XRP’s price has declined by 2.67% in the past 24 hours, dropping to $2.83, pushing its weekly loss to about 7.5%. Despite this pullback, Ripple 
$1‘s token has maintained an upward trend by gaining more than 30% over the past three months.
Whales Exercise Patience
The first signal comes from exchange inflow value bands, which measure how much XRP from various transaction sizes flows into exchange wallets. High inflows indicate whales preparing to sell, while a decline suggests they are refraining from selling. Since August 26, there has been a marked slowdown in substantial inflows on Binance. Transactions between 100,000 to 1 million XRP have dropped by 95%, falling from 45.6 million XRP to 2.1 million XRP. Similarly, inflows over 1 million XRP have decreased by 93%.
This sharp decline indicates that whales are no longer transferring large amounts of XRP to exchanges, alleviating market selling pressure. The patience of whales strengthens the foundational support for XRP’s price. While smaller investors may exhibit urgency to sell, larger investors waiting on the sidelines usually signals potential recovery.
Buyer-Seller Ratio Indicates Market Bottom Signal
Besides whale behavior, the buyer-seller ratio provides significant insight. This ratio shows whether buyers or sellers dominate the market. Values over 1 point to buying pressure, while values below indicate selling pressure. Currently standing at 0.90, it suggests stronger selling pressure. Although this initially appears bearish, this metric is often influenced by swiftly deciding retail investors. The slowdown in whale selling may mean the lower measure results from individual selling pressure.
Looking back at August, every time this ratio fell below 1, XRP saw local bottoms. For example, on August 2, the ratio dropped to 0.88 and XRP subsequently increased by nearly 20% in the following weeks. A similar recovery sign was evident with the dip on August 19. The current level now closely mirrors these historical levels.
XRP Price Forecast
Technical charts reinforce this outlook. The Relative Strength Index (RSI) offers a bullish divergence as it rises, despite XRP’s price forming a lower low between August 19 and 29. This positive divergence weakens downward momentum, enhancing the likelihood of recovery.
The first level to watch for XRP’s price target is $2.84. A daily close above this level could propel the price towards $2.95 and subsequently the psychological threshold of $3. A decisive break above $3.33 would confirm a full upward trend reversal and open the door to broader bullish expectations.
