Key takeaways:
XRP rebounded 66% from $2.58 lows, adding $75 billion to its market cap amid a 35% volume surge and strong long positions.
Oversold weekly Stoch RSI signals a potential bullish reversal.
The XRP price must overcome resistance at $2.70-$2.96 before the next leg up.
XRP (XRP) dipped below the $2 mark on Friday, hitting a 10-month low of $1.58 on Bitstamp after President Trump’s 100% tariffs on Chinese imports sent shockwaves across the crypto market.
XRP price has, however, recovered most of its losses. It’s up over 7% today, recouping $75 billion in market capitalization since the crash.
XRP market cap returns to $158 billion
As a result, the XRP prices and market cap have rebounded 13% over the last 48 hours and pared 66% of its losses from Friday’s lows to an intraday high of $158.5 billion on Monday.
This recovery has also seen XRP price reclaim the 200-day simple moving average (SMA) (purple line). This trendline served as support in the April market crash, after which the price rallied 54%.
XRP’s daily trading volume has also surged more than 35% over the past 24 hours to $11.5 billion, signaling aggressive dip-buying as traders reposition for the next macro catalysts.
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The bullishness was also seen in the derivatives market, where trading volume has jumped by more than 44% over the last 24 hours to $12.2 billion, and open interest has increased by 7.6% to $4.1 billion as prices recovered.
Which way next for XRP?
The Stochastic RSI is extremely oversold at 8 on the weekly chart, suggesting that a rebound could be in the cards.
The stochastic RSI is a momentum indicator that measures the relative strength index‘s value relative to its high/low range over a period, helping traders identify overbought and oversold conditions and potential reversals.
Previous instances have shown that such oversold levels on the Stochastic RSI often precede sharp rises in the XRP price. The altcoin’s gains were 486% between November and December 2024 and 91% between June and August 2025.
“XRP’s weekly Stoch RSI has revisited oversold levels, hinting a strong bullish reversal is on the cards,” said analyst Chart Nerd in a Friday X post, adding:
“On all occasions since July 2024, the Stoch RSI has marked a local bottom before a macro move higher. $5 is next.”
XRP now faces resistance at the $2.70-$2.80 level, previously a support area and a critical zone where approximately 3.8 billion XRP were acquired, according to Glassnode.
Another level to watch on the upside is the $2.88-$2.95 supply zone, where both the 50-day and 100-day simple moving averages currently sit.
For analyst CryptoBull, a weekly close above the 2025 uptrend line signals that 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.