The XRP returns to losses in chaotic trade on Friday, which has changed from a 41% collapse to close more than $ 2.47 as institutional bids built following prevention panic. The $ 1.14 of the session-from $ 2.77 to $ 1.64-is one of the widest in the 2025 XRP trading history, driven by macro-led deleveraging and heavy futures that are liquids in the main areas.
What to know
• The XRP fell from $ 2.77 to $ 1.64 between October 10, 16:00 – October 11:00, which marked a 41% intraday collapse before rebounding to $ 2.49.
• More than $ 150 million in XRP futures is liquid while Trump’s 100% announcement triggers trigger the risk of cross-asset risk.
• Intraday volume leads to 817 million -almost triple recently -day -day averages -while volatility has sank to 41%.
• Institutional accumulation seen between $ 2.34- $ 2.45 as large holders rebuilt exposure to bounce.
• The main resistance remains $ 3.05 with reversed projections towards $ 3.65- $ 4.00 if the momentum recovery is maintained.
News background
Macro’s sudden shock -US -China’s new tariffs -that have been forced to avoid the entire risk ownership. The XRP briefly fell to $ 1.64 before stabilizing as bids with weight volume that absorbed panic sales. Derivatives data confirmed: the open interest fell 6.3% overnight while long liquid outpaced shorts 15: 1. Analysts frame rebounds as “institutional recalibration” instead of volatility driven by retail, with resources that increase exposure to the area Ripple’s banking integration.
Summary of price action
• The steep drawdown hit 19: 00–21: 00 UTC as the XRP dropped $ 1.08 to 817 million quantities – Capitulation candle of the week.
• immediate rebound to $ 2.34 created a new base; The price then climbs up to $ 2.49 by 15:00 UTC.
• The last time (14: 58–15: 57) saw a $ 0.03 band ($ 2.46- $ 2.49) with a volume of 2.2 million – evidence of integration, not a flow of flow.
• Market structure was rebuilt with $ 2.47– $ 2.48 as short -term support, proving the absorption of previous volatility.
Technical analysis
• Support – $ 1.64 holds as low capitulation; $ 2.40- $ 2.45 flooring forms.
• Resistance – $ 3.05 remains a breakout trigger; Close above the structural recovery signals.
• Volume-817 million compared to 30-day AVG ≈ 270 million-capitulation-grade turnover.
• Pattern – Bullish Recovery Channel forming; Momentum indicators that turn positively above $ 2.47.
• Trend – RSI recovers from oversold; The MacD histogram flows toward zero, showing an early return of bias.
What do entrepreneurs watch
• If the $ 2.47 zone holds as confirmed support through the Asian weekend sessions.
• Continuing bids from institutional post-liquid posts.
• ETF flow data following 21shares TDOG launch spillover.
• Technical rest above $ 2.90- $ 3.00 to re-enter the long setup targeting $ 3.65+.
• Macro-risk narrative-next-through-through from tariff escalation and crypto correlation spikes.
