Analyst Ali Martinez called a bottom for XRP on Monday, October 19, after Santiment data showed XRP Ledger transfer volume jumping to $49.66 billion while the token held $1.25. He set $2 as the target of his XRP price forecast. It is a huge number on a very quiet chart.
XRP trades at $1.30 today, down 0.49% in 24 hours and 4.47% over the week, inside a narrow $1.29 to $1.31 range. So did buyers show up, or did coins just change wallets?
XRP: THE BOTTOM IS IN
Transaction volume on the $XRP Ledger exploded last night as prices hovered around the $1.25 support.
The total dollar value of coins transferred on-chain skyrocketed to $49.70 billion, coinciding with the rebound that is now taking place.
This surge in… https://t.co/vTEFhtC5ss pic.twitter.com/fQTEvKsTKk
— Ali Charts (@alicharts) October 19, 2026
The jump is real: Santiment’s chart puts the day’s transfers roughly 6,000% above a baseline near $0.8 billion. But transfer volume counts every XRP that moves between addresses, including an exchange shuffling coins from a hot wallet to cold storage. Nobody has to buy anything for it to spike.
The whole $49.66 billion cost about $664 in fees, while spot exchange turnover was $1.47 billion, 33.8 times smaller. In other words, that $1.47 billion is the demand figure to watch. It did rise 68% from Sunday, which is the part of the story bulls can actually use.
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XRP Price Forecast: Can XRP Hit $2 After the Volume Spike?
Not without clearing a wall first. Martinez’s own condition for $2 is a steady close above $1.56, which is 20% above today’s price.
XRPUSDT Chart 1D TradingView
The levels on the daily chart:
- The floor to defend: $1.2468. The swing low that Martinez’s $1.25 refers to, with the 0.618 Fibonacci level just above at $1.2588.
- The first test: $1.3661. The last swing high, close enough to the $1.31 top of today’s range that one good day reaches it.
- The real ceiling: $1.3750. The 50-day and 200-day exponential moving averages (EMAs, averages that weight recent prices more) sit there almost exactly level, and the 50 is sliding toward a death cross below the 200.
In the bull case, XRP closes above $1.3750 and turns the EMAs into support, opening the $1.4835 swing high and then Martinez’s $1.56 trigger. In the base case, it keeps chopping around $1.30 while the volume spike fades. In the bear case, a daily close under $1.2468 kills the bottom call, and Martinez himself sees $1.10 next, with the $1.05 lows below that.
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XRP’s setup offers a conditional recovery case, but the $49.66 billion figure alone does not establish durable buying pressure. If support fails, holders may face renewed downside before a recovery develops. That uncertainty can make early-stage infrastructure appealing to traders seeking a different risk profile; it also comes with substantially different execution and liquidity risks.
LiquidChain ($LIQUID) is a Layer 3 infrastructure project that says it fuses Bitcoin, Ethereum, and Solana liquidity in a single execution environment. The project describes its core features as a Unified Liquidity Layer, Single-Step Execution, Verifiable Settlement, and a Deploy-Once Architecture: developers deploy once and access all three ecosystems.
The listed token price is exactly $0.014967, and the total raised is exactly $984,874.28. LiquidChain also highlights audits from SpyWolf and CertiK, which give investors an independent review of its smart contracts. Staking rewards are advertised at 1,167% APY for early participants.
Those curious can research LiquidChain directly before drawing conclusions.
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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Daniel Frances is a technical writer and Web3 educator specializing in macroeconomics and DeFi mechanics. A crypto native since 2017, Daniel leverages his background in on-chain analytics to author evidence-based reports and deep-dive guides. He holds certifications from The Blockchain Council, and is dedicated to providing “information gain” that cuts through market hype to find real-world blockchain utility.