XRP faced resistance near $1.33 as the 90-day average of whale outflows from Binance fell to its lowest level since October 2021. CryptoQuant reported that the measure dropped approximately 98.6% from its February 2025 peak, indicating reduced activity among large holders.

CryptoQuant analyst Darkfost said the 90-day average of XRP whale outflows reached $49.7 million on October 20. The decline came as XRP showed weak technical momentum and uncertainty persisted around institutional demand. U.S. spot XRP exchange-traded funds (ETFs) also recorded their first negative week after 13 consecutive weeks of inflows. Taken together, the exchange-flow data, ETF tallies, and technical readings gave market watchers three separate gauges on XRP — each with its own limits — as the token traded below all of its major moving averages.

At the same time, XRP Ledger validators approached a protocol milestone. The network’s fixCleanup3_4_0 amendment could activate on October 23 if validator support remains above the required threshold.

XRP Technical Levels and Market Structure

XRP rose more than 2% over the 24 hours covered by the report and moved above $1.33. Its seven-day trading range extended from $1.26 to $1.38. Despite the short-term gain, XRP remained below its 20-, 50-, 100-, and 200-day exponential moving averages, which stood at $1.3689, $1.3743, $1.3353, and $1.3742, respectively. Exponential moving averages weight recent prices more heavily and are widely used as trend references, so trading beneath all four left XRP on the weaker side of the trend measures many traders track.

The immediate support area was identified between $1.28 and $1.30. A sustained move below $1.28 would bring the $1.21 range into focus, followed by $1.05 in a deeper decline. On the upside, initial resistance was located near $1.3353, followed by $1.38. The technical assessment placed $1.50 in a possible recovery range if XRP closes above $1.38. That makes the $1.28–$1.30 band the level to watch in the sessions ahead.

The daily relative strength index (RSI) was 36.49, below its signal average of 39.83. The RSI is a momentum gauge in which readings above 70 are typically labeled overbought and readings below 30 oversold; at 36.49, XRP sat in the lower half of the neutral band without reaching oversold territory. Crypto analyst Carolina separately identified a potential inverse head-and-shoulders formation and outlined a conditional target near $2.80. However, the pattern still requires a completed right shoulder and a neckline breakout supported by stronger trading volume.

Binance XRP Whale Outflows Reach Five-Year Low

Binance’s 90-day average XRP whale outflows declined from approximately $3.5 billion in February 2025 to $49.7 million on October 20, representing a roughly 98.6% decrease. According to the analyst’s historical data, the latest figure matched levels last seen around October 2021.

Whale outflows measure large XRP transfers from an exchange to external wallets. Analysts use the metric to monitor withdrawals, but such transfers do not automatically indicate new purchases. Custody movements and exchange wallet management can also affect the data. That caveat is central to reading the five-year low: a smaller dollar figure can reflect fewer tokens moving, a lower token price, or both.

Darkfost suggested that large holders could be waiting for lower prices before increasing their positions. Dollar-denominated outflows can also change with XRP’s market price even when the number of tokens transferred remains unchanged. How the metric moves from here, alongside price and ETF flows, remains one of the open data points in XRP’s demand picture.

XRP ETF Flows Provide Another Demand Indicator

U.S. spot XRP ETFs recorded no net inflows or outflows on October 19, according to the market report. The flat daily result followed a prior week that produced $1.84 million in net withdrawals, ending a run of 13 consecutive weeks of inflows. Because spot ETFs hold the underlying token directly, their weekly tallies offer a running read on fund-level demand that sits outside exchange wallet data — one reason the first negative week after 13 straight weeks of inflows stood out.

ETF flows measure subscriptions and redemptions involving investment funds, while whale outflows measure token transfers from Binance. Neither dataset alone establishes whether large investors bought or sold XRP in the spot market. Upcoming weekly flow figures will show whether the pullback was a one-week pause or the start of a different pattern.

XRP’s daily trading volume was near $1.28 billion, while its market capitalization was approximately $82 billion. A separate report dated October 19 also cited elevated exchange reserves.

XRP Ledger Amendment Could Activate on October 23

The XRP Ledger’s fixCleanup3_4_0 amendment could activate on October 23 if validator support remains above the required level. As of October 19, 29 of 35 trusted validators supported the amendment, meeting the network’s 80% approval requirement. Support must remain at that level for two consecutive weeks.

The proposal addresses technical issues involving transactions and automated market makers. Separate lending amendments had not received enough votes. LendingProtocol and LendingProtocolV1_1 each had 19 affirmative votes, while SingleAssetVault had 21. Under the reported validator count, all three amendments required 29 votes to qualify, meaning their support would need to climb to that bar in later validation rounds.

The network activated transaction batching on October 9. Developers released the latest cleanup and lending code through XRP Ledger server version 3.4.0, although validator approval continues to determine when individual amendments take effect. That structure is characteristic of the ledger’s governance: features ship in code but stay dormant until the network’s validators — not any single operator — switch them on, making the October 23 window a concrete checkpoint whether fixCleanup3_4_0 clears its two-week support requirement.

This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets involve substantial volatility and potential capital losses. Investors should conduct independent research and consult a qualified financial adviser before making investment decisions.