XRP price jumped 7% after whale cohorts added ~300 million XRP at $2.80–$2.82, creating a strong support band and triggering a supply squeeze. This accumulation reinforces the $2.80 dip-buy zone and puts resistance at $3.50–$3.60 in focus for potential Q4 momentum.
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Whales added ~300M XRP at $2.80–$2.82, creating dense support.
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Immediate resistance sits at $3.50–$3.60; a clean breakout is required for sustained upside.
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On-chain data shows ~2 billion XRP in the $2.80 cluster; historical patterns suggest springboard potential.
XRP price shows whale-led accumulation at $2.80 support, sparking a 7% pop—track resistance at $3.50; read the full analysis. (COINOTAG)
What caused the XRP price pop today?
XRP price rose 7% after large whale cohorts (100M–1B holders) added roughly 300 million XRP inside the $2.80–$2.82 band, creating a dense supply cluster. On-chain accumulation at that band triggered a short-lived supply squeeze that pushed price toward near-term resistance at $3.50–$3.60.
How strong is the $2.80 support band?
On-chain heatmaps show nearly 2 billion XRP concentrated in the $2.80–$2.82 range, making this the densest cost-basis zone. That concentration acts as a structural support level and a logical dip-buy region for institutional and retail HODLers. Data source mentions: Santiment (on-chain heatmaps), TradingView (price levels).
Table: Q3 ROI comparison (top altcoins)
| Asset | Q3 ROI |
|---|---|
| XRP | 27% |
| DOGE | 41% |
| ETH | Data shows larger swings; key support tested |
Why are whales stacking XRP now?
Whales appear to be positioning ahead of potential Q4 momentum. Strategic accumulation at $2.80 reduces average cost and increases the probability of a supply-controlled breakout. On-chain signals show the biggest cohort’s holdings rose to ~9.48 billion XRP after the October buys, indicating conviction among smart-money participants.
What resistance levels matter next?
Key resistance sits at $3.50–$3.60. A clean break above that band, confirmed on higher timeframes, would validate the bullish setup and likely attract momentum traders. If price fails there, consolidation between $2.80 and $3.50 is the most probable near-term outcome.
Source: Santiment
Meanwhile, XRP’s price action on daily charts demonstrates repeated validation of $2.80 as support, which historically preceded breakout runs in risk-on markets. September’s volatility left XRP with the lowest Q3 ROI among top altcoins (27%), but large-cohort accumulation suggests participants are positioning for a potential comeback.
Source: TradingView (XRP/USDT)
Frequently Asked Questions
Is the XRP rally driven by retail or whales?
On-chain cohort data points to whale-led accumulation in the 100M–1B cohort, which added ~300M XRP at $2.80–$2.82. This smart-money move created a dense support band that likely amplified the 7% rally.
When will XRP retest resistance at $3.50?
Short-term price action suggests the $3.50–$3.60 band is the next major test. If buying volume sustains above $3.50 on daily closes, the market is more likely to pursue higher targets in Q4.
Key Takeaways
- Whale accumulation: ~300M added at $2.80–$2.82, strengthening support.
- Critical resistance: $3.50–$3.60—needed for sustained momentum.
- Actionable insight: Monitor cohort holdings and daily close above $3.50; consider risk management around $2.80 support.
Conclusion
COINOTAG’s on-chain review shows the XRP price pop is data-driven: large-cohort accumulation at $2.80 created a dense support cluster that triggered a 7% supply squeeze. XRP price must clear $3.50–$3.60 on higher timeframes to extend the rally. Track whale flows and volume for confirmation and adjust positions with clear stop levels.
