XRP Primed for Major Trend Shift: Whales Accumulate as $4 Price Target Comes Into Focus

XRP whales are making waves again—and this time they're betting big on a paradigm shift.

The Accumulation Game

While traditional finance analysts debate quarterly earnings, crypto's big players are quietly building positions. Whale wallets holding substantial XRP amounts have increased their stakes significantly over the past month, signaling confidence in an impending breakout.

Technical Breakout Imminent

Chart patterns suggest XRP is coiling for a major move. The cryptocurrency has been trading in a tightening range, with key resistance levels showing signs of weakening. Technical analysts point to historical precedents where similar consolidation periods preceded explosive price movements.

The $4 Question

Market observers note that the path to $4 becomes clearer with each passing day of accumulation. The target represents a substantial upside from current levels, but aligns with previous cycle performance when XRP captured market momentum.

Of course, in crypto-land, 'imminent' could mean tomorrow or three fiscal quarters from now—but when Wall Street's still trying to figure out blockchain basics, digital assets keep rewriting the rules.

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Technical charts point to a symmetrical triangle pattern forming on the daily timeframe, often a signal of consolidation before a decisive move. For XRP, the setup suggests a potential upward breakout if bulls can force a close above $3. Analysts say that could open the path toward $4.08, which represents a 42% rally from current levels.

‘A Double Bottom Near $2.70’ Supports XRP’s Bullish Case

Analyst CasiTrades highlighted a key formation on the four-hour chart, noting that XRP carved out a “massive wick down to a double bottom NEAR $2.70.” She stressed that the level must hold for the bullish case to stay intact.

“A double bottom like this still fits within a valid Wave 2 count, as long as the price holds above $2.70,” she said in a post on X.

Her upside targets include $4.00 and $4.40, based on Fibonacci extensions. On the downside, failure to defend $2.70 could expose support at $2.58.

Whale Accumulation Builds Floor for XRP’s Price

On-chain data supports the bullish view. Santiment’s Supply Distribution metric shows that wallets holding between 1 million and 10 million XRP added another 30 million tokens between Monday and Tuesday, bringing their total to 6.77 billion XRP. This equals 11% of the circulating supply.

In other words, whales were not dumping during the sell-off, they were buying the dip. This accumulation reduces selling pressure, creates a potential price floor, and often draws retail traders into the rally.

Glassnode data confirms the trend. XRP’s net holder position change has been strongly positive since Aug. 22 after a wave of profit-taking earlier in the summer. Much of that new buying clustered in the $2.70–$3.00 range, signaling confidence that these levels are long-term support zones.

Analysts See $4 and Beyond if Breakout Confirms

The broader analyst community remains upbeat. CryptoBull said XRP could even push to $5 in October if a bull flag pattern plays out cleanly. Others see $3.40 and $3.66 as critical resistance levels to clear before a bigger run.

“The market is preparing for a major trend shift,” said CasiTrades, pointing to the combination of whale accumulation, supportive technicals, and resilient price action.

At the time of writing, XRP is sitting at $2.8845.