Key takeaways:
XRP surged 66% from its low of $2.58, adding $75 billion to its market cap alongside a 35% spike in trading volume and strong long positions.
Oversold weekly Stoch RSI indicates a potential bullish reversal.
The XRP price needs to break through resistance at $2.70-$2.96 to advance further.
XRP (XRP) fell below $2 on Friday, reaching a 10-month low of $1.58 on Bitstamp after President Trump imposed 100% tariffs on Chinese imports, unsettling the crypto market.
However, XRP has recovered most of its losses, rising over 7% today and regaining $75 billion in market capitalization since the drop.
XRP market cap returns to $158 billion
This recovery has resulted in a 13% increase in XRP prices and market cap over the past 48 hours, reducing losses from Friday’s low to an intraday high of $158.5 billion on Monday.
XRP’s price has also reclaimed the 200-day simple moving average (SMA) (purple line), which provided support during the April market crash, leading to a subsequent 54% rise.
XRP’s daily trading volume has surged over 35% in the past 24 hours to $11.5 billion, reflecting aggressive buying as traders prepare for upcoming macro catalysts.
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Positive sentiment is also evident in the derivatives market, with trading volume increasing by more than 44% in the last 24 hours to $12.2 billion, and open interest rising 7.6% to $4.1 billion as prices bounced back.
What’s next for XRP?
The Stochastic RSI indicates extreme oversold conditions at 8 on the weekly chart, suggesting a potential rebound is forthcoming.
This momentum indicator measures the relative strength index’s value against its high/low range over a period, aiding traders in identifying overbought and oversold conditions and potential reversals.
Historically, similar oversold levels on the Stochastic RSI have preceded significant increases in XRP’s price, with gains of 486% between November and December 2024, and 91% from June to August 2025.
“XRP’s weekly Stoch RSI has returned to oversold levels, indicating a strong bullish reversal could be imminent,” stated analyst Chart Nerd in a recent X post, adding:
“Since July 2024, the Stoch RSI has identified local bottoms prior to macro upward movements. $5 is coming next.”
XRP now encounters resistance at the $2.70-$2.80 range, which was previously a support zone where around 3.8 billion XRP were accumulated, according to Glassnode.
Another significant area to monitor on the upside is the $2.88-$2.95 supply zone, where the 50-day and 100-day simple moving averages currently reside.
For analyst CryptoBull, a weekly close above the 2025 uptrend line indicates XRP remains “extremely bullish.”
#XRP closed the week above year long uptrend. Extremely bullish! pic.twitter.com/Y0TZai7YPM
— CryptoBull (@CryptoBull2020) October 13, 2025
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
