XRP PRICE OUTLOOK: Mega Whales Accumulate $3.15 Billion Ahead of Critical Breakout!

XRP enters November at a pivotal point, with conflicting signals from large investors and technical charts. Despite aggressive selling by smaller holders, massive whale accumulation is setting the stage for a potential high-magnitude move.

I. The Key Technical Pattern & Accumulation Signal

The forecast for XRP hinges on its price movement within a consolidating structure, balanced by unique on-chain activity: Current Price Range: XRP is consolidating within a symmetrical triangle pattern on the 2-day chart. A strong support base has formed around the $2.60–$2.63 range.Whale Accumulation: Mega whales (wallets holding 100 million–1 billion XRP) have shown strong conviction by accumulating 1.27 billion XRP since mid-October, valued at approximately $3.15 billion. This is counteracting the short-term selling pressure.

II. The Technical Requirement and Projected Path

The price path for XRP is defined by a major supply wall that must be cleared to initiate a sustained rally: Critical Resistance Level: The strongest supply wall, identified by the cost-basis heatmap, lies between $2.80 and $2.82. This area houses approximately 1.88 billion XRP and represents the critical resistance that must be broken.Long-Term Bullish Target: A sustained breakout above $2.81 would confirm the bullish case and could propel the price toward long-term targets of $3.10 and potentially $3.66.

III. Conclusion: Whale Conviction vs. Supply Wall

The potential for a major XRP rally in November is dependent on the following combination: The Mega Whale accumulation must successfully offset the accelerated selling pressure from smaller holders. The resulting buying power must then be sufficient to decisively break the $2.81 resistance wall, which would clear the path for a move toward the predicted $3.66 long-term bullish target.

Disclaimer

This analysis is for informational purposes only and is based on third-party on-chain and technical data, including analyst commentary. The views expressed herein do not constitute financial, investment, or trading advice. The cryptocurrency market is highly volatile and speculative. Readers must conduct their own thorough research and consult with a qualified financial advisor before making any investment decisions.