Despite being in what many traders call a “distribution phase,” XRP distribution continues to draw bullish forecasts from analysts who believe the altcoin will eventually reach the $30 price objective.
According to market observers, while XRP’s current price action indicates consolidation and profit-taking among significant holders, the larger structure remains supportive of a long-term advance.
According to market observers, the so-called XRP distribution phase may not be a sign of weakness, but rather a period of market rebalancing before the next major move.
Technical Structure Still Bullish
XRP has been trading sideways over the past few weeks after falling from its yearly high of $3.60. Despite the retracement, technical analysts have noticed a symmetrical triangular pattern building on the daily chart, which frequently indicates continuation rather than reversal.
“The overall trend remains bullish,” one cryptocurrency analyst stated. “XRP’s consolidation appears to be a setup for the next breakout, rather than a top.” The macro target of $19 to $30 remains valid as long as major supports hold.”
What the ‘XRP Distribution Phase’ Really Means
In trading jargon, a distribution phase happens when long-term investors start selling some of their holdings, usually at the end of a major gain. However, economists caution against seeing it as the conclusion of a bull run too soon.
Blockchain data still reveals evidence of whale accumulation, with some giant wallets maintaining or increasing their positions. This mixed on-chain signal indicates that the market is in transition, rather than undergoing a full-fledged sell-off.
“Some profit-taking is natural after XRP’s sharp rise,” added another expert. “But the absence of panic selling and the steady accumulation by certain whale addresses hint that the next rally might be forming quietly.”
Why Analysts Still Believe in $30
Several experts base their $30 price estimate on long-term Elliott Wave and cycle research. These models indicate that XRP is still in the early stages of its macro bull phase, perhaps poised for a multi-leg recovery after the current correction period concludes.
“Both technical and sentiment data indicate that XRP’s larger bullish cycle is far from over,” according to a trader. “If the breakout from the triangle pattern plays out, we could see new highs beyond $4 in the short term—and much higher targets in the long run.”
XRP Price Outlook for October 2025: Recovery or Downside?
Risks to Consider
While optimism is high, analysts warn traders to stay vigilant. A deeper drop may occur if XRP falls below critical support levels or if general crypto market sentiment deteriorates.
Currently, there are “no technical signals confirming a major reversal,” according to one chart analyst.
With legal clarity following Ripple’s partial court victory against the SEC and renewed interest in cryptocurrencies, XRP’s long-term prospects remain under consideration. The XRP distribution phase could merely be the quiet before the next wave of price discovery, perhaps bringing the currency closer to the much-discussed $30 target.
Analysts remain optimistic about XRP’s market structure, despite short-term uncertainties. The ongoing distribution phase does not appear to jeopardize the long-term prognosis; it could simply be the market taking its breath before the next rise.
Source: cointelegraph