Important points:
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XRP has rebounded 66% from its lows of $2.58, increasing its market cap by $75 billion amid a 35% surge in volume and strong long positions.
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The oversold weekly Stoch RSI signals a possible bullish reversal.
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XRP price needs to overcome resistance between $2.70 and $2.96 before the next leg up.
XRP (XRP) fell 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 through the crypto market.
However, XRP price has recovered most of its losses. It is now up more than 7% and has regained its $75 billion market cap since the crash.
XRP market cap returns to $158 billion
As a result, XRP’s price and market capitalization have rebounded 13% in the past 48 hours, mitigating 66% of losses from Friday’s low to Monday’s intraday high of $158.5 billion.
This recovery has brought XRP price back to its 200-day simple moving average (SMA) (purple line). This trendline served as support for the market crash in April, after which prices rose 54%.
XRP’s daily trading volume also increased by more than 35% in the past 24 hours to $11.5 billion, suggesting aggressive bullish buying as traders reposition themselves for the next macro factor.
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The bullish stance was also visible in the derivatives market, where trading volume rose more than 44% to $12.2 billion in the past 24 hours as prices recovered, and open interest rose 7.6% to $4.1 billion.
Where will XRP go next?
The Stochastic RSI is highly oversold at 8 on the weekly chart, suggesting a potential rebound.
Stochastic RSI is a momentum indicator that measures the value of a strength index relative to its high/low range over a period of time, helping traders identify overbought, oversold conditions, and possible reversals.
Previous examples have shown that such oversold levels on the stochastic RSI often precede sharp increases in XRP price. The growth rate of altcoins was 486% from November to December 2024, and 91% from June to August 2025.
“XRP’s weekly Stoch RSI has returned to oversold levels, suggesting a strong bullish reversal is on the way,” analyst Chart Nerd said in a Friday X post, adding:
“Since July 2024, the Stoch RSI has always marked a local bottom before the macro rally. Next is $5.”
According to Glassnode, XRP is currently facing resistance at the $2.70-$2.80 level, which was previously a support area and critical zone where around 3.8 billion XRP was acquired.
Another level to note on the upside is the $2.88 to $2.95 supply zone, where both the 50-day and 100-day simple moving averages are currently located.
For analyst CryptoBull, the weekly close above the 2025 uptrend line indicates that XRP remains “very bullish.”
#XRP It ended the week above the yearly uptrend. Very 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 decisions.