# Ripple XRP Whales Accumulate Amidst Price Correction and Market Uncertainty Large holders increase XRP positions as analysts debate potential reversal or further declines. - **Source:** [CryptoPotato](https://brifing.si/source/bd22636b-ec8d-42a8-8cca-1937c50e0f6c) - **Published:** 2026-11-08 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/d28124ef-d411-460c-bd04-887030c9f4c7 ## XRP Price Performance Decline Ripple's native token has recently experienced a downward trend, falling toward the 1.15 dollar mark for the first time in several months. This decline followed a rejection at the 1.34 dollar level earlier this month. Investors are now closely monitoring whether this price action represents a temporary correction or a deeper structural issue. ## Whale Accumulation Strategy On-chain data reveals that large holders, commonly referred to as whales, have returned to the market during this downturn. These entities have accumulated nearly 16.5 million tokens, creating a notable divergence between the falling market price and increasing large-wallet exposure. This behavior often signals that institutional participants anticipate a future price recovery. ## Taker Buy/Sell Ratio Metrics Commentator BankXRP highlighted that the 14-day moving average of the Taker Buy/Sell Ratio on Binance is climbing back toward 1.0. This metric tracks aggressive buying relative to selling activity. Despite the continued weakness in spot prices, the rising ratio suggests that buy-side pressure is beginning to recover within the broader market ecosystem. ## Contrarian Sentiment Indicators Social mood surrounding XRP has dropped to its weakest level since July, a phenomenon that some analysts view as a constructive contrarian signal. Historically, extreme fear in the community has occasionally preceded market reversals. Analysts like Ali Martinez suggest that such negative sentiment often indicates that a decline is reaching its final stages. ## Potential Support Level Testing Analyst Celal Kucuker suggests that XRP might still test the 1.05 to 1.10 dollar region before a definitive reversal occurs. Meanwhile, Dark Defender identifies 1.12 dollars as a crucial support level, noting that this price previously acted as resistance during the July and August declines. These levels are currently being watched for stability. ## Elliott Wave Structural Analysis Dark Defender maintains that the broader Elliott Wave structure remains intact as long as XRP holds the 1.12 dollar support region. He interprets current market weakness as the latter stages of Wave 2 rather than the beginning of a prolonged collapse. This perspective anticipates an eventual Wave 3 expansion toward significantly higher price targets. ## Aggressive Future Price Targets If the token successfully breaks its descending trendline, some analysts project a highly aggressive advance. Celal Kucuker has proposed a target of 4.15 dollars, which would mimic the major rally observed during the 2024-2025 period. Similarly, CrediBULL Crypto expects the next major move to be a rally exceeding 40 percent in total value. ## Market Outlook and Uncertainty While whale accumulation and technical indicators suggest a potential rebound, lower-timeframe price action remains difficult to navigate for many traders. The market is currently balancing between the possibility of a violent reversal and the risk of further downward testing. Investors are advised to monitor support levels closely as the asset consolidates. ## Sources covering this story - https://cryptopotato.com/ripples-xrp-is-bleeding-but-whales-are-buying-are-bulls-preparing-for-a-violent-reversal/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._