XRP Price Forecast: Spot Trading Volume Falls Low as XRP Targets Intitutions

XRP is trading near $1.38, flat in the last 24 hours and down 9.9% over seven days, after bouncing from a low of about $1.31. Our XRP price forecast starts with a gap between price and participation. The recovery has not brought spot buyers back: CryptoQuant’s figures show centralized-exchange spot volume falling by $1.943 billion between August 26 and October 11. A price can stabilize while demand shifts toward derivatives, and the numbers fit that pattern. Perpetual futures open interest stands at $4.56 billion, about twice the $2.18 billion traded in the last 24 hours. On Binance, the seven-day average spot volume fell from $597 million to $168 million, and the spot-to-futures volume ratio slid to 12.7% on October 11. Futures volume was then about 7.9 times spot volume. CryptoQuant said traders may be waiting for lower entry prices, though the ratio alone does not show whether leveraged positioning is bullish or bearish. The October 13 backdrop was risk-off, with total crypto market capitalization reported down 2.88% to $2.81 trillion. Institutional access remains part of the XRP story: U.S.-listed spot XRP exchange-traded funds (ETFs) logged $11.31 million in weekly net inflows...