XRP breakout is forming as a bullish falling wedge nears its apex, with key resistance flipped to support and high 0 a $300M whale selloff, on‑chain metrics and Fed rate cut odds support upside toward $3.65 if momentum 1 is building a bullish wedge and reclaiming resistance levels as 2 wallets holding 100K–1M XRP sold over $300M in 10 days, the lowest balance in 34 3 price a 96.2% chance of a Fed rate cut on Oct 29, which historically supports risk assets like 4 breakout: concise analysis of whale selloff, wedge setup, and Fed-driven catalysts — read latest signals and key levels to 5 whales dump $300M as price builds a bullish 6 XRP trigger a breakout to $3.65.
XRP is forming a bullish wedge and flipping key resistance levels into 7 wallets holding 100K–1M XRP dumped over $300M in 10 days, reaching the lowest holdings in nearly three 8 assign a 96.2% probability of a Fed rate cut on Oct 29, setting the stage for potential gains to assets like 9 has been steady under $3.20 for over 300 days , showing strong signs of a 10 a $300 million whale selloff, the coin gained nearly 10% last week, trading at $3.07 with high 11 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 12 trading volume and macro catalysts like an anticipated Fed rate cut are increasing the probability of an upward 13 have technical patterns and volume contributed?
Weekly chart structure shows a classic bullish falling wedge, with decreasing lows compressing toward the 14 has expanded on recent upward moves, indicating buyer 15 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 16 distribution coincided with price strength, suggesting mid‑tier whales were taking profits into demand rather than forcing a sustained 17 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 18 — 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 19 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 20 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 21 risks should traders monitor? Key risks include renewed whale selling, failure to hold $3.65 after a breakout, and macro surprises from central bank 22 liquidity near resistance and rapid profit‑taking can trigger volatility; traders should use risk management and monitor on‑chain whale balance 23 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 24 confirmed closes above $3.20 and sustained support at $2.50–$2.70 for 25 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 26 Takeaways Bullish pattern: Falling wedge near apex suggests breakout 27 activity: $300M sold by mid‑tier wallets — distribution into 28 catalyst: High probability of a Fed rate cut could lift XRP and 29 XRP breakout prospects hinge on technical validation and macro 30 falling wedge, flipped support zones, and favorable Fed rate expectations create a plausible path toward $3.65 and 31 should watch volume, whale balances, and confirmed closes above $3.20 before increasing 32 continued coverage, follow COINOTAG reporting and on‑chain analysis 33 Steph Is Crypto On‑chain analytics referenced: Santiment; commentary and charting by cryptoWZRD_; market probabilities from CME Group data. , "description": "XRP forms a bullish wedge as mid‑tier whales sold $300M; Fed rate cut odds and on‑chain signals shape breakout prospects toward $3.65."
Story Tags

Latest news and analysis from CoinOtag