XRP Near Exhaustion Zone After 34% Holder Drawdown. Could Macro Easing Pump Demand?

Traders are watching the $2.31–$2.35 enactment portion and $2.47 absorption for signs of marketplace direction.

Updated Oct 17, 2025, 6:13 a.m. Published Oct 17, 2025, 6:13 a.m.

What to know:

Heavy selling unit drives XRP 2% little earlier stabilization adjacent cardinal support. Institutional positioning and caller unfastened involvement suggest accumulation astatine existent levels.

News Background

• XRP extended its diminution done the October 16–17 session, sliding 2% from $2.41 to $2.36 amid ongoing organization liquidation. Market information amusement much than 150M successful regular measurement arsenic semipermanent holders trimmed positions by 34% implicit the past 2 weeks.
• The Hodler Net Position Change metric fell from 163.7M to 107.8M tokens — a wide motion of divestment rotation pursuing the mid-month volatility spike.
• Despite the drawdown, unfastened involvement rebounded to $1.36B arsenic derivative traders began rebuilding vulnerability aft the play washout.
• Market desks accidental the renewed enactment could people the commencement of tactical agelong positioning into quarter-end ETF speculation and macro easing signals.

Price Action Summary

• XRP traded betwixt $2.31 and $2.47 implicit the 24-hour window, a $0.16 set representing 7% intraday volatility.
• Selling intensified from 14:00–20:00 arsenic terms fell 8% intraday from $2.44 to $2.29 earlier recovering modestly into the U.S. close.
• High-volume reversals supra $2.31 confirmed beardown spot request and algorithmic buying into weakness.
• Resistance remains capped adjacent $2.47 wherever repeated rejection wicks awesome ongoing proviso pressure.
• The last hr (04:34–05:33) showed $2.35–$2.36 consolidation with 1.6M successful measurement spikes — emblematic of controlled re-accumulation phases pursuing forced unwinds.

Technical Analysis

• XRP’s terms operation is stabilizing wrong the $2.31–$2.47 channel, with the $2.35 pivot acting arsenic a short-term anchor. Volume clusters astir this portion bespeak organization accumulation contempt the broader risk-off tone.
• A cleanable reclaim of $2.47 would invalidate the near-term bearish setup and unfastened a way toward $2.55.
• Momentum indicators stay neutral-to-oversold, portion backing rates turned somewhat affirmative — a motion that short-covering has slowed. Analysts expect continued choppy consolidation until macro hazard recedes oregon ETF-related flows accelerate.

What Traders Are Watching

• $2.31–$2.35 enactment portion — basal defence levels signaling purchaser absorption.
• $2.47 absorption reclaim — archetypal confirmation trigger for reversal momentum.
• Open involvement and backing normalization — grounds of re-leveraging aft flush.
• ETF timeline and Fed commentary arsenic catalysts for Q4 crypto travel rotation.

Ripple Said to Lead $1B Fundraise to Bulk Up XRP Holdings Amid Fragile Market

The caller XRP-focused DAT would reflector the structures utilized by listed accumulators similar Michael Saylor’s Strategy Inc. and Japan’s Metaplanet, some of which person seen their shares descent amid broader hazard aversion.