• XRP bouncing off the $2.70 assist, however on-chain information exhibits weak demand and rising trade reserves.
• The whale travels in Spark Spark discussions on the 50m XRP, whereas X misinformation clouds the story.
• The October SEC ruling on six XRP ETFs could outline the following main transfer in XRP pricing.

XRP is pulled again from the $2.70 assist zone because the week begins, buying and selling 2.90, the place merchants take a look at the road between reduction and conviction. The transfer comes at a second when the October spot ETF resolution is already rising emotional, however the underlying information in demand speaks extra difficult.

Misinformation promotes confusion concerning whale exercise

The X Publish’s surge claimed that XRP whales have been shopping for at a record-breaking tempo. The story shortly unfold, drawing over 180,000 views in a day. Nevertheless, the exams dismember the claims.

The cited information was born from previous evaluation of Bitcoin Zilla’s exercise reasonably than from new XRP flows. This confusion exhibits how simply the keenness of the XRP neighborhood may be redirected by a recycled chart, and the way susceptible the present bullish narrative is.

On-chain information exhibits weak demand

Cryptoquant Present Contemporary figures from XRP reserves have risen to over 3.5 billion tokens. That is necessary as a result of rising reserves normally point out weak demand. Relatively than transferring for custody, extra provides are left in exchanges.

For instance, between July twentieth and September 2nd, 2025, XRP trade reserves skyrocketed from 29.8 billion to round 3.54 billion, whereas the worth of the belongings fell from $3.55 to $2.86.

On the similar time, withdrawal from the trade collapsed, dropping from the height of two.2 million transactions final 12 months to beneath 500, the newest.

The collapse of that spill displays the identical actuality that purchasing urge for food has been cooled, with extra XRP remaining within the liquid provide and fewer within the long-term arms.

The whale continues to be transferring, however the sign is blended

Over the previous 24 hours, a 17.5 million XRP whales have been recorded from Kraken to an unknown deal with. Final week, it accrued over $50 million in XRP, surpassing $150 million in its ongoing market corrections.

Demand for XRP is anticipated to develop quickly within the coming months, significantly after approval of a number of SPOTETF merchandise within the US. In the meantime, the Rex-Sosprey XRP ETF has grown to over $66 million beneath administration since its launch on September 18, 2025.

Interim expectations for XRP costs

XRP ETF launch offers a brand new background

Historic information exhibits that XRP has recorded bearish leads to October since 2013 than Bullish. Whereas the approval of the SPOT XRP ETF in October may change XRP efficiency, Crypto analyst Benjamin Cowen warned that the Altcoin market may bleed to Bitcoin earlier than the final word parabolic rally in November and December.

What does the XRP chart reveal?

The chart construction continues to be outlined by a downward triangle boxed from its July report excessive to over $3.65.

Following the current cryptocurrency drop attributable to a 25 Fed fee lower, XRP costs have fallen in the direction of the decrease boundary of the triangular integration.

So Crypto analyst Ali Martinez factors out that if it holds a assist degree of round $2.7, XRP costs are appropriate for gatherings in the direction of $3.2 within the close to future.

Associated: XRP liquid stake expands whereas critics warn of yield dangers