XRP Price: Another Drop or a Rebound? Here’s What the Data Shows

TLDR XRP traded near $1.29 on Monday and is down about 17% over the past month. Wallets holding 10 million to 100 million XRP fell from 351 to 339, and exchange balances rose by about 47 million tokens. Analyst Ali Martinez says a sustained break below $1.26 could open the way to $1.11 and $0.98. U.S. spot XRP ETFs recorded no net flows on October 23. The XRP Ledger hit a record 8.24 million non-empty wallets, and Ripple’s Swell conference starts October 27. XRP traded near $1.29 on Monday as shrinking whale wallets and rising exchange balances renewed worries about another sell-off. The token is down about 17% over the past month. Santiment data shows wallets holding 10 million to 100 million XRP fell from 351 to 339.

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