XRP has fallen to $2.40, marking a drop of 5.5% over the past seven days. The token continues to seek a stable support level after persistent selling pressure and large deposits to exchanges. Despite the decline, Ali, a crypto analyst, noted on his X account a renewed interest from whales, with roughly 30 million XRP accumulated within the last 24 hours.
30 million $XRP accumulated by whales in the last 24 hours! pic.twitter.com/wNt61lgwWI
— Ali (@ali_charts) October 21, 2025
XRP Expected to Lead Altcoin Breakout
This buying follows several weeks of heavy selling in October, when large holders reduced their exposure and contributed to the extended downtrend. While the new accumulation has not yet lifted market prices, it indicates a cautious re-entry by major investors, who are waiting for favorable price levels.
In addition to this sentiment, analyst Amonyx believes the market is entering a major turning point for altcoins. His chart highlights recurring exponential growth cycles across 2013, 2017, and 2021, each following a major consolidation. The current setup, marked by the “We’re Here” caption, mirrors previous pre-bull phases that preceded 95x to 155x rallies.
Buy now or cry later. $XRP pic.twitter.com/oKVzMHf49p
— Amonyx (@amonbuy) October 21, 2025
Amonyx projects a possible 195x surge in 2025 as liquidity rotates from Bitcoin into altcoins, like XRP, consistent with historic post-halving trends. A 195x surge could potentially lift XRP’s price from $2.40 to a jaw-dropping target of $468, marking a new all-time high (ATH) for the token.
With institutional capital, DeFi expansion, and renewed investor confidence aligning, he sees 2025 as a pivotal year that could redefine the entire altcoin landscape. Given his optimism, Amonyx urged investors to “buy XRP now or cry later.”
Lingering Effects from the October 10 Sell-Off
Meanwhile, the latest dip began on October 10 following trade tensions between the U.S. and China. This event led to a broader market downturn with large investors depositing 43 million XRP on Binance. That activity contributed in sending XRP’s price to $1.52.
While XRP has rebounded from this low and currently trades around $2.40, the October 10 downturn dampened investors’ confidence. Analysts noted that the decline impacted XRP’s recovery momentum, leaving it lagging behind other top assets, including Bitcoin and Ethereum.
Since then, XRP has faced reduced retail participation, with broader altcoin sentiment remaining subdued. However, recent buying activity signals that accumulation behavior may be forming again.
Analysts Eye Technical Breakout Structure
Market analyst CryptoKaleo observed that XRP recently broke above its long-term descending resistance line. He compared the move to the 2017 breakout pattern that preceded XRP’s historic surge toward $3.50. The analysis suggests a regained structural momentum, although the market has yet to confirm follow-through strength.
Call me crazy, but I think $XRP sends from here. https://t.co/rHdHRmTb8m
— K A L E O (@CryptoKaleo) October 21, 2025
On lower timeframes, XRP has confirmed a small breakout near $2.48 after multiple attempts. The next resistance lies at $2.60, with support around $2.42. Analysts note that sustained trading above $2.60 could lead to moves toward $2.85 and $3.00, while a drop below $2.40 might invite a retest near $2.25.
Evans Kelvin
Brenda Kanana
