XRP price prediction: Can XRP recover to $1.50 after October’s decline?

XRP price has struggled to recover above $1.32 on October 23 despite renewed ETF inflows and record wallet growth, as selling pressure continues to weigh on the cryptocurrency following its October decline.

According to crypto.news market data, the token traded around $1.32 at the time of writing, with its market capitalization near $83.18 billion and daily trading volume of approximately $1.39 billion in the earlier market snapshot. The weakness comes as Bitcoin and Ethereum face selling pressure, leaving XRP struggling to reclaim the $1.40 level.

Why is XRP price down today?

XRP’s latest decline follows another unsuccessful attempt to recover above $1.40, with the cryptocurrency losing approximately 18% over the past month. Traders have remained cautious following its retreat from October highs near $1.60, while activity among large holders has raised concerns about potential exchange-side selling.

CryptoQuant analyst Darkfost reported that the monthly average value of large XRP deposits to Binance reached $112.4 million, its highest reading since March. As crypto.news reported on whale deposits, the metric covers transfers involving more than one million XRP, although deposits do not necessarily mean the assets were sold.

Another development in XRP news concerns the XRP Ledger’s fixCleanup3_4_0 amendment, which failed to maintain the validator support required for activation on its anticipated schedule. The network requires more than 80% validator approval for two consecutive weeks before an amendment can activate.

The maintenance proposal addresses transaction behavior across several ledger features. Its delay does not establish a direct connection to XRP’s price decline, although it adds another unresolved development for market participants following the network.

XRP ETF inflows recover as exchange withdrawals reach 5.3B tokens

Despite the price weakness, U.S. spot XRP ETFs reportedly attracted $3.55 million on October 22, according to SoSoValue’s fund data. Franklin Templeton’s XRPZ accounted for the day’s reported net inflows, extending the recovery to two consecutive sessions.

On October 21, the funds recorded approximately $708,520 in net inflows. Franklin attracted roughly $2.25 million, while Bitwise experienced approximately $1.55 million in withdrawals, indicating that demand remained uneven across issuers.

The improvement followed a difficult week in which XRP ETF outflows totaled approximately $1.84 million, ending a 13-week inflow streak. Cumulative inflows remained around $1.7 billion to $1.8 billion, leaving the latest daily purchases relatively modest.

Meanwhile, CryptoQuant analyst Arab Chain reported substantial exchange withdrawals, estimating that approximately 5.3 billion XRP left centralized platforms over 30 days. Binance accounted for 2.206 billion XRP, followed by OKX at 501.51 million and Bybit at 479.94 million.

Such withdrawals may involve transfers into private wallets or other custodial accounts. They do not independently establish fresh buying demand, particularly while large holders continue depositing tokens onto exchanges.

XRP Ledger wallets hit record 8.24 million

Blockchain analytics platform Santiment reported that the XRP Ledger reached 8.24 million non-empty wallets, a record despite the cryptocurrency’s prolonged price weakness. Network growth reached 4,772 newly created wallets in a single day, the fifth-largest daily reading since March.

The firm described the increase as an encouraging adoption signal, although wallet growth does not necessarily represent an equivalent number of new individual investors. One user can operate multiple addresses, while increased network activity does not guarantee immediate buying pressure.

🚨 XRP Holder Count Hits Record As Network Growth Accelerates

📈 XRP Ledger now has a record 8.24M non-empty wallets, extending a steady climb that has continued through months of price volatility. Holder growth is still moving higher with $XRP trading near $1.36.

🌱 Network… pic.twitter.com/IUpjoF5LQl

— Santiment Intelligence (@SantimentData) October 22, 2026

Santiment identified $1.40 as the first resistance level worth monitoring. A sustained recovery above that price, accompanied by daily wallet creation remaining near 4,000, could support a move toward $1.50, according to its analysis.

XRP price prediction: RSI and MACD show easing selling pressure

The XRP price chart showed the cryptocurrency at $1.3194 on the daily timeframe, gaining 0.76% during the chart session as buyers attempted to stabilize prices. Recent XRP price history shows consolidation around $1.30 following the retreat from October highs, although the short-term trend remains bearish.

The Relative Strength Index stood at 42.05, slightly above its signal average of 40.26. While the improvement suggests buying momentum is recovering, the RSI remains below the neutral 50 level, indicating that sellers retain an advantage.

The MACD remained negative, with its main line at -0.0317 below the signal line at -0.0276. However, the histogram narrowed to -0.0040, suggesting that downward momentum was easing without confirming a bullish reversal.

Crypto analyst Carolina identified $1.27 as an important level, with potential recovery targets at $1.44, $1.56 and $1.88. A deeper correction could expose $1.20 if support fails.

Meanwhile, Ash Crypto argued that XRP could approach $2 after overcoming longstanding resistance, while analyst Cleo Schmidt suggested $4 as a speculative longer-term target based on similarities with a previous price pattern.

For the immediate XRP price prediction, $1.30 remains the support to defend, followed by $1.20 if selling resumes. A recovery above $1.40 could bring $1.50 into focus, while the negative MACD and sub-50 RSI indicate that buyers have yet to confirm a lasting reversal.