XRP surprised the market with an impressive recovery after the crypto space turned deep red over the weekend. The XRP price briefly dipped below the psychological 2 dollar level and even touched 1.58 dollar – its lowest point in ten months. The drop followed US President Trumps announcement of 100% import tariffs on Chinese goods, which triggered widespread market panic. But XRP proved it is far from finished.

XRP price jumps 13% in 48 hours

For many traders, the dip turned into a buying opportunity. Within just a few days, XRP made a strong comeback and recovered most of its losses. The market cap surged by an impressive $75 billion since the crash, and the price is already up more than 7% today. In total, XRP has climbed around 13% in the past 48 hours, reclaiming 66% of Friday‘s decline. On Monday, the market cap even hit an intraday high of $158.5 billion. Another key signal: the XRP price has reclaimed the 200-day Simple Moving Average (SMA). During the April crash, this line acted as strong support, after which XRP rallied 54%. That doesn‘t guarantee a repeat, but all eyes are once again on the XRP chart.

Trading volume surges: dip buyers step in

XRP‘s daily trading volume has jumped more than 35% to $11.5 billion, showing strong buying interest and traders positioning for the next big move. The derivatives market is also heating up: volume climbed 44% to $12.2 billion and open interest rose 7.6% to $4.1 billion. The market seems to be gearing up for action.

Technical indicators point to potential XRP price rise

On the weekly chart, the Stochastic RSI is extremely low at 8 – a level often associated with a potential bottom. This indicator compares the RSI value to previous highs and lows and helps traders identify trend reversals. Historically, similar oversold signals have led to major rallies. Think 486% in November–December 2024 and 91% between June and August 2025. Some analysts believe the same pattern may be forming again. A well-known analyst, Chart Nerd, noted: “Every time since July 2024, the Stoch RSI has marked a local bottom before a major move higher. $5 is next.” That would be ambitious, but the crypto market has delivered bigger surprises before.

Key levels to watch

XRP is currently testing its first major resistance zone at $2.70–$2.80. This area previously acted as strong support and, according to on-chain data, around 3.8 billion XRP was accumulated here. A second key zone sits slightly higher at $2.88–$2.95, where both the 50-day and 100-day moving averages converge – often seen as a technical “decision zone”. According to some analysts, XRP remains “extremely bullish” as long as the price closes above the 2025 uptrend line on the weekly timeframe.

What does this mean for XRP?

Following the crash, XRP has shown that confidence in the asset is still strong. The rapid recovery, rising volume and technical signals suggest traders are preparing for the next major move. However, one thing is certain: XRP loves volatility – both up and down. The coming days could be very interesting.

Disclaimer: This is not financial advice. Always do your own research and make well-considered decisions.