XRP is trading near $1.50 after gaining around 16% over the past week, while its price continues to consolidate inside a triangle pattern. Whale holdings showed no notable change during the past seven days, according to analyst Ali Charts.

The pattern is narrowing as price approaches its apex, placing technical levels near $1.53 and $1.60 at the center of short-term market attention. Four scheduled events in early October are also drawing focus: XRP Seoul, the expected closing of the Evernorth acquisition, XRPN’s anticipated Nasdaq debut, and an upgrade to the XRP Ledger (XRPL) mainnet.

Whale Holdings Remain Unchanged as Triangle Narrows

Ali Charts reported on X that whales remained relatively sidelined over the past week, with no significant change in their $XRP holdings. Price has stayed within the same triangle boundaries as the pattern’s lines converge. Whale balances — the aggregate holdings of large wallets — are widely tracked in crypto markets because shifts in large-holder positioning can affect how much supply is actively circulating.

XRP INCHES CLOSER TO A BIG MOVE

Whales have remained relatively sidelined over the past week, with no significant change in their $XRP holdings.

Meanwhile, XRP continues to consolidate inside a triangle. As price moves closer to the apex, a bigger move could be approaching.

A… pic.twitter.com/TsVqgr3tJG

— Ali Charts (@alicharts) October 4, 2026

According to Ali Charts, a four-hour close above $1.53 could confirm a bullish breakout and open the way toward $1.62. The $1.62 level would then become the next reference point. Triangle formations are described in technical analysis as consolidation structures in which converging trendlines compress the trading range, and analysts typically look for a decisive close beyond one of the boundaries to gauge how the range resolves.

Four October Catalysts

DavidTheBuilder, a CoinMarketCap community contributor, wrote on Oct. 3 that XRP entered October with four major catalysts. The post also noted that XRP had gained around 16% during the week, while Bitcoin market conditions could still influence the broader move. The post is available on CoinMarketCap.

The first event, XRP Seoul, is scheduled for Oct. 3 and brings together banks, institutions, and Ripple teams. Discussions are focused on XRPL payments, RLUSD — Ripple’s US dollar-backed stablecoin — automated market makers (AMMs), and compliance.

The Evernorth acquisition is expected to close on Oct. 7-8. XRPN is then expected to begin trading on Nasdaq, adding another route for institutional XRP exposure; listings on a regulated securities exchange such as Nasdaq allow investors to access token exposure through established brokerage and trading infrastructure. DavidTheBuilder’s post described the listing as following the acquisition close.

The fourth event is the XRPL mainnet upgrade, with its window opening on Oct. 9. It is the final event listed in the post. Mainnet upgrades are applied to a blockchain’s core network rather than to applications built on top of it, and scheduled windows are commonly used to coordinate the rollout across node operators. With dates attached to each item, the sequence offers a series of scheduled checkpoints through early October.

Resistance Levels Define the Technical Setup

DavidTheBuilder identified $1.60 as a key resistance level for XRP, with the token trading just below that mark. According to the contributor, a clean break above $1.60 could bring $1.88 first. Beyond that, $2.90 is the larger target cited in the post.

Both levels are above XRP’s current trading range, meaning a move through $1.60 would precede any potential test of those higher levels. The two analysts therefore identify several defined price zones: Ali Charts references $1.53 and $1.62, while DavidTheBuilder cites $1.60, $1.88, and $2.90. Levels like these are used by traders as reference points for gauging whether a move is confirmed or invalidated.

XRP is consequently approaching several nearby technical markers as its triangle pattern narrows, while whale holdings remain largely unchanged. With the four events dated between Oct. 3 and Oct. 9, the first week of the month provides a clearly scheduled sequence to follow as the pattern approaches its apex.

Source: Blockonomi