XRP’s push toward $2.50 has derailed as the token tanked in the past 24 hours amid notable whale transactions exceeding $1 billion.
At press time, XRP was trading at $2.46, down about 2.8% over the past day. On the weekly chart, however, the asset has still gained 8.5%. This downturn coincides with a broader short-term cryptocurrency market pullback.
Regarding the whale activity, XRP witnessed two major transfers. The first involved 200 million tokens (worth approximately $511 million) being moved from Ripple to an unknown wallet, followed shortly by another 198 million XRP ($501 million) transferred between two unidentified addresses, according to insights from Whale Alert on November 11.
The timing and scale of these transactions are of particular interest, as the market watches for signs of large-scale selling or strategic redistribution.
Historically, similar Ripple-to-unknown wallet movements have often preceded periods of mild price pressure, as such transfers can indicate preparations for institutional sales, liquidity operations, or partner distributions.
However, since the second transaction occurred between two unknown wallets rather than to an exchange, it may represent internal custodial reshuffling rather than immediate market selling, suggesting a more neutral to slightly bearish tone in the short term.
XRP price prediction
Regarding the potential long-term impact, Finbold sought insight from OpenAI’s ChatGPT. The model noted that the sheer size of these transfers could still inject uncertainty into XRP’s near-term outlook.
If the moved tokens remain off exchanges, selling pressure may stay limited, allowing XRP to stabilize above key support around $2.40. However, a confirmed move of these funds to exchange wallets could push the token lower, potentially testing the $2.20–$2.25 range.
In the coming days, ChatGPT noted that XRP’s trajectory will likely depend on broader crypto market sentiment, particularly Bitcoin’s (BTC) ability to sustain its recent rally.
In the short term, the AI projected a mildly bearish to neutral outlook, with prices fluctuating between $2.30 and $2.45. Over the next one to two weeks, XRP could recover toward $2.60 if selling remains contained. Looking further ahead, assuming the ongoing bull cycle continues and Ripple avoids large sell-offs, XRP could climb toward $3.50 to $4.20 by the end of 2025.
XRP price technical outlook
Beyond the possible impact of whale transactions, technical insights shared by cryptocurrency analyst Ali Martinez have also highlighted what to expect for the asset.
In an X post on November 10, the analyst said XRP could be setting up for a major move if current levels hold. He noted that XRP may retrace to $1.90, forming what appears to be a higher low, a structure often seen before strong upward momentum resumes.
From there, the analyst outlined a potential rally path that could propel XRP toward $3.70 in the short term, before extending gains to $6.00, marking more than 160% upside from current levels.
If this scenario plays out, XRP’s current correction phase could present a solid accumulation opportunity for bullish traders betting on the continuation of the broader crypto market uptrend into 2026.
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