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    Home»Altcoins»XRP Climbs to $2.60, Recovering Nearly All Losses from Flash Crash: Has the Downturn Ended?
    Altcoins

    XRP Climbs to $2.60, Recovering Nearly All Losses from Flash Crash: Has the Downturn Ended?

    Ethan CarterBy Ethan CarterOctober 14, 2025No Comments3 Mins Read
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    XRP Climbs to $2.60, Recovering Nearly All Losses from Flash Crash: Has the Downturn Ended?
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    Highlights:

    • XRP surged 66% from a low of $2.58, adding $75 billion to its market cap with a 35% increase in trading volume and solid long positions.

    • Oversold weekly Stoch RSI indicates a likely bullish reversal.

    • The XRP price needs to break through the resistance at $2.70-$2.96 for the next price increase.

    XRP (XRP) fell below $2 on Friday, reaching a 10-month low of $1.58 on Bitstamp after US President Donald Trump announced 100% tariffs on Chinese imports, causing turmoil in the crypto market.

    However, XRP has regained most of its losses, rising over 7% today and recovering $75 billion in market capitalization since the drop.

    0199dd63 a47b 7ff4 a4de 971830c0ff11
    XRP/USD daily chart. Source: Cointelegraph/TradingView

    XRP Market Cap Reaches $158 Billion

    This rebound has led to a 13% increase in XRP prices and market cap over the last 48 hours, recovering 66% of the losses from Friday’s lows to an intraday high of $158.5 billion on Monday.

    This recovery has also allowed XRP to reclaim the 200-day simple moving average (SMA) (purple line), which provided support during the April market downturn, after which the price jumped 54%.

    Cryptocurrencies, XRP, Markets, Donald Trump, Market Analysis, Altcoin Watch
    XRP market capitalization. Source: Cointelegraph/TradingView

    XRP’s daily trading volume has also increased by over 35% in the last 24 hours, reaching $11.5 billion, indicating aggressive buying as traders prepare for upcoming macro drivers.

    Related: SWIFT’s Blockchain: A Potential Challenge to Ripple’s Payment Dominance

    Positive sentiments were also evident in the derivatives market, where trading volume surged by more than 44% in the last 24 hours to $12.2 billion, with open interest rising by 7.6% to $4.1 billion as prices bounced back.

    What’s Next for XRP?

    The Stochastic RSI is currently highly oversold at 8 on the weekly chart, suggesting a potential rebound.

    The stochastic RSI is a momentum indicator that evaluates the relative strength index’s value in relation to its high/low range over time, assisting traders in detecting overbought and oversold conditions and potential reversals.

    Historical data indicates that such extreme oversold levels on the Stochastic RSI often precede significant increases in XRP price, with gains of 486% from November to December 2024 and 91% from June to August 2025.

    “XRP’s weekly Stoch RSI has returned to oversold levels, signaling a strong bullish reversal is imminent,” noted analyst Chart Nerd in a recent X post, adding:

    “Every time since July 2024, the Stoch RSI has indicated a local bottom before a macro upward trend. $5 is next.”

    0199dd63 d182 7cf3 aa07 5124a0b7e02a
    XRP/USD weekly chart. Source: Cointelegraph/TradingView

    XRP is now facing resistance at the $2.70-$2.80 range, which previously served as a support area and is a crucial zone where about 3.8 billion XRP were acquired, according to Glassnode.

    Another crucial upside level to monitor is the $2.88-$2.95 supply zone, where the 50-day and 100-day simple moving averages currently reside.

    Analyst CryptoBull suggests that a weekly close above the 2025 uptrend line indicates that XRP remains “extremely bullish.”

    #XRP closed the week above the 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.