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October 13, 2025Finbold logoFinbold

XRP path to $3 in jeopardy as whale signals selling over $62 million

XRP’s attempt to sustain its ongoing recovery toward $3 is now in jeopardy, as its trajectory faces potential selling pressure following a massive on-chain ￰1￱ to data from Whale Alert on October 13, a total of 23,880,253 XRP (worth approximately $62.64 million) was transferred from an unknown wallet to the Binance exchange. 🚨 🚨 🚨 23,880,253 #XRP (62,640,879 USD) transferred from unknown wallet to #Binance ￰0￱ — Whale Alert (@whale_alert) October 13, 2025 Large transfers like this often indicate that whales may be preparing to sell, which can weigh on market sentiment and price ￰2￱ move comes as XRP trades around $2.50, following a sharp drop triggered by the broader market crash on October ￰3￱ sudden spike in exchange inflows raises caution that selling activity could increase in the near term, possibly leading to a loss of the $2.50 ￰4￱ gauge short-term performance, Finbold turned to OpenAI’s ChatGPT model, which projected that if profit-taking intensified, XRP could retreat toward $2.40 and $2.45, and sustained selling might push it down to $2.20.

Conversely, if market demand absorbs the selling pressure, XRP could consolidate before attempting another move toward the $3 resistance. XRP’s technical outlook Meanwhile, pseudonymous analyst Mikybull noted that XRP is still displaying one of the most bullish setups in the crypto market as it consolidates below a key Fibonacci resistance after a strong multi-month ￰5￱ price analysis chart.), a potential breakout zone that could pave the way toward $6.26 and even $21.7 in the long ￰6￱ chart also shows a bullish breakout from a multi-year downtrend, now retested as support around $1.38, suggesting a strong ￰7￱ momentum continues, XRP could be on the verge of a parabolic move, with Fibonacci projections pointing to triple-digit upside potential from current ￰8￱ price analysis At press time, XRP traded at $2.58, up 7% in the past 24 hours but still down 14% over the past ￰9￱ seven-day price chart.

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