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XRP Could Break $3.65 as Whales Dump $300M, Wedge Nears Apex and Fed Cut Bets Rise

XRP Could Break $3.65 as Whales Dump $300M, Wedge Nears Apex and Fed Cut Bets Rise

Coinotag2025/10/03 16:00
By: Sheila Belson
XRP+0.51%RLY0.00%

  • XRP is building a bullish wedge and reclaiming resistance levels as support.

  • Whale wallets holding 100K–1M XRP sold over $300M in 10 days, the lowest balance in 34 months.

  • Markets price a 96.2% chance of a Fed rate cut on Oct 29, which historically supports risk assets like XRP.

XRP breakout: concise analysis of whale selloff, wedge setup, and Fed-driven catalysts — read latest signals and key levels to watch.

XRP whales dump $300M as price builds a bullish wedge. Can XRP trigger a breakout to $3.65.

  • XRP is forming a bullish wedge and flipping key resistance levels into support.
  • Whale wallets holding 100K–1M XRP dumped over $300M in 10 days, reaching the lowest holdings in nearly three years.
  • Markets assign a 96.2% probability of a Fed rate cut on Oct 29, setting the stage for potential gains to assets like XRP.

XRP has been steady under $3.20 for over 300 days, showing strong signs of a breakout. Despite a $300 million whale selloff, the coin gained nearly 10% last week, trading at $3.07 with high volume.

What is driving the XRP breakout setup?

The XRP breakout setup is driven by a weekly falling wedge pattern, flipped support zones near $2.50–$2.70, and consolidation below the all‑time high. High trading volume and macro catalysts like an anticipated Fed rate cut are increasing the probability of an upward breakout.

How have technical patterns and volume contributed?

Weekly chart structure shows a classic bullish falling wedge, with decreasing lows compressing toward the apex. Volume has expanded on recent upward moves, indicating buyer interest. Key levels to watch: support at $1.70 and $2.50–$2.70, resistance near $3.20 and $3.65.

How did the whale exodus affect XRP price dynamics?

On‑chain data from Santiment indicates wallets holding 100K–1M XRP sold over $300 million in 10 days, taking holdings to a 34‑month low. This distribution coincided with price strength, suggesting mid‑tier whales were taking profits into demand rather than forcing a sustained downtrend.

⚠️ EXPLOSIVE XRP BREAKOUT 🤩

The longer it consolidates, the bigger the expansion…

🚨 For over 300 Days $XRP has been trading just below its previous all time high holding its incredible gain, only a matter of time until $3.65 breaks… 🚀

$4.50 is inevitable 🧘🏻 pic.twitter.com/tPMrtL3Esw

— CRYPTOWZRD (@cryptoWZRD_) October 4, 2025

XRP has flipped resistance zones into support, particularly around the $2.50–$2.70 range, and the wedge is nearing its apex. A lower zone near $1.70 has also held firm, reinforcing a bullish structure that could push XRP past the prior peak near $3.20 from January 2018.

This trajectory places an initial breakout target near $3.65. If that level holds as new support, technical projections indicate a run toward $4.50, with larger rallies possible if momentum and liquidity remain strong.

Why does the macro outlook (Fed policy) matter for XRP?

Markets are pricing a 96.2% probability of a Fed rate cut on Oct 29, according to CME data. Historically, lower interest rates reduce the opportunity cost of risk assets and can boost demand for cryptocurrencies. A confirmed cut would likely support broader altcoin gains, including XRP.

What risks should traders monitor?

Key risks include renewed whale selling, failure to hold $3.65 after a breakout, and macro surprises from central bank communications. Reduced liquidity near resistance and rapid profit‑taking can trigger volatility; traders should use risk management and monitor on‑chain whale balance trends.

Frequently Asked Questions

Can XRP reach $3.65 this month?

XRP can reach $3.65 if the wedge breakout occurs with supporting volume and the Fed reduces rates as expected. Monitor confirmed closes above $3.20 and sustained support at $2.50–$2.70 for validation.

Did whales actually sell $300M of XRP?

On‑chain metrics indicate that wallets holding 100K–1M XRP sold over $300 million in a 10‑day span, representing the lowest holding level for that cohort in 34 months, according to Santiment and blockchain analytics cited by market observers.

Key Takeaways

  • Bullish pattern: Falling wedge near apex suggests breakout potential.
  • Whale activity: $300M sold by mid‑tier wallets — distribution into demand.
  • Macro catalyst: High probability of a Fed rate cut could lift XRP and altcoins.

Conclusion

XRP breakout prospects hinge on technical validation and macro catalysts. The falling wedge, flipped support zones, and favorable Fed rate expectations create a plausible path toward $3.65 and beyond. Traders should watch volume, whale balances, and confirmed closes above $3.20 before increasing exposure. For continued coverage, follow COINOTAG reporting and on‑chain analysis updates.

                                  Source Steph Is Crypto

On‑chain analytics referenced: Santiment; commentary and charting by cryptoWZRD_; market probabilities from CME Group data.

XRP Could Break $3.65 as Whales Dump $300M, Wedge Nears Apex and Fed Cut Bets Rise image 0






In Case You Missed It: XRP Technical Patterns Signal Possible Rally Amid Prospect of SEC Spot ETF Approval
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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