sell-offs and ongoing institutional interest paints a structurally bullish picture for the months ahead.
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